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29801

ZIPSAFMR
Aiken County, SC

ZIP Investment Score

130High yield potential

095130300
BRFMR
Eff. Rent
0 BR$980$1,080
1 BR$1,180$1,230
2 BR$1,300$1,430
3 BR$1,640$1,690
4 BR$1,990$2,100
5 BR$2,289Not available
6 BR$2,632Not available
7 BR$3,027Not available
8 BR$3,481Not available

Purchase Price Calculator

Maximum purchase price
$150,581

Cost breakdown

+Likely effective rent$1,430
HUD FMR$1,300
Market rent$1,510
Est. payment standard (110%)Used$1,430
-Principal and interest-$761
Loan amount$120,465
Down payment$30,116
Rate6.50%
Term30 years
-Operating costs-$469
Property taxes-$151
Insurance-$175
Utilities$0
HOA$0
Management-$143
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,094(76.7% ROI)
Projected value
$162,159
Return breakdown
Property appreciation+$11,578
Loan principal paid down+$4,316
Rental cash flow+$7,200
5-year hold
+$39,484(131.1% ROI)
Projected value
$170,368
Return breakdown
Property appreciation+$19,788
Loan principal paid down+$7,697
Rental cash flow+$12,000
10-year hold
+$84,515(280.6% ROI)
Projected value
$192,756
Return breakdown
Property appreciation+$42,175
Loan principal paid down+$18,339
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.69
1 BR
0.94
2 BR
0.86
3 BR
0.96
4 BR
0.92
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 29801 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29801 (Aiken, SC) is $1,300 a month. That is up 1.6% from $1,280 in FY 2026. Aiken is in the Augusta-Richmond County, GA-SC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 28 ZIP codes in Aiken County, 29801 has the 4th-highest two-bedroom rent (county range $1,000–$1,410). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29801 is 18% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29801
BedroomsFY 2027Change90–110% range
Studio$980+3.2%$882–$1,078
1BR$1,180+4.4%$1,062–$1,298
2BR$1,300+1.6%$1,170–$1,430
3BR$1,640−0.6%$1,476–$1,804
4BR$1,990−1.0%$1,791–$2,189

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29801
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$980$1,180$1,300$1,640$1,990
FY 2026$950$1,130$1,280$1,650$2,010
FY 2025$870$1,040$1,180$1,550$1,900
FY 2024$790$940$1,080$1,440$1,750
FY 2023$710$840$960$1,290$1,580

Two-bedroom rent in nearby Aiken County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29801
29801Current$1,300—
29802$1,250−3.8%
29803$1,340+3.1%
29804$1,250−3.8%
29805$1,000−23.1%
29809$1,000−23.1%
29816$1,180−9.2%
29822$1,250−3.8%
29828$1,120−13.8%
29829$1,220−6.2%
29831$1,250−3.8%
29832$1,010−22.3%

Questions about ZIP 29801 rents

How much will Section 8 pay for a two-bedroom in ZIP 29801?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,300, that basic range is $1,170 to $1,430 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 29801 in?

ZIP 29801 is in the Augusta-Richmond County, GA-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 29801 for FY 2027?

The two-bedroom FMR rose 1.6%, from $1,280 in FY 2026 to $1,300 in FY 2027. Since FY 2023 it has risen 35.4%.

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