29644
ZIPSAFMR
Spartanburg County, SC
BRFMR
Eff. Rent
0 BR$1,050$1,160
1 BR$1,080$1,190
2 BR$1,270$1,350
3 BR$1,530$1,680
4 BR$1,830$2,010
5 BR$2,105
6 BR$2,420
7 BR$2,783
8 BR$3,201

Purchase Price Calculator

Maximum purchase price
$138,693

Cost breakdown

+Likely effective rent$1,350
HUD FMR$1,270
Market rent$1,390
Est. payment standard (106%)Used$1,350
Estimated payment standard is $1,350 (106% of FMR).
-Principal and interest-$701
Loan amount$110,954
Down payment$27,739
Rate6.50%
Term30 years
-Operating costs-$449
Property taxes-$139
Insurance-$175
Utilities$0
HOA$0
Management-$135
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,839(78.7% ROI)
Projected value
$149,357
Current value$138,693
Return breakdown
Property appreciation+$10,664
Loan principal paid down+$3,975
Rental cash flow+$7,200
5-year hold
+$37,314(134.5% ROI)
Projected value
$156,918
Current value$138,693
Return breakdown
Property appreciation+$18,225
Loan principal paid down+$7,089
Rental cash flow+$12,000
10-year hold
+$79,737(287.5% ROI)
Projected value
$177,539
Current value$138,693
Return breakdown
Property appreciation+$38,846
Loan principal paid down+$16,892
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
0.60ratio
FMR$1,050
Market$1,750
vs market-$700

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

90% standard$945 / 0.54 ratio110% standard$1,155 / 0.66 ratio
0.60
1 BR
1 BR
0.81ratio
FMR$1,080
Market$1,330
vs market-$250

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

90% standard$972 / 0.73 ratio110% standard$1,188 / 0.89 ratio
0.81
2 BR
2 BR
0.91ratio
FMR$1,270
Market$1,390
vs market-$120

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

90% standard$1,143 / 0.82 ratio110% standard$1,397 / 1.01 ratio
0.91
3 BR
3 BR
0.82ratio
FMR$1,530
Market$1,870
vs market-$340

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

90% standard$1,377 / 0.74 ratio110% standard$1,683 / 0.90 ratio
0.82
4 BR
4 BR
0.82ratio
FMR$1,830
Market$2,240
vs market-$410

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

90% standard$1,647 / 0.74 ratio110% standard$2,013 / 0.90 ratio
0.82
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 29644 (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.

29644 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 29644 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,270 and the 4 bedroom fair market rent is $1,830.

Use this page for searches like 29644 FMR, 29644 fair market rent, and 29644 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 29644
Bedroom sizeHUD FMR
Studio$1,050
1 bedroom$1,080
2 bedroom$1,270
3 bedroom$1,530
4 bedroom$1,830