FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR- 29670
0.98ratio
FMR$1,140
Market$1,160
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 29670
1.04ratio
FMR$1,240
Market$1,190
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.04
3 BR
3 BR- 29670
0.90ratio
FMR$1,630
Market$1,810
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.90
4 BR
4 BR- 29670
0.78ratio
FMR$1,920
Market$2,470
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.78
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
--
Pendleton, SC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Pendleton, SC is $1,240 a month. That is down 5.3% from $1,310 in FY 2026. Pendleton is in the Anderson, 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 $1,102. The median county two-bedroom FMR in South Carolina is $1,098, so Pendleton is 13% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Pendleton, SC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,140
$1,090
−4.4%
$981–$1,199
1BR
$1,160
$1,140
−1.7%
$1,026–$1,254
2BR
$1,310
$1,240
−5.3%
$1,116–$1,364
3BR
$1,700
$1,630
−4.1%
$1,467–$1,793
4BR
$2,060
$1,920
−6.8%
$1,728–$2,112
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Pendleton, SC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,090
$1,140
$1,240
$1,630
$1,920
FY 2026
$1,140
$1,160
$1,310
$1,700
$2,060
FY 2025
$930
$970
$1,090
$1,360
$1,770
FY 2024
$920
$930
$1,150
$1,450
$1,930
FY 2023
$730
$790
$940
$1,180
$1,600
Questions about Pendleton, SC rents
How much will Section 8 pay for a two-bedroom in Pendleton, SC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,102, which applies unless the housing authority uses Small Area FMRs, that basic range is $992 to $1,212 a month; under the ZIP-level Small Area FMR of $1,240 it would be $1,116 to $1,364. 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 Pendleton, SC in?
Pendleton, SC is in the Anderson, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,102.
How much did fair market rent change in Pendleton, SC for FY 2027?
The two-bedroom FMR fell 5.3%, from $1,310 in FY 2026 to $1,240 in FY 2027. Since FY 2023 it has risen 31.9%.
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