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Beaufort County/Beaufort/29907

29907

ZIPSAFMR
Beaufort County, SC
Zillow

ZIP Investment Score

68Below average

095130300
BRFMR
Eff. Rent
0 BR$1,980$1,760
1 BR$2,060$1,830
2 BR$2,250$2,200
3 BR$2,680$2,170
4 BR$3,220$2,490
5 BR$3,703Not available
6 BR$4,258Not available
7 BR$4,897Not available
8 BR$5,632Not available

Purchase Price Calculator

Maximum purchase price
$265,003

Cost breakdown

+Likely effective rent$2,200
HUD FMR$2,250
Market rentUsed$2,200
Est. payment standard (99%)$2,220
-Principal and interest-$1,340
Loan amount$212,002
Down payment$53,001
Rate6.50%
Term30 years
-Operating costs-$660
Property taxes-$265
Insurance-$175
Utilities$0
HOA$0
Management-$220
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,172(66.4% ROI)
Projected value
$285,379
Return breakdown
Property appreciation+$20,376
Loan principal paid down+$7,596
Rental cash flow+$7,200
5-year hold
+$60,368(113.9% ROI)
Projected value
$299,826
Return breakdown
Property appreciation+$34,824
Loan principal paid down+$13,545
Rental cash flow+$12,000
10-year hold
+$130,498(246.2% ROI)
Projected value
$339,226
Return breakdown
Property appreciation+$74,223
Loan principal paid down+$32,275
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.13
1 BR
1.13
2 BR
1.02
3 BR
1.24
4 BR
1.29
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 29907 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 29907 (Beaufort, SC) is $2,250 a month. That is up 10.3% from $2,040 in FY 2026. Beaufort is in the Beaufort County, SC HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,010. Among 20 ZIP codes in Beaufort County, 29907 has the 3rd-highest two-bedroom rent (county range $1,640–$2,760). The median county two-bedroom FMR in South Carolina is $1,098, so ZIP 29907 is 105% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 29907
BedroomsFY 2027Change90–110% range
Studio$1,980+11.2%$1,782–$2,178
1BR$2,060+10.8%$1,854–$2,266
2BR$2,250+10.3%$2,025–$2,475
3BR$2,680+9.4%$2,412–$2,948
4BR$3,220+5.2%$2,898–$3,542

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 29907
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,980$2,060$2,250$2,680$3,220
FY 2026$1,780$1,860$2,040$2,450$3,060
FY 2025$1,770$1,830$2,030$2,450$3,120
FY 2024$1,560$1,600$1,800$2,230$2,870
FY 2023$1,390$1,430$1,610$2,020$2,640

Two-bedroom rent in nearby Beaufort County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 29907
29901$2,010−10.7%
29902$1,690−24.9%
29903$2,010−10.7%
29904$1,840−18.2%
29905$1,770−21.3%
29906$1,840−18.2%
29907Current$2,250—
29909$2,760+22.7%
29910$2,470+9.8%
29915$2,100−6.7%
29920$1,640−27.1%
29925$2,010−10.7%

Questions about ZIP 29907 rents

How much will Section 8 pay for a two-bedroom in ZIP 29907?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,010, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,809 to $2,211 a month; under the ZIP-level Small Area FMR of $2,250 it would be $2,025 to $2,475. 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 29907 in?

ZIP 29907 is in the Beaufort County, SC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,010.

How much did fair market rent change in ZIP 29907 for FY 2027?

The two-bedroom FMR rose 10.3%, from $2,040 in FY 2026 to $2,250 in FY 2027. Since FY 2023 it has risen 39.8%.

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