JeffCroweCRE

Housing market/South Carolina/ZIP 29203

ACS 2023 · FY2027 SAFMR

ZIP 29203 Columbia, South Carolina

Columbia, SC HUD Metro FMR Area · South Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
40,811
Households
16,050
Median HH income
$42,371
Renter share
52.1%
Median gross rent
$1,041
Vacancy
14.7%
Pop. change
+3.3%
2BR SAFMR
$1,200
SAFMR / rent
1.153×
2–49 unit stock
4,260
LIHTC proj / units
30 / 1,926
HUD assisted MF
10 / 1,043

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 29203 · SC — sent to you.

ZIP 29203 · SC

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ACS rent vs 2BR SAFMR

ZIP 29203 — Columbia, SC HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,041
2BR SAFMR$1,200
90% floor$1,080
110% ceiling$1,320

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 29203

  • 1-unit detached12,13064.6%
  • 1-unit attached5923.2%
  • 2–4 units1,4837.9%
  • 5–49 units2,77714.8%
  • 50+ units3822.0%
  • Mobile1,4067.5%
TypeUnitsShare
1-unit detached12,13064.5%
1-unit attached5923.1%
2 units (duplex)5092.7%
3–4 units9745.2%
5–9 units1,97710.5%
10–19 units4702.5%
20–49 units3301.8%
50+ units3822.0%
Mobile1,4067.5%

2–4 unit share 7.9% · 5–49 unit share 14.8% · combined 2–49 22.6%.

Units by bedrooms

Studio
332
1BR
1,646
2BR
5,041
3BR
9,087
4BR
2,487
5+
222

Rent burden

Rent ≥30% of income52.7%
Rent ≥50% of income26.7%
  • ACS median gross rent $1,041 (all bedrooms, occupied rentals).
  • Median contract rent $778.
  • Renters paying ≥30% of income 52.7%; ≥50% 26.7%.
  • FY2027 2BR SAFMR $1,200 (1.153× ACS median gross rent).

Population

40,811 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 30 projects, 1,926 units.
  • HUD project-based assisted MF: 10 properties, 1,043 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 864 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 29203 52.1% of occupied households are renters; vacancy is 14.7%; ACS median gross rent is $1,041; population increased +3.3% between the 2018 and 2023 ACS vintages; the housing stock includes 1,483 units in 2–4-unit structures and 2,777 units in 5–49-unit structures; 30 LIHTC projects totaling 1,926 units; FY2027 2BR SAFMR is $1,200 versus ACS median gross rent of $1,041. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

South Carolina research

ZIP 29203 is a Census / HUD profile for Columbia, SC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 29203 — Columbia, SC HUD Section 8 Payment Standards / SAFMR·South Carolina ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
29002Columbia, SC HUD Metro FMR Area——$1,26029006Columbia, SC HUD Metro FMR Area21.4%$829$1,00029014Columbia, SC HUD Metro FMR Area0.8%—$1,15029015Columbia, SC HUD Metro FMR Area13.8%$545$1,15029016Columbia, SC HUD Metro FMR Area16.8%$1,265$1,34029033Columbia, SC HUD Metro FMR Area40.7%$1,342$1,39029044Columbia, SC HUD Metro FMR Area16.1%$1,084$1,15029052Columbia, SC HUD Metro FMR Area11.8%$975$1,15029053Columbia, SC HUD Metro FMR Area31.7%$947$1,15029054Columbia, SC HUD Metro FMR Area9.1%$880$1,15029055Columbia, SC HUD Metro FMR Area14.9%$781$1,15029061Columbia, SC HUD Metro FMR Area26.5%$1,303$1,340

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is South Carolina research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 29203?

ZIP 29203 (Columbia, SC HUD Metro FMR Area) has 40,811 residents, 16,050 households, a renter share of 52.1%, median household income of $42,371, and ACS 2023 median gross rent of $1,041. Vacancy is 14.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 29203?

ACS counts 509 units in 2-unit buildings, 974 in 3–4 unit buildings, 1,977 in 5–9, 470 in 10–19, and 330 in 20–49. Combined 2–49 unit stock is 4,260 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 29203?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,200. See the full schedule and 90–110% payment-standard band on the ZIP 29203 — Columbia, SC HUD Section 8 Payment Standards / SAFMR.

Does this South Carolina ZIP profile include Georgia listings?

No. ZIP 29203 is Census / HUD research for Columbia, SC HUD Metro FMR Area. Jeff Crowe CRE does not list South Carolina property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.