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Rion, SC

CityFMR
Fairfield County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$992$992
1 BR$1,126$1,126
2 BR$1,226$1,226
3 BR$1,546$1,546
4 BR$1,754$1,754
5 BR$2,017Not available
6 BR$2,320Not available
7 BR$2,668Not available
8 BR$3,068Not available

Purchase Price Calculator

Maximum purchase price
$120,267

Cost breakdown

+Likely effective rent$1,226
HUD FMRUsed$1,226
Market rentN/A
Est. payment standardN/A
-Principal and interest-$608
Loan amount$96,213
Down payment$24,053
Rate6.50%
Term30 years
-Operating costs-$418
Property taxes-$120
Insurance-$175
Utilities$0
HOA$0
Management-$123
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,894(82.7% ROI)
Projected value
$129,514
Return breakdown
Property appreciation+$9,247
Loan principal paid down+$3,447
Rental cash flow+$7,200
5-year hold
+$33,951(141.1% ROI)
Projected value
$136,071
Return breakdown
Property appreciation+$15,804
Loan principal paid down+$6,147
Rental cash flow+$12,000
10-year hold
+$72,332(300.7% ROI)
Projected value
$153,951
Return breakdown
Property appreciation+$33,685
Loan principal paid down+$14,647
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Rion, SC fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Rion, SC is $1,226 a month. That is down 3.9% from $1,276 in FY 2026. Rion is in the Columbia, SC HUD Metro FMR Area. The median county two-bedroom FMR in South Carolina is $1,098, so Rion is 12% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Rion, SC
BedroomsFY 2027Change90–110% range
Studio$992−3.9%$893–$1,091
1BR$1,126−3.3%$1,013–$1,239
2BR$1,226−3.9%$1,103–$1,349
3BR$1,546−4.7%$1,391–$1,701
4BR$1,754−8.2%$1,579–$1,929

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Rion, SC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$992$1,126$1,226$1,546$1,754
FY 2026$1,032$1,164$1,276$1,623$1,911
FY 2025$1,063$1,172$1,298$1,656$1,991
FY 2024$1,036$1,110$1,246$1,595$1,917
FY 2023$944$996$1,125$1,442$1,724

Questions about Rion, SC rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,226, that basic range is $1,103 to $1,349 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 Rion, SC in?

Rion, SC is in the Columbia, SC HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

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

The two-bedroom FMR fell 3.9%, from $1,276 in FY 2026 to $1,226 in FY 2027. Since FY 2023 it has risen 9.0%.

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 Fair Market Rents. 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