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Lugoff, SC

CitySAFMR
Richland County
Found 1 ZIP

City Median Investment Score

109Above average

095130300
BRFMR
Eff. Rent
0 BR$930$1,020
1 BR$1,050$1,160
2 BR$1,150$1,270
3 BR$1,470$1,620
4 BR$1,720$1,790
5 BR$1,978Not available
6 BR$2,275Not available
7 BR$2,616Not available
8 BR$3,008Not available

Purchase Price Calculator

Maximum purchase price
$126,805

Cost breakdown

+Likely effective rent$1,270
HUD FMR$1,150
Market rent$1,570
Est. payment standard (110%)Used$1,270
-Principal and interest-$641
Loan amount$101,444
Down payment$25,361
Rate6.50%
Term30 years
-Operating costs-$429
Property taxes-$127
Insurance-$175
Utilities$0
HOA$0
Management-$127
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,585(81.2% ROI)
Projected value
$136,555
Return breakdown
Property appreciation+$9,750
Loan principal paid down+$3,634
Rental cash flow+$7,200
5-year hold
+$35,144(138.6% ROI)
Projected value
$143,468
Return breakdown
Property appreciation+$16,663
Loan principal paid down+$6,481
Rental cash flow+$12,000
10-year hold
+$74,960(295.6% ROI)
Projected value
$162,321
Return breakdown
Property appreciation+$35,516
Loan principal paid down+$15,444
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.63
1 BR
0.70
2 BR
0.73
3 BR
0.82
4 BR
0.95
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Lugoff, SC fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lugoff, SC is $1,150 a month. That is down 1.7% from $1,170 in FY 2026. Lugoff 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 Lugoff is 5% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lugoff, SC
BedroomsFY 2027Change90–110% range
Studio$930−3.1%$837–$1,023
1BR$1,050−0.9%$945–$1,155
2BR$1,150−1.7%$1,035–$1,265
3BR$1,470−2.0%$1,323–$1,617
4BR$1,720−4.4%$1,548–$1,892

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lugoff, SC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$930$1,050$1,150$1,470$1,720
FY 2026$960$1,060$1,170$1,500$1,800
FY 2025$940$1,000$1,130$1,440$1,730
FY 2024$850$900$1,020$1,300$1,560
FY 2023$760$790$900$1,150$1,380

Questions about Lugoff, SC rents

How much will Section 8 pay for a two-bedroom in Lugoff, 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 $1,150 it would be $1,035 to $1,265. 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 Lugoff, SC in?

Lugoff, 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 Lugoff, SC for FY 2027?

The two-bedroom FMR fell 1.7%, from $1,170 in FY 2026 to $1,150 in FY 2027. Since FY 2023 it has risen 27.8%.

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