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White Stone, SC

CityFMR
Spartanburg County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,055$1,100
1 BR$1,099$950
2 BR$1,196$1,320
3 BR$1,457$1,600
4 BR$1,722$1,890
5 BR$1,980Not available
6 BR$2,277Not available
7 BR$2,619Not available
8 BR$3,012Not available

Purchase Price Calculator

Maximum purchase price
$134,235

Cost breakdown

+Likely effective rent$1,320
HUD FMR$1,196
Market rent$1,460
Est. payment standard (110%)Used$1,320
-Principal and interest-$679
Loan amount$107,388
Down payment$26,847
Rate6.50%
Term30 years
-Operating costs-$441
Property taxes-$134
Insurance-$175
Utilities$0
HOA$0
Management-$132
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,369(79.6% ROI)
Projected value
$144,556
Return breakdown
Property appreciation+$10,321
Loan principal paid down+$3,847
Rental cash flow+$7,200
5-year hold
+$36,501(136.0% ROI)
Projected value
$151,875
Return breakdown
Property appreciation+$17,640
Loan principal paid down+$6,861
Rental cash flow+$12,000
10-year hold
+$77,946(290.3% ROI)
Projected value
$171,832
Return breakdown
Property appreciation+$37,597
Loan principal paid down+$16,349
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.94
1 BR
1.16
2 BR
0.82
3 BR
0.85
4 BR
0.82
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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White Stone, SC fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in White Stone, SC is $1,196 a month. That is up 0.8% from $1,187 in FY 2026. White Stone is in the Spartanburg, SC HUD Metro FMR Area. The median county two-bedroom FMR in South Carolina is $1,098, so White Stone is 9% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for White Stone, SC
BedroomsFY 2027Change90–110% range
Studio$1,055+2.0%$950–$1,161
1BR$1,099+1.5%$989–$1,209
2BR$1,196+0.8%$1,076–$1,316
3BR$1,457+1.3%$1,311–$1,603
4BR$1,722+3.7%$1,550–$1,894

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for White Stone, SC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,055$1,099$1,196$1,457$1,722
FY 2026$1,034$1,083$1,187$1,439$1,661
FY 2025$1,053$1,094$1,211$1,493$1,631
FY 2024$976$1,016$1,141$1,450$1,536
FY 2023$830$854$965$1,254$1,296

Questions about White Stone, SC rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,196, that basic range is $1,076 to $1,316 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 White Stone, SC in?

White Stone, SC is in the Spartanburg, SC HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

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

The two-bedroom FMR rose 0.8%, from $1,187 in FY 2026 to $1,196 in FY 2027. Since FY 2023 it has risen 23.9%.

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