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SC/Richland County/State Park

State Park, SC

CityFMR
Richland County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$992$1,030
1 BR$1,126$1,160
2 BR$1,226$1,220
3 BR$1,546$1,700
4 BR$1,754$1,930
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
$119,375

Cost breakdown

+Likely effective rent$1,220
HUD FMR$1,226
Market rentUsed$1,220
Est. payment standard (100%)$1,220
-Principal and interest-$604
Loan amount$95,500
Down payment$23,875
Rate6.50%
Term30 years
-Operating costs-$416
Property taxes-$119
Insurance-$175
Utilities$0
HOA$0
Management-$122
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,800(82.9% ROI)
Projected value
$128,554
Return breakdown
Property appreciation+$9,179
Loan principal paid down+$3,422
Rental cash flow+$7,200
5-year hold
+$33,788(141.5% ROI)
Projected value
$135,062
Return breakdown
Property appreciation+$15,687
Loan principal paid down+$6,102
Rental cash flow+$12,000
10-year hold
+$71,974(301.5% ROI)
Projected value
$152,810
Return breakdown
Property appreciation+$33,435
Loan principal paid down+$14,539
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.94
1 BR
0.95
2 BR
1.00
3 BR
0.86
4 BR
0.85
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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State Park, SC fair market rent, FY 2027

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

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for State Park, 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 State Park, 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 2025SAFMR$1,100$1,210$1,340$1,710$2,050
FY 2024SAFMR$1,070$1,150$1,290$1,650$1,980
FY 2023SAFMR$970$1,030$1,160$1,490$1,780

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about State Park, SC rents

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

State Park, 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 State Park, SC for FY 2027?

The two-bedroom FMR fell 3.9%, from $1,276 in FY 2026 to $1,226 in FY 2027.

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