Housing market/South Carolina/ZIP 29654

ACS 2023 · FY2027 SAFMR

ZIP 29654 Honea Path, Abbeville County, South Carolina

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

Population
9,998
Households
3,729
Median HH income
$62,128
Renter share
20.1%
Median gross rent
$924
Vacancy
11.9%
Pop. change
+7.4%
2BR SAFMR
$1,210
SAFMR / rent
1.310×
2–49 unit stock
94
LIHTC proj / units
3 / 106
HUD assisted MF
1 / 40

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 29654 · SC — sent to you.

ZIP 29654 · SC

ACS median rent$924
2BR SAFMR$1,210
90% floor$1,089
110% ceiling$1,331

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

Housing stock

ACS 2023 units-in-structure · ZCTA 29654

  • 1-unit detached3,20675.8%
  • 1-unit attached120.3%
  • 2–4 units380.9%
  • 5–49 units561.3%
  • Mobile92021.7%
TypeUnitsShare
1-unit detached3,20675.8%
1-unit attached120.3%
2 units (duplex)380.9%
3–4 units00.0%
5–9 units240.6%
10–19 units320.8%
20–49 units00.0%
50+ units00.0%
Mobile92021.7%

2–4 unit share 0.9% · 5–49 unit share 1.3% · combined 2–49 2.2%.

Units by bedrooms

Studio
11
1BR
113
2BR
1,370
3BR
2,252
4BR
398
5+
88

Rent burden

Rent ≥30% of income32.5%
Rent ≥50% of income13.0%
  • ACS median gross rent $924 (all bedrooms, occupied rentals).
  • Median contract rent $660.
  • Renters paying ≥30% of income 32.5%; ≥50% 13.0%.
  • FY2027 2BR SAFMR $1,210 (1.310× ACS median gross rent).

Population

9,998 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.4%.

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

Assisted inventory

  • LIHTC: 3 projects, 106 units.
  • HUD project-based assisted MF: 1 properties, 40 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 81 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 29654 20.1% of occupied households are renters; vacancy is 11.9%; ACS median gross rent is $924; population increased +7.4% between the 2018 and 2023 ACS vintages; the housing stock includes 38 units in 2–4-unit structures and 56 units in 5–49-unit structures; 3 LIHTC projects totaling 106 units; FY2027 2BR SAFMR is $1,210 versus ACS median gross rent of $924. 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 29654 is a Census / HUD profile for Abbeville County, SC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 29654?

ZIP 29654 (Abbeville County, SC) has 9,998 residents, 3,729 households, a renter share of 20.1%, median household income of $62,128, and ACS 2023 median gross rent of $924. Vacancy is 11.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 29654?

ACS counts 38 units in 2-unit buildings, 0 in 3–4 unit buildings, 24 in 5–9, 32 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 94 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 29654?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,210. See the full schedule and 90–110% payment-standard band on the ZIP 29654 — Honea Path, SC HUD Section 8 Payment Standards / SAFMR.

Does this South Carolina ZIP profile include Georgia listings?

No. ZIP 29654 is Census / HUD research for Abbeville County, SC. 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.