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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ZIP 29370 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29370 (Mountville, SC) is $1,100 a month. That is down 0.9% from $1,110 in FY 2026. Mountville is in the Newberry County, SC non-metropolitan 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 county-wide two-bedroom FMR of $933. Among 13 ZIP codes in Newberry County, 29370 has the 7th-highest two-bedroom rent (county range $930–$1,820).
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 29370
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$850
$860
+1.2%
$774–$946
1BR
$860
$910
+5.8%
$819–$1,001
2BR
$1,110
$1,100
−0.9%
$990–$1,210
3BR
$1,340
$1,310
−2.2%
$1,179–$1,441
4BR
$1,600
$1,540
−3.7%
$1,386–$1,694
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 29370
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$860
$910
$1,100
$1,310
$1,540
FY 2026
$850
$860
$1,110
$1,340
$1,600
FY 2025
$710
$710
$940
$1,140
$1,320
FY 2024
$730
$730
$970
$1,170
$1,290
FY 2023
$710
$710
$930
$1,170
$1,260
Two-bedroom rent in nearby Newberry County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 29370?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $933, which applies unless the housing authority uses Small Area FMRs, that basic range is $840 to $1,026 a month; under the ZIP-level Small Area FMR of $1,100 it would be $990 to $1,210. 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 29370 in?
ZIP 29370 is in the Newberry County, SC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $933.
How much did fair market rent change in ZIP 29370 for FY 2027?
The two-bedroom FMR fell 0.9%, from $1,110 in FY 2026 to $1,100 in FY 2027. Since FY 2023 it has risen 18.3%.
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