Aiken County/North Augusta/29841

29841

ZIPSAFMR

Aiken County, SC

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ZIP Investment Score

115Above average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$950	$950	9.7%
1 BR	$1,150	$1,010	10.2%
2 BR	$1,270	$1,190	8.7%
3 BR	$1,600	$1,510	6.6%
4 BR	$1,940	$2,040	6.6%
5 BR	$2,231	Not available	6.6%
6 BR	$2,566	Not available	6.6%
7 BR	$2,950	Not available	6.6%
8 BR	$3,393	Not available	6.6%

Purchase Price Calculator

Maximum purchase price

$114,917

Cost breakdown

+Likely effective rent$1,190

HUD FMR$1,270

Market rentUsed$1,190

Est. payment standard (96%)$1,220

-Principal and interest-$581

Loan amount$91,934

Down payment$22,983

Rate6.50%

Term30 years

-Operating costs-$409

Property taxes-$115

Insurance-$175

Utilities$0

HOA$0

Management-$119

=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

+$19,330(84.1% ROI)

Projected value

$123,753

Return breakdown

Property appreciation+$8,836

Loan principal paid down+$3,294

Rental cash flow+$7,200

5-year hold

+$32,975(143.5% ROI)

Projected value

$130,018

Return breakdown

Property appreciation+$15,101

Loan principal paid down+$5,874

Rental cash flow+$12,000

10-year hold

+$70,182(305.4% ROI)

Projected value

$147,103

Return breakdown

Property appreciation+$32,186

Loan principal paid down+$13,996

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.00ratio

FMR$950

Market$950

vs market+$0

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

1.00

1 BR

1.14ratio

FMR$1,150

Market$1,010

vs market+$140

FMR is above market; underwrite to market rent.

1.14

2 BR

1.07ratio

FMR$1,270

Market$1,190

vs market+$80

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

1.07

3 BR

1.06ratio

FMR$1,600

Market$1,510

vs market+$90

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

1.06

4 BR

0.93ratio

FMR$1,940

Market$2,090

vs market-$150

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

0.93

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 29841 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29841 (North Augusta, SC) is $1,270 a month. That is up 7.6% from $1,180 in FY 2026. North Augusta 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, 29841 has the 5th-highest two-bedroom rent (county range $1,000–$1,410). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29841 is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29841
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$880	$950	+8.0%	$855–$1,045
1BR	$1,040	$1,150	+10.6%	$1,035–$1,265
2BR	$1,180	$1,270	+7.6%	$1,143–$1,397
3BR	$1,520	$1,600	+5.3%	$1,440–$1,760
4BR	$1,860	$1,940	+4.3%	$1,746–$2,134

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29841
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$950	$1,150	$1,270	$1,600	$1,940
FY 2026	$880	$1,040	$1,180	$1,520	$1,860
FY 2025	$780	$940	$1,060	$1,390	$1,700
FY 2024	$720	$860	$990	$1,320	$1,600
FY 2023	$680	$810	$920	$1,240	$1,510

Two-bedroom rent in nearby Aiken County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 29841
29828	$1,120	−11.8%
29829	$1,220	−3.9%
29831	$1,250	−1.6%
29832	$1,010	−20.5%
29834	$1,040	−18.1%
29839	$1,250	−1.6%
29841Current	$1,270	—
29842	$1,040	−18.1%
29847	$1,070	−15.7%
29851	$1,310	+3.1%
29853	$1,000	−21.3%
29856	$1,130	−11.0%

Questions about ZIP 29841 rents

How much will Section 8 pay for a two-bedroom in ZIP 29841?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,270, that basic range is $1,143 to $1,397 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 29841 in?

ZIP 29841 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 29841 for FY 2027?

The two-bedroom FMR rose 7.6%, from $1,180 in FY 2026 to $1,270 in FY 2027. Since FY 2023 it has risen 38.0%.

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 North Augusta, SC fair market rent SC statewide rents What is SAFMR?Data sources