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Greenville County/Greer/29650

29650

ZIPSAFMR
Greenville County, SC
Zillow

ZIP Investment Score

102Above average

095130300
BRFMR
Eff. Rent
0 BR$1,580$1,740
1 BR$1,640$1,300
2 BR$1,790$1,620
3 BR$2,140$1,740
4 BR$2,520$2,250
5 BR$2,898Not available
6 BR$3,333Not available
7 BR$3,833Not available
8 BR$4,407Not available

Purchase Price Calculator

Maximum purchase price
$178,815

Cost breakdown

+Likely effective rent$1,620
HUD FMR$1,790
Market rentUsed$1,620
Est. payment standard (94%)$1,680
-Principal and interest-$904
Loan amount$143,052
Down payment$35,763
Rate6.50%
Term30 years
-Operating costs-$516
Property taxes-$179
Insurance-$175
Utilities$0
HOA$0
Management-$162
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,074(72.9% ROI)
Projected value
$192,564
Return breakdown
Property appreciation+$13,749
Loan principal paid down+$5,125
Rental cash flow+$7,200
5-year hold
+$44,637(124.8% ROI)
Projected value
$202,313
Return breakdown
Property appreciation+$23,498
Loan principal paid down+$9,140
Rental cash flow+$12,000
10-year hold
+$95,861(268.0% ROI)
Projected value
$228,898
Return breakdown
Property appreciation+$50,083
Loan principal paid down+$21,778
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.77
1 BR
1.26
2 BR
1.10
3 BR
1.23
4 BR
1.12
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 29650 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29650 (Greer, SC) is $1,790 a month. That is up 11.9% from $1,600 in FY 2026. Greer 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 38 ZIP codes in Greenville County, 29650 has the 5th-highest two-bedroom rent (county range $1,210–$2,180). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29650 is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29650
BedroomsFY 2027Change90–110% range
Studio$1,580+13.7%$1,422–$1,738
1BR$1,640+12.3%$1,476–$1,804
2BR$1,790+11.9%$1,611–$1,969
3BR$2,140+10.9%$1,926–$2,354
4BR$2,520+8.6%$2,268–$2,772

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29650
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,580$1,640$1,790$2,140$2,520
FY 2026$1,390$1,460$1,600$1,930$2,320
FY 2025$1,380$1,440$1,590$1,950$2,330
FY 2024$1,270$1,320$1,480$1,840$2,210
FY 2023$1,040$1,120$1,270$1,620$1,970

Two-bedroom rent in nearby Greenville County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29650
29627$1,210−32.4%
29635$1,230−31.3%
29636$1,560−12.8%
29644$1,360−24.0%
29645$1,210−32.4%
29650Current$1,790—
29651$1,280−28.5%
29652$1,560−12.8%
29654$1,210−32.4%
29661$1,210−32.4%
29662$1,740−2.8%
29669$1,210−32.4%

Questions about ZIP 29650 rents

How much will Section 8 pay for a two-bedroom in ZIP 29650?

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 $1,790 it would be $1,611 to $1,969. 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 29650 in?

ZIP 29650 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 29650 for FY 2027?

The two-bedroom FMR rose 11.9%, from $1,600 in FY 2026 to $1,790 in FY 2027. Since FY 2023 it has risen 40.9%.

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