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Aiken County/Trenton/29847

29847

ZIPSAFMR
Aiken County, SC
Zillow

ZIP Investment Score

84Below average

095130300
BRFMR
Eff. Rent
0 BR$800$800
1 BR$970$970
2 BR$1,070$1,070
3 BR$1,350$1,350
4 BR$1,640$1,640
5 BR$1,886Not available
6 BR$2,169Not available
7 BR$2,494Not available
8 BR$2,868Not available

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMRUsed$1,070
Market rentN/A
Est. payment standardN/A
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
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
--
Mortgage rate
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ZIP 29847 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29847 (Trenton, SC) is $1,070 a month. That is up 0.9% from $1,060 in FY 2026. Trenton 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, 29847 has the 18th-highest two-bedroom rent (county range $1,000–$1,410). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29847 is 3% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29847
BedroomsFY 2027Change90–110% range
Studio$800+1.3%$720–$880
1BR$970+3.2%$873–$1,067
2BR$1,070+0.9%$963–$1,177
3BR$1,350−1.5%$1,215–$1,485
4BR$1,640−1.8%$1,476–$1,804

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29847
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$800$970$1,070$1,350$1,640
FY 2026$790$940$1,060$1,370$1,670
FY 2025$730$880$990$1,320$1,610
FY 2024$680$810$920$1,240$1,510
FY 2023$630$750$860$1,160$1,420

Two-bedroom rent in nearby Aiken County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29847
29831$1,250+16.8%
29832$1,010−5.6%
29834$1,040−2.8%
29839$1,250+16.8%
29841$1,270+18.7%
29842$1,040−2.8%
29847Current$1,070—
29851$1,310+22.4%
29853$1,000−6.5%
29856$1,130+5.6%
29860$1,410+31.8%
29861$1,250+16.8%

Questions about ZIP 29847 rents

How much will Section 8 pay for a two-bedroom in ZIP 29847?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,070, that basic range is $963 to $1,177 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 29847 in?

ZIP 29847 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 29847 for FY 2027?

The two-bedroom FMR rose 0.9%, from $1,060 in FY 2026 to $1,070 in FY 2027. Since FY 2023 it has risen 24.4%.

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

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