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Barnwell County/Aiken/29808

29808

ZIPFMR
Barnwell County, SC
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$648$710
1 BR$682$750
2 BR$892$980
3 BR$1,063$1,170
4 BR$1,172$1,290
5 BR$1,348Not available
6 BR$1,550Not available
7 BR$1,782Not available
8 BR$2,050Not available

Purchase Price Calculator

Maximum purchase price
$83,711

Cost breakdown

+Likely effective rent$980
HUD FMR$892
Market rent$1,420
Est. payment standard (110%)Used$980
-Principal and interest-$423
Loan amount$66,969
Down payment$16,742
Rate6.50%
Term30 years
-Operating costs-$357
Property taxes-$84
Insurance-$175
Utilities$0
HOA$0
Management-$98
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,036(95.8% ROI)
Projected value
$90,148
Return breakdown
Property appreciation+$6,437
Loan principal paid down+$2,399
Rental cash flow+$7,200
5-year hold
+$27,279(162.9% ROI)
Projected value
$94,711
Return breakdown
Property appreciation+$11,000
Loan principal paid down+$4,279
Rental cash flow+$12,000
10-year hold
+$57,641(344.3% ROI)
Projected value
$107,157
Return breakdown
Property appreciation+$23,446
Loan principal paid down+$10,195
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.43
1 BR
0.48
2 BR
0.63
3 BR
0.61
4 BR
0.61
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 29808 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 29808 (Aiken, SC) is $892 a month. That is down 4.1% from $930 in FY 2026. Aiken is in the Barnwell 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 29808 is 19% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29808
BedroomsFY 2027Change90–110% range
Studio$648−7.3%$583–$713
1BR$682−3.8%$614–$750
2BR$892−4.1%$803–$981
3BR$1,063−4.7%$957–$1,169
4BR$1,172−4.8%$1,055–$1,289

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29808
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$648$682$892$1,063$1,172
FY 2026$699$709$930$1,115$1,231
FY 2025$705$711$933$1,169$1,237
FY 2024$684$689$905$1,167$1,243
FY 2023$607$611$780$1,041$1,088

Questions about ZIP 29808 rents

How much will Section 8 pay for a two-bedroom in ZIP 29808?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $892, that basic range is $803 to $981 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 29808 in?

ZIP 29808 is in the Barnwell County, SC non-metropolitan FMR area.

How much did fair market rent change in ZIP 29808 for FY 2027?

The two-bedroom FMR fell 4.1%, from $930 in FY 2026 to $892 in FY 2027. Since FY 2023 it has risen 14.4%.

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