FMR is below market; voucher rent may lag private rents.
0.78
1 BR
1 BR- 29365
1.03ratio
FMR$1,280
Market$1,240
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR- 29365
1.07ratio
FMR$1,390
Market$1,300
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.07
3 BR
3 BR- 29365
0.98ratio
FMR$1,690
Market$1,720
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.98
4 BR
4 BR- 29365
0.99ratio
FMR$2,000
Market$2,030
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.99
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
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Lyman, SC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lyman, SC is $1,390 a month. That is down 6.1% from $1,480 in FY 2026. Lyman is in the Spartanburg, 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 $1,196. The median county two-bedroom FMR in South Carolina is $1,098, so Lyman is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lyman, SC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,290
$1,230
−4.7%
$1,107–$1,353
1BR
$1,350
$1,280
−5.2%
$1,152–$1,408
2BR
$1,480
$1,390
−6.1%
$1,251–$1,529
3BR
$1,790
$1,690
−5.6%
$1,521–$1,859
4BR
$2,070
$2,000
−3.4%
$1,800–$2,200
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lyman, SC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,230
$1,280
$1,390
$1,690
$2,000
FY 2026
$1,290
$1,350
$1,480
$1,790
$2,070
FY 2025
$1,320
$1,370
$1,520
$1,870
$2,050
FY 2024
$1,200
$1,250
$1,400
$1,780
$1,880
FY 2023
$950
$980
$1,110
$1,440
$1,490
Questions about Lyman, SC rents
How much will Section 8 pay for a two-bedroom in Lyman, SC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,196, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,076 to $1,316 a month; under the ZIP-level Small Area FMR of $1,390 it would be $1,251 to $1,529. 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 Lyman, SC in?
Lyman, SC is in the Spartanburg, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,196.
How much did fair market rent change in Lyman, SC for FY 2027?
The two-bedroom FMR fell 6.1%, from $1,480 in FY 2026 to $1,390 in FY 2027. Since FY 2023 it has risen 25.2%.
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