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29633

ZIPSAFMR
Pickens County, SC
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,080$1,120
1 BR$1,120$1,160
2 BR$1,220$1,120
3 BR$1,460$1,610
4 BR$1,750$1,770
5 BR$2,012Not available
6 BR$2,314Not available
7 BR$2,662Not available
8 BR$3,061Not available

Purchase Price Calculator

Maximum purchase price
$104,515

Cost breakdown

+Likely effective rent$1,120
HUD FMR$1,220
Market rentUsed$1,120
Est. payment standard (95%)$1,160
-Principal and interest-$528
Loan amount$83,612
Down payment$20,903
Rate6.50%
Term30 years
-Operating costs-$392
Property taxes-$105
Insurance-$175
Utilities$0
HOA$0
Management-$112
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,232(87.2% ROI)
Projected value
$112,551
Return breakdown
Property appreciation+$8,036
Loan principal paid down+$2,996
Rental cash flow+$7,200
5-year hold
+$31,076(148.7% ROI)
Projected value
$118,249
Return breakdown
Property appreciation+$13,734
Loan principal paid down+$5,342
Rental cash flow+$12,000
10-year hold
+$66,002(315.8% ROI)
Projected value
$133,788
Return breakdown
Property appreciation+$29,273
Loan principal paid down+$12,729
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.95
1 BR
0.95
2 BR
1.09
3 BR
0.86
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 29633 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29633 (Clemson, SC) is $1,220 a month. That is up 3.4% from $1,180 in FY 2026. Clemson 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 16 ZIP codes in Pickens County, 29633 is tied for the 6th-highest two-bedroom rent (county range $1,210–$1,420). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29633 is 11% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29633
BedroomsFY 2027Change90–110% range
Studio$1,080+4.9%$972–$1,188
1BR$1,120+4.7%$1,008–$1,232
2BR$1,220+3.4%$1,098–$1,342
3BR$1,460+1.4%$1,314–$1,606
4BR$1,750+1.7%$1,575–$1,925

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29633
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,080$1,120$1,220$1,460$1,750
FY 2026$1,030$1,070$1,180$1,440$1,720
FY 2025$960$990$1,100$1,350$1,620
FY 2024$880$920$1,030$1,280$1,530
FY 2023$750$810$910$1,170$1,430

Two-bedroom rent in nearby Pickens County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29633
29611$1,420+16.4%
29630$1,210−0.8%
29631$1,290+5.7%
29633Current$1,220—
29634$1,210−0.8%
29635$1,230+0.8%
29640$1,270+4.1%
29641$1,2200.0%
29642$1,210−0.8%
29657$1,210−0.8%
29661$1,210−0.8%
29667$1,210−0.8%

Questions about ZIP 29633 rents

How much will Section 8 pay for a two-bedroom in ZIP 29633?

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 $1,220 it would be $1,098 to $1,342. 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 29633 in?

ZIP 29633 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 29633 for FY 2027?

The two-bedroom FMR rose 3.4%, from $1,180 in FY 2026 to $1,220 in FY 2027. Since FY 2023 it has risen 34.1%.

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