29640
ZIPSAFMR
Pickens County, SC
BRFMR
Eff. Rent
0 BR$1,030$1,050
1 BR$1,070$1,150
2 BR$1,180$1,250
3 BR$1,440$1,580
4 BR$1,720$1,880
5 BR$1,978
6 BR$2,275
7 BR$2,616
8 BR$3,008

Purchase Price Calculator

Maximum purchase price
$123,833

Cost breakdown

+Likely effective rent$1,250
HUD FMR$1,180
Market rent$1,280
Est. payment standard (106%)Used$1,250
Estimated payment standard is $1,250 (106% of FMR).
-Principal and interest-$626
Loan amount$99,066
Down payment$24,767
Rate6.50%
Term30 years
-Operating costs-$424
Property taxes-$124
Insurance-$175
Utilities$0
HOA$0
Management-$125
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,271(81.8% ROI)
Projected value
$133,355
Current value$123,833
Return breakdown
Property appreciation+$9,522
Loan principal paid down+$3,549
Rental cash flow+$7,200
5-year hold
+$34,602(139.7% ROI)
Projected value
$140,106
Current value$123,833
Return breakdown
Property appreciation+$16,273
Loan principal paid down+$6,329
Rental cash flow+$12,000
10-year hold
+$73,765(297.8% ROI)
Projected value
$158,517
Current value$123,833
Return breakdown
Property appreciation+$34,684
Loan principal paid down+$15,082
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.97ratio
FMR$1,030
Market$1,060
vs market-$30

FMR is near market; voucher and private rents are aligned.

90% standard$927 / 0.87 ratio110% standard$1,133 / 1.07 ratio
0.97
1 BR
1 BR
0.90ratio
FMR$1,070
Market$1,190
vs market-$120

FMR is below market; voucher rent may lag private rents.

90% standard$963 / 0.81 ratio110% standard$1,177 / 0.99 ratio
0.90
2 BR
2 BR
0.92ratio
FMR$1,180
Market$1,280
vs market-$100

FMR is near market; voucher and private rents are aligned.

90% standard$1,062 / 0.83 ratio110% standard$1,298 / 1.01 ratio
0.92
3 BR
3 BR
0.84ratio
FMR$1,440
Market$1,710
vs market-$270

FMR is below market; voucher rent may lag private rents.

90% standard$1,296 / 0.76 ratio110% standard$1,584 / 0.93 ratio
0.84
4 BR
4 BR
0.88ratio
FMR$1,720
Market$1,960
vs market-$240

FMR is below market; voucher rent may lag private rents.

90% standard$1,548 / 0.79 ratio110% standard$1,892 / 0.97 ratio
0.88
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 29640 (SC) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

29640 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 29640 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,180 and the 4 bedroom fair market rent is $1,720.

Use this page for searches like 29640 FMR, 29640 fair market rent, and 29640 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 29640
Bedroom sizeHUD FMR
Studio$1,030
1 bedroom$1,070
2 bedroom$1,180
3 bedroom$1,440
4 bedroom$1,720