York County/Fort Mill/29715

29715

ZIPSAFMR

York County, SC

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ZIP Investment Score

84Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,660	$1,640	5.3%
1 BR	$1,730	$1,450	5.8%
2 BR	$1,880	$1,730	4.7%
3 BR	$2,300	$2,080	4.1%
4 BR	$2,920	$2,590	3.7%
5 BR	$3,358	Not available	3.7%
6 BR	$3,862	Not available	3.7%
7 BR	$4,441	Not available	3.7%
8 BR	$5,107	Not available	3.7%

Purchase Price Calculator

Maximum purchase price

$195,161

Cost breakdown

+Likely effective rent$1,730

HUD FMR$1,880

Market rentUsed$1,730

Est. payment standard (95%)$1,780

-Principal and interest-$987

Loan amount$156,129

Down payment$39,032

Rate6.50%

Term30 years

-Operating costs-$543

Property taxes-$195

Insurance-$175

Utilities$0

HOA$0

Management-$173

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$27,800(71.2% ROI)

Projected value

$210,167

Return breakdown

Property appreciation+$15,006

Loan principal paid down+$5,594

Rental cash flow+$7,200

5-year hold

+$47,621(122.0% ROI)

Projected value

$220,807

Return breakdown

Property appreciation+$25,646

Loan principal paid down+$9,975

Rental cash flow+$12,000

10-year hold

+$102,430(262.4% ROI)

Projected value

$249,822

Return breakdown

Property appreciation+$54,662

Loan principal paid down+$23,769

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.01ratio

FMR$1,660

Market$1,640

vs market+$20

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

1.01

1 BR

1.19ratio

FMR$1,730

Market$1,450

vs market+$280

FMR is above market; underwrite to market rent.

1.19

2 BR

1.09ratio

FMR$1,880

Market$1,730

vs market+$150

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

1.09

3 BR

1.11ratio

FMR$2,300

Market$2,080

vs market+$220

FMR is above market; underwrite to market rent.

1.11

4 BR

1.13ratio

FMR$2,920

Market$2,590

vs market+$330

FMR is above market; underwrite to market rent.

1.13

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 29715 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29715 (Fort Mill, SC) is $1,880 a month. That is up 5.0% from $1,790 in FY 2026. Fort Mill is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 20 ZIP codes in York County, 29715 has the 2nd-highest two-bedroom rent (county range $1,010–$1,940). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29715 is 71% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29715
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,560	$1,660	+6.4%	$1,494–$1,826
1BR	$1,630	$1,730	+6.1%	$1,557–$1,903
2BR	$1,790	$1,880	+5.0%	$1,692–$2,068
3BR	$2,200	$2,300	+4.5%	$2,070–$2,530
4BR	$2,800	$2,920	+4.3%	$2,628–$3,212

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29715
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,660	$1,730	$1,880	$2,300	$2,920
FY 2026	$1,560	$1,630	$1,790	$2,200	$2,800
FY 2025	$1,690	$1,750	$1,940	$2,390	$3,030
FY 2024	$1,420	$1,460	$1,640	$2,040	$2,620
FY 2023	$1,190	$1,210	$1,370	$1,740	$2,240

Two-bedroom rent in nearby York County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 29715
29702	$1,010	−46.3%
29703	$1,610	−14.4%
29704	$1,370	−27.1%
29706	$1,020	−45.7%
29707	$1,600	−14.9%
29708	$1,940	+3.2%
29710	$1,760	−6.4%
29712	$1,480	−21.3%
29715Current	$1,880	—
29716	$1,610	−14.4%
29717	$1,320	−29.8%
29726	$1,240	−34.0%

Questions about ZIP 29715 rents

How much will Section 8 pay for a two-bedroom in ZIP 29715?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,880, that basic range is $1,692 to $2,068 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 29715 in?

ZIP 29715 is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 29715 for FY 2027?

The two-bedroom FMR rose 5.0%, from $1,790 in FY 2026 to $1,880 in FY 2027. Since FY 2023 it has risen 37.2%.

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 rent Fort Mill, SC fair market rent SC statewide rents What is SAFMR?Data sources