FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR
0.97ratio
FMR$1,010
Market$1,040
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.97
2 BR
2 BR
0.76ratio
FMR$1,100
Market$1,440
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR
0.91ratio
FMR$1,440
Market$1,580
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR
1.02ratio
FMR$1,700
Market$1,660
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.02
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 29622 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29622 (Anderson, SC) is $1,100 a month. That is down 6.0% from $1,170 in FY 2026. Anderson is in the Anderson, 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 $1,102. Among 23 ZIP codes in Anderson County, 29622 is tied for the 13th-highest two-bedroom rent (county range $1,060–$1,420).
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 29622
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,020
$970
−4.9%
$873–$1,067
1BR
$1,030
$1,010
−1.9%
$909–$1,111
2BR
$1,170
$1,100
−6.0%
$990–$1,210
3BR
$1,520
$1,440
−5.3%
$1,296–$1,584
4BR
$1,840
$1,700
−7.6%
$1,530–$1,870
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 29622
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$970
$1,010
$1,100
$1,440
$1,700
FY 2026
$1,020
$1,030
$1,170
$1,520
$1,840
FY 2025
$790
$790
$950
$1,210
$1,590
FY 2024
$830
$840
$1,040
$1,310
$1,750
FY 2023
$690
$710
$890
$1,120
$1,520
Two-bedroom rent in nearby Anderson County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 29622?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,102, which applies unless the housing authority uses Small Area FMRs, that basic range is $992 to $1,212 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 29622 in?
ZIP 29622 is in the Anderson, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,102.
How much did fair market rent change in ZIP 29622 for FY 2027?
The two-bedroom FMR fell 6.0%, from $1,170 in FY 2026 to $1,100 in FY 2027. Since FY 2023 it has risen 23.6%.
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