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SC/Aiken County/Gloverville

Gloverville, SC

CitySAFMR
Aiken County
Found 1 ZIP

City Median Investment Score

123Above average

095130300
BRFMR
Eff. Rent
0 BR$840$890
1 BR$1,010$1,050
2 BR$1,120$1,190
3 BR$1,440$1,580
4 BR$1,760$1,940
5 BR$2,024Not available
6 BR$2,328Not available
7 BR$2,677Not available
8 BR$3,078Not available

Purchase Price Calculator

Maximum purchase price
$114,917

Cost breakdown

+Likely effective rent$1,190
HUD FMR$1,120
Market rent$1,230
Est. payment standard (106%)Used$1,190
-Principal and interest-$581
Loan amount$91,934
Down payment$22,983
Rate6.50%
Term30 years
-Operating costs-$409
Property taxes-$115
Insurance-$175
Utilities$0
HOA$0
Management-$119
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,330(84.1% ROI)
Projected value
$123,753
Return breakdown
Property appreciation+$8,836
Loan principal paid down+$3,294
Rental cash flow+$7,200
5-year hold
+$32,975(143.5% ROI)
Projected value
$130,018
Return breakdown
Property appreciation+$15,101
Loan principal paid down+$5,874
Rental cash flow+$12,000
10-year hold
+$70,182(305.4% ROI)
Projected value
$147,103
Return breakdown
Property appreciation+$32,186
Loan principal paid down+$13,996
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.91
1 BR
0.94
2 BR
0.91
3 BR
0.75
4 BR
0.80
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Gloverville, SC fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gloverville, SC is $1,120 a month. That is down 9.7% from $1,240 in FY 2026. Gloverville is in the Augusta-Richmond County, GA-SC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in South Carolina is $1,098, so Gloverville is 2% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Gloverville, SC
BedroomsFY 2027Change90–110% range
Studio$840−8.7%$756–$924
1BR$1,010−7.3%$909–$1,111
2BR$1,120−9.7%$1,008–$1,232
3BR$1,440−10.0%$1,296–$1,584
4BR$1,760−9.7%$1,584–$1,936

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Gloverville, SC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$840$1,010$1,120$1,440$1,760
FY 2026$920$1,090$1,240$1,600$1,950
FY 2025$840$1,010$1,140$1,500$1,830
FY 2024$740$890$1,020$1,350$1,640
FY 2023$620$720$820$1,110$1,380

Questions about Gloverville, SC rents

How much will Section 8 pay for a two-bedroom in Gloverville, SC?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,120, that basic range is $1,008 to $1,232 a month. 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 Gloverville, SC in?

Gloverville, SC is in the Augusta-Richmond County, GA-SC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Gloverville, SC for FY 2027?

The two-bedroom FMR fell 9.7%, from $1,240 in FY 2026 to $1,120 in FY 2027. Since FY 2023 it has risen 36.6%.

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