FMR is below market; voucher rent may lag private rents.
0.83
1 BR
1 BR- 29036
0.95ratio
FMR$1,670
Market$1,750
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR- 29036
0.96ratio
FMR$1,820
Market$1,900
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR- 29036
1.13ratio
FMR$2,300
Market$2,040
vs market+$260
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR- 29036
1.14ratio
FMR$2,610
Market$2,280
vs market+$330
FMR is above market; underwrite to market rent.
1.14
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Chapin, SC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Chapin, SC is $1,820 a month. That is down 3.2% from $1,880 in FY 2026. Chapin is in the Columbia, SC HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,226. The median county two-bedroom FMR in South Carolina is $1,098, so Chapin is 66% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Chapin, SC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,520
$1,470
−3.3%
$1,323–$1,617
1BR
$1,710
$1,670
−2.3%
$1,503–$1,837
2BR
$1,880
$1,820
−3.2%
$1,638–$2,002
3BR
$2,390
$2,300
−3.8%
$2,070–$2,530
4BR
$2,820
$2,610
−7.4%
$2,349–$2,871
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Chapin, SC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,470
$1,670
$1,820
$2,300
$2,610
FY 2026
$1,520
$1,710
$1,880
$2,390
$2,820
FY 2025
$1,470
$1,620
$1,800
$2,290
$2,750
FY 2024
$1,390
$1,490
$1,670
$2,140
$2,570
FY 2023
$1,240
$1,310
$1,480
$1,900
$2,270
Questions about Chapin, SC rents
How much will Section 8 pay for a two-bedroom in Chapin, SC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,226, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,103 to $1,349 a month; under the ZIP-level Small Area FMR of $1,820 it would be $1,638 to $2,002. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Chapin, SC in?
Chapin, SC is in the Columbia, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,226.
How much did fair market rent change in Chapin, SC for FY 2027?
The two-bedroom FMR fell 3.2%, from $1,880 in FY 2026 to $1,820 in FY 2027. Since FY 2023 it has risen 23.0%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set