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29695

ZIPFMR
Greenwood County, SC
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$643$643
1 BR$747$747
2 BR$885$885
3 BR$1,106$1,106
4 BR$1,285$1,285
5 BR$1,478Not available
6 BR$1,699Not available
7 BR$1,954Not available
8 BR$2,247Not available

Purchase Price Calculator

Maximum purchase price
$69,594

Cost breakdown

+Likely effective rent$885
HUD FMRUsed$885
Market rentN/A
Est. payment standardN/A
-Principal and interest-$352
Loan amount$55,675
Down payment$13,919
Rate6.50%
Term30 years
-Operating costs-$333
Property taxes-$70
Insurance-$175
Utilities$0
HOA$0
Management-$89
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$14,546(104.5% ROI)
Projected value
$74,945
Return breakdown
Property appreciation+$5,351
Loan principal paid down+$1,995
Rental cash flow+$7,200
5-year hold
+$24,702(177.5% ROI)
Projected value
$78,739
Return breakdown
Property appreciation+$9,145
Loan principal paid down+$3,557
Rental cash flow+$12,000
10-year hold
+$51,968(373.4% ROI)
Projected value
$89,086
Return breakdown
Property appreciation+$19,492
Loan principal paid down+$8,476
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 29695 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 29695 (Hodges, SC) is $885 a month. That is down 5.2% from $934 in FY 2026. Hodges is in the Greenwood County, SC non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29695 is 19% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29695
BedroomsFY 2027Change90–110% range
Studio$643−8.5%$579–$707
1BR$747−1.3%$672–$822
2BR$885−5.2%$797–$974
3BR$1,106−2.6%$995–$1,217
4BR$1,285+0.8%$1,157–$1,414

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29695
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$643$747$885$1,106$1,285
FY 2026$703$757$934$1,135$1,275
FY 2025$781$786$981$1,186$1,337
FY 2024$781$786$992$1,199$1,321
FY 2023$689$694$845$1,046$1,135

Questions about ZIP 29695 rents

How much will Section 8 pay for a two-bedroom in ZIP 29695?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $885, that basic range is $797 to $974 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 29695 in?

ZIP 29695 is in the Greenwood County, SC non-metropolitan FMR area.

How much did fair market rent change in ZIP 29695 for FY 2027?

The two-bedroom FMR fell 5.2%, from $934 in FY 2026 to $885 in FY 2027. Since FY 2023 it has risen 4.7%.

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