FMR is near market; voucher and private rents are aligned.
0.94
1 BR
1 BR
0.95ratio
FMR$1,126
Market$1,180
vs market-$54
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR
1.00ratio
FMR$1,226
Market$1,220
vs market+$6
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR
0.86ratio
FMR$1,546
Market$1,800
vs market-$254
FMR is below market; voucher rent may lag private rents.
0.86
4 BR
4 BR
0.85ratio
FMR$1,754
Market$2,070
vs market-$316
FMR is below market; voucher rent may lag private rents.
0.85
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
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ZIP 29147 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 29147 (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 ZIP 29147 is 12% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 29147
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,032
$992
−3.9%
$893–$1,091
1BR
$1,164
$1,126
−3.3%
$1,013–$1,239
2BR
$1,276
$1,226
−3.9%
$1,103–$1,349
3BR
$1,623
$1,546
−4.7%
$1,391–$1,701
4BR
$1,911
$1,754
−8.2%
$1,579–$1,929
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 29147
Fiscal year
Studio
1BR
2BR
3BR
4BR
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 ZIP 29147 rents
How much will Section 8 pay for a two-bedroom in ZIP 29147?
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 ZIP 29147 in?
ZIP 29147 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 ZIP 29147 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