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Greenville County/Greenville/29617

29617

ZIPSAFMR
Greenville County, SC
Zillow

ZIP Investment Score

122Above average

095130300
BRFMR
Eff. Rent
0 BR$1,190$1,310
1 BR$1,240$1,130
2 BR$1,350$1,240
3 BR$1,610$1,770
4 BR$1,900$2,060
5 BR$2,185Not available
6 BR$2,513Not available
7 BR$2,890Not available
8 BR$3,323Not available

Purchase Price Calculator

Maximum purchase price
$122,347

Cost breakdown

+Likely effective rent$1,240
HUD FMR$1,350
Market rentUsed$1,240
Est. payment standard (95%)$1,280
-Principal and interest-$619
Loan amount$97,878
Down payment$24,469
Rate6.50%
Term30 years
-Operating costs-$421
Property taxes-$122
Insurance-$175
Utilities$0
HOA$0
Management-$124
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,114(82.2% ROI)
Projected value
$131,754
Return breakdown
Property appreciation+$9,407
Loan principal paid down+$3,507
Rental cash flow+$7,200
5-year hold
+$34,331(140.3% ROI)
Projected value
$138,424
Return breakdown
Property appreciation+$16,077
Loan principal paid down+$6,253
Rental cash flow+$12,000
10-year hold
+$73,168(299.0% ROI)
Projected value
$156,615
Return breakdown
Property appreciation+$34,268
Loan principal paid down+$14,901
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.84
1 BR
1.10
2 BR
1.09
3 BR
0.84
4 BR
0.89
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 29617 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29617 (Greenville, SC) is $1,350 a month. That is up 13.4% from $1,190 in FY 2026. Greenville is in the Greenville-Mauldin-Easley, 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 $1,507. Among 38 ZIP codes in Greenville County, 29617 is tied for the 25th-highest two-bedroom rent (county range $1,210–$2,180). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29617 is 23% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29617
BedroomsFY 2027Change90–110% range
Studio$1,190+14.4%$1,071–$1,309
1BR$1,240+13.8%$1,116–$1,364
2BR$1,350+13.4%$1,215–$1,485
3BR$1,610+11.8%$1,449–$1,771
4BR$1,900+9.8%$1,710–$2,090

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29617
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,190$1,240$1,350$1,610$1,900
FY 2026$1,040$1,090$1,190$1,440$1,730
FY 2025$1,000$1,040$1,150$1,410$1,680
FY 2024$900$940$1,050$1,310$1,560
FY 2023$750$810$910$1,170$1,430

Two-bedroom rent in nearby Greenville County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29617
29607$1,820+34.8%
29608$1,560+15.6%
29609$1,390+3.0%
29610$1,560+15.6%
29611$1,420+5.2%
29612$1,560+15.6%
29613$1,360+0.7%
29614$1,550+14.8%
29615$1,700+25.9%
29616$1,560+15.6%
29617Current$1,350—
29627$1,210−10.4%

Questions about ZIP 29617 rents

How much will Section 8 pay for a two-bedroom in ZIP 29617?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,507, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,356 to $1,658 a month; under the ZIP-level Small Area FMR of $1,350 it would be $1,215 to $1,485. 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 29617 in?

ZIP 29617 is in the Greenville-Mauldin-Easley, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,507.

How much did fair market rent change in ZIP 29617 for FY 2027?

The two-bedroom FMR rose 13.4%, from $1,190 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has risen 48.4%.

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