FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR
1.19ratio
FMR$2,124
Market$1,780
vs market+$344
FMR is above market; underwrite to market rent.
1.19
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 29632 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 29632 (Clemson, SC) is $1,507 a month. That is up 12.5% from $1,339 in FY 2026. Clemson is in the Greenville-Mauldin-Easley, SC HUD Metro FMR Area. The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29632 is 37% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 29632
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,166
$1,329
+14.0%
$1,196–$1,462
1BR
$1,221
$1,384
+13.3%
$1,246–$1,522
2BR
$1,339
$1,507
+12.5%
$1,356–$1,658
3BR
$1,612
$1,801
+11.7%
$1,621–$1,981
4BR
$1,943
$2,124
+9.3%
$1,912–$2,336
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 29632
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,329
$1,384
$1,507
$1,801
$2,124
FY 2026
$1,166
$1,221
$1,339
$1,612
$1,943
FY 2025
$1,136
$1,180
$1,306
$1,599
$1,911
FY 2024
$1,032
$1,074
$1,206
$1,500
$1,797
FY 2023
$865
$931
$1,051
$1,344
$1,628
Questions about ZIP 29632 rents
How much will Section 8 pay for a two-bedroom in ZIP 29632?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,507, that basic range is $1,356 to $1,658 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 29632 in?
ZIP 29632 is in the Greenville-Mauldin-Easley, SC HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 29632 for FY 2027?
The two-bedroom FMR rose 12.5%, from $1,339 in FY 2026 to $1,507 in FY 2027. Since FY 2023 it has risen 43.4%.
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 Fair Market Rents. 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