Skip to main content
Loading page
Spartanburg County/Roebuck/29376

29376

ZIPSAFMR
Spartanburg County, SC
Zillow

ZIP Investment Score

98Above average

095130300
BRFMR
Eff. Rent
0 BR$960$1,060
1 BR$1,000$1,100
2 BR$1,090$1,200
3 BR$1,330$1,460
4 BR$1,570$1,730
5 BR$1,805Not available
6 BR$2,076Not available
7 BR$2,388Not available
8 BR$2,746Not available

Purchase Price Calculator

Maximum purchase price
$116,403

Cost breakdown

+Likely effective rent$1,200
HUD FMR$1,090
Market rent$1,590
Est. payment standard (110%)Used$1,200
-Principal and interest-$589
Loan amount$93,122
Down payment$23,281
Rate6.50%
Term30 years
-Operating costs-$411
Property taxes-$116
Insurance-$175
Utilities$0
HOA$0
Management-$120
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,487(83.7% ROI)
Projected value
$125,353
Return breakdown
Property appreciation+$8,950
Loan principal paid down+$3,336
Rental cash flow+$7,200
5-year hold
+$33,246(142.8% ROI)
Projected value
$131,699
Return breakdown
Property appreciation+$15,296
Loan principal paid down+$5,950
Rental cash flow+$12,000
10-year hold
+$70,780(304.0% ROI)
Projected value
$149,006
Return breakdown
Property appreciation+$32,603
Loan principal paid down+$14,177
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.64
1 BR
0.66
2 BR
0.69
3 BR
0.77
4 BR
0.77
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 29376 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29376 (Roebuck, SC) is $1,090 a month. That is down 6.0% from $1,160 in FY 2026. Roebuck is in the Spartanburg, 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 $1,196. Among 39 ZIP codes in Spartanburg County, 29376 has the 29th-highest two-bedroom rent (county range $1,070–$1,790).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29376
BedroomsFY 2027Change90–110% range
Studio$960−5.0%$864–$1,056
1BR$1,000−5.7%$900–$1,100
2BR$1,090−6.0%$981–$1,199
3BR$1,330−5.7%$1,197–$1,463
4BR$1,570−3.1%$1,413–$1,727

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29376
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$960$1,000$1,090$1,330$1,570
FY 2026$1,010$1,060$1,160$1,410$1,620
FY 2025$1,070$1,110$1,230$1,520$1,660
FY 2024$1,030$1,070$1,200$1,520$1,610
FY 2023$870$890$1,010$1,310$1,360

Two-bedroom rent in nearby Spartanburg County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29376
29365$1,390+27.5%
29368$1,070−1.8%
29369$1,650+51.4%
29372$1,070−1.8%
29373$1,070−1.8%
29374$1,070−1.8%
29375$1,100+0.9%
29376Current$1,090—
29377$1,070−1.8%
29378$1,080−0.9%
29385$1,190+9.2%
29388$1,070−1.8%

Questions about ZIP 29376 rents

How much will Section 8 pay for a two-bedroom in ZIP 29376?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,196, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,076 to $1,316 a month; under the ZIP-level Small Area FMR of $1,090 it would be $981 to $1,199. 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 29376 in?

ZIP 29376 is in the Spartanburg, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,196.

How much did fair market rent change in ZIP 29376 for FY 2027?

The two-bedroom FMR fell 6.0%, from $1,160 in FY 2026 to $1,090 in FY 2027. Since FY 2023 it has risen 7.9%.

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 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 rentRoebuck, SC fair market rentSC statewide rentsWhat is SAFMR?Data sources