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SC/Berkeley County/Russellville

Russellville, SC

CityFMR
Berkeley County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,661$1,661
1 BR$1,731$1,731
2 BR$1,884$1,884
3 BR$2,336$2,336
4 BR$2,687$2,687
5 BR$3,090Not available
6 BR$3,554Not available
7 BR$4,087Not available
8 BR$4,700Not available

Purchase Price Calculator

Maximum purchase price
$218,045

Cost breakdown

+Likely effective rent$1,884
HUD FMRUsed$1,884
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,103
Loan amount$174,436
Down payment$43,609
Rate6.50%
Term30 years
-Operating costs-$581
Property taxes-$218
Insurance-$175
Utilities$0
HOA$0
Management-$188
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,215(69.3% ROI)
Projected value
$234,811
Return breakdown
Property appreciation+$16,766
Loan principal paid down+$6,250
Rental cash flow+$7,200
5-year hold
+$51,798(118.8% ROI)
Projected value
$246,698
Return breakdown
Property appreciation+$28,653
Loan principal paid down+$11,145
Rental cash flow+$12,000
10-year hold
+$111,627(256.0% ROI)
Projected value
$279,116
Return breakdown
Property appreciation+$61,071
Loan principal paid down+$26,556
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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Russellville, SC fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Russellville, SC is $1,884 a month. That is up 5.4% from $1,787 in FY 2026. Russellville is in the Charleston-North Charleston, SC MSA, 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 Russellville is 72% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Russellville, SC
BedroomsFY 2027Change90–110% range
Studio$1,661+6.7%$1,495–$1,827
1BR$1,731+6.2%$1,558–$1,904
2BR$1,884+5.4%$1,696–$2,072
3BR$2,336+5.1%$2,102–$2,570
4BR$2,687+4.9%$2,418–$2,956

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Russellville, SC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,661$1,731$1,884$2,336$2,687
FY 2026$1,557$1,630$1,787$2,222$2,562
FY 2025$1,583$1,644$1,820$2,255$2,653
FY 2024$1,386$1,424$1,599$1,979$2,402
FY 2023$1,328$1,357$1,533$1,906$2,397

Questions about Russellville, SC rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,884, that basic range is $1,696 to $2,072 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 Russellville, SC in?

Russellville, SC is in the Charleston-North Charleston, SC MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR rose 5.4%, from $1,787 in FY 2026 to $1,884 in FY 2027. Since FY 2023 it has risen 22.9%.

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 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