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29453

ZIPSAFMR
Charleston County, SC

ZIP Investment Score

116Above average

095130300
BRFMR
Eff. Rent
0 BR$1,380$1,380
1 BR$1,440$1,440
2 BR$1,570$1,570
3 BR$1,950$1,950
4 BR$2,240$2,240
5 BR$2,576Not available
6 BR$2,962Not available
7 BR$3,407Not available
8 BR$3,918Not available

Purchase Price Calculator

Maximum purchase price
$171,385

Cost breakdown

+Likely effective rent$1,570
HUD FMRUsed$1,570
Market rentN/A
Est. payment standardN/A
-Principal and interest-$867
Loan amount$137,108
Down payment$34,277
Rate6.50%
Term30 years
-Operating costs-$503
Property taxes-$171
Insurance-$175
Utilities$0
HOA$0
Management-$157
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,290(73.8% ROI)
Projected value
$184,563
Return breakdown
Property appreciation+$13,178
Loan principal paid down+$4,912
Rental cash flow+$7,200
5-year hold
+$43,281(126.3% ROI)
Projected value
$193,906
Return breakdown
Property appreciation+$22,521
Loan principal paid down+$8,760
Rental cash flow+$12,000
10-year hold
+$92,875(271.0% ROI)
Projected value
$219,387
Return breakdown
Property appreciation+$48,002
Loan principal paid down+$20,873
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

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
--
Mortgage rate
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ZIP 29453 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29453 (Jamestown, SC) is $1,570 a month. That is up 9.8% from $1,430 in FY 2026. Jamestown is in the Charleston-North Charleston, SC MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 42 ZIP codes in Charleston County, 29453 has the 39th-highest two-bedroom rent (county range $1,220–$2,830). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29453 is 43% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29453
BedroomsFY 2027Change90–110% range
Studio$1,380+10.4%$1,242–$1,518
1BR$1,440+10.8%$1,296–$1,584
2BR$1,570+9.8%$1,413–$1,727
3BR$1,950+9.6%$1,755–$2,145
4BR$2,240+9.3%$2,016–$2,464

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29453
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,380$1,440$1,570$1,950$2,240
FY 2026$1,250$1,300$1,430$1,780$2,050
FY 2025$1,250$1,290$1,440$1,790$2,170
FY 2024$1,200$1,230$1,380$1,720$2,160
FY 2023$1,070$1,090$1,240$1,550$1,990

Two-bedroom rent in nearby Charleston County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29453
29439$2,500+59.2%
29449$1,520−3.2%
29450$2,140+36.3%
29451$2,830+80.3%
29453Current$1,570—
29455$1,860+18.5%
29456$1,890+20.4%
29457$1,910+21.7%
29458$1,920+22.3%
29464$2,430+54.8%
29465$1,910+21.7%
29466$2,770+76.4%

Questions about ZIP 29453 rents

How much will Section 8 pay for a two-bedroom in ZIP 29453?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,570, that basic range is $1,413 to $1,727 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 29453 in?

ZIP 29453 is in the Charleston-North Charleston, SC MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 29453 for FY 2027?

The two-bedroom FMR rose 9.8%, from $1,430 in FY 2026 to $1,570 in FY 2027. Since FY 2023 it has risen 26.6%.

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