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Anderson County/La France/29656

29656

ZIPFMR
Anderson County, SC
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$972$1,070
1 BR$1,012$1,110
2 BR$1,102$1,210
3 BR$1,444$1,590
4 BR$1,704$1,870
5 BR$1,960Not available
6 BR$2,254Not available
7 BR$2,592Not available
8 BR$2,980Not available

Purchase Price Calculator

Maximum purchase price
$117,889

Cost breakdown

+Likely effective rent$1,210
HUD FMR$1,102
Market rent$1,400
Est. payment standard (110%)Used$1,210
-Principal and interest-$596
Loan amount$94,311
Down payment$23,578
Rate6.50%
Term30 years
-Operating costs-$414
Property taxes-$118
Insurance-$175
Utilities$0
HOA$0
Management-$121
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,644(83.3% ROI)
Projected value
$126,954
Return breakdown
Property appreciation+$9,065
Loan principal paid down+$3,379
Rental cash flow+$7,200
5-year hold
+$33,517(142.2% ROI)
Projected value
$133,381
Return breakdown
Property appreciation+$15,492
Loan principal paid down+$6,026
Rental cash flow+$12,000
10-year hold
+$71,377(302.7% ROI)
Projected value
$150,908
Return breakdown
Property appreciation+$33,019
Loan principal paid down+$14,358
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.77
1 BR
0.86
2 BR
0.79
3 BR
0.79
4 BR
0.76
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 29656 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 29656 (La France, SC) is $1,102 a month. That is down 6.1% from $1,173 in FY 2026. La France is in the Anderson, SC HUD Metro FMR Area.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29656
BedroomsFY 2027Change90–110% range
Studio$972−4.9%$875–$1,069
1BR$1,012−2.2%$911–$1,113
2BR$1,102−6.1%$992–$1,212
3BR$1,444−4.9%$1,300–$1,588
4BR$1,704−7.8%$1,534–$1,874

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29656
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$972$1,012$1,102$1,444$1,704
FY 2026$1,022$1,035$1,173$1,519$1,849
FY 2025SAFMR$790$790$950$1,210$1,590
FY 2024SAFMR$830$840$1,040$1,310$1,750
FY 2023SAFMR$690$710$890$1,120$1,520

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

Questions about ZIP 29656 rents

How much will Section 8 pay for a two-bedroom in ZIP 29656?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,102, that basic range is $992 to $1,212 a month. 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 29656 in?

ZIP 29656 is in the Anderson, SC HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 29656 for FY 2027?

The two-bedroom FMR fell 6.1%, from $1,173 in FY 2026 to $1,102 in FY 2027.

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 Fair Market Rents. 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 rentLa France, SC fair market rentSC statewide rentsWhat is SAFMR?Data sources