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Greenwood County/Greenwood/29646

29646

ZIPSAFMR
Greenwood County, SC
Zillow

ZIP Investment Score

78Below average

095130300
BRFMR
Eff. Rent
0 BR$640$700
1 BR$750$830
2 BR$890$940
3 BR$1,110$1,100
4 BR$1,280$1,190
5 BR$1,472Not available
6 BR$1,693Not available
7 BR$1,947Not available
8 BR$2,239Not available

Purchase Price Calculator

Maximum purchase price
$77,767

Cost breakdown

+Likely effective rent$940
HUD FMR$890
Market rent$960
Est. payment standard (105%)Used$940
-Principal and interest-$393
Loan amount$62,214
Down payment$15,553
Rate6.50%
Term30 years
-Operating costs-$347
Property taxes-$78
Insurance-$175
Utilities$0
HOA$0
Management-$94
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,409(99.1% ROI)
Projected value
$83,747
Return breakdown
Property appreciation+$5,980
Loan principal paid down+$2,229
Rental cash flow+$7,200
5-year hold
+$26,194(168.4% ROI)
Projected value
$87,986
Return breakdown
Property appreciation+$10,219
Loan principal paid down+$3,975
Rental cash flow+$12,000
10-year hold
+$55,253(355.2% ROI)
Projected value
$99,548
Return breakdown
Property appreciation+$21,781
Loan principal paid down+$9,471
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.72
1 BR
0.82
2 BR
0.93
3 BR
1.01
4 BR
1.08
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 29646 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29646 (Greenwood, SC) is $890 a month. That is down 1.1% from $900 in FY 2026. Greenwood is in the Greenwood County, SC non-metropolitan 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 county-wide two-bedroom FMR of $885. Among 11 ZIP codes in Greenwood County, 29646 is tied for the 10th-highest two-bedroom rent (county range $890–$1,150). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29646 is 19% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29646
BedroomsFY 2027Change90–110% range
Studio$640−9.9%$576–$704
1BR$750+2.7%$675–$825
2BR$890−1.1%$801–$979
3BR$1,1100.0%$999–$1,221
4BR$1,280+4.1%$1,152–$1,408

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29646
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$640$750$890$1,110$1,280
FY 2026$710$730$900$1,110$1,230
FY 2025$750$750$940$1,150$1,280
FY 2024area FMR$781$786$992$1,199$1,321
FY 2023area FMR$689$694$845$1,046$1,135

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Greenwood County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29646
29138$1,000+12.4%
29620$1,060+19.1%
29638$900+1.1%
29646Current$890—
29648$8900.0%
29649$930+4.5%
29653$1,010+13.5%
29666$1,150+29.2%
29692$1,020+14.6%
29819$910+2.2%
29848$1,150+29.2%

Questions about ZIP 29646 rents

How much will Section 8 pay for a two-bedroom in ZIP 29646?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $885, which applies unless the housing authority uses Small Area FMRs, that basic range is $797 to $974 a month; under the ZIP-level Small Area FMR of $890 it would be $801 to $979. 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 29646 in?

ZIP 29646 is in the Greenwood County, SC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $885.

How much did fair market rent change in ZIP 29646 for FY 2027?

The two-bedroom FMR fell 1.1%, from $900 in FY 2026 to $890 in FY 2027. Since FY 2025 it has fallen 5.3%.

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

County fair market rentGreenwood, SC fair market rentSC statewide rentsWhat is SAFMR?Data sources