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Lexington County/West Columbia/29169

29169

ZIPSAFMR
Lexington County, SC
Zillow

ZIP Investment Score

118Above average

095130300
BRFMR
Eff. Rent
0 BR$960$1,000
1 BR$1,090$1,120
2 BR$1,190$1,280
3 BR$1,500$1,650
4 BR$1,720$1,890
5 BR$1,978Not available
6 BR$2,275Not available
7 BR$2,616Not available
8 BR$3,008Not available

Purchase Price Calculator

Maximum purchase price
$128,291

Cost breakdown

+Likely effective rent$1,280
HUD FMR$1,190
Market rent$1,330
Est. payment standard (108%)Used$1,280
-Principal and interest-$649
Loan amount$102,633
Down payment$25,658
Rate6.50%
Term30 years
-Operating costs-$431
Property taxes-$128
Insurance-$175
Utilities$0
HOA$0
Management-$128
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,741(80.8% ROI)
Projected value
$138,155
Return breakdown
Property appreciation+$9,864
Loan principal paid down+$3,677
Rental cash flow+$7,200
5-year hold
+$35,416(138.0% ROI)
Projected value
$145,149
Return breakdown
Property appreciation+$16,858
Loan principal paid down+$6,557
Rental cash flow+$12,000
10-year hold
+$75,557(294.5% ROI)
Projected value
$164,223
Return breakdown
Property appreciation+$35,932
Loan principal paid down+$15,625
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.94
1 BR
0.96
2 BR
0.89
3 BR
0.83
4 BR
0.79
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 29169 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29169 (West Columbia, SC) is $1,190 a month. That is down 2.5% from $1,220 in FY 2026. West Columbia is in the Columbia, SC HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,226. Among 21 ZIP codes in Lexington County, 29169 has the 8th-highest two-bedroom rent (county range $1,000–$1,820). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29169 is 8% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29169
BedroomsFY 2027Change90–110% range
Studio$960−3.0%$864–$1,056
1BR$1,090−1.8%$981–$1,199
2BR$1,190−2.5%$1,071–$1,309
3BR$1,500−3.2%$1,350–$1,650
4BR$1,720−6.0%$1,548–$1,892

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29169
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$960$1,090$1,190$1,500$1,720
FY 2026$990$1,110$1,220$1,550$1,830
FY 2025$950$1,050$1,160$1,480$1,780
FY 2024$940$1,010$1,130$1,450$1,740
FY 2023$870$920$1,040$1,330$1,590

Two-bedroom rent in nearby Lexington County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29169
29073$1,150−3.4%
29075$1,150−3.4%
29112$1,150−3.4%
29123$1,150−3.4%
29160$1,150−3.4%
29169Current$1,190—
29170$1,150−3.4%
29171$1,180−0.8%
29172$1,150−3.4%
29210$1,290+8.4%
29212$1,430+20.2%
29214$1,220+2.5%

Questions about ZIP 29169 rents

How much will Section 8 pay for a two-bedroom in ZIP 29169?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,226, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,103 to $1,349 a month; under the ZIP-level Small Area FMR of $1,190 it would be $1,071 to $1,309. 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 29169 in?

ZIP 29169 is in the Columbia, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,226.

How much did fair market rent change in ZIP 29169 for FY 2027?

The two-bedroom FMR fell 2.5%, from $1,220 in FY 2026 to $1,190 in FY 2027. Since FY 2023 it has risen 14.4%.

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 Small Area Fair Market Rents and area FMRs. 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

County fair market rentWest Columbia, SC fair market rentSC statewide rentsWhat is SAFMR?Data sources