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FY2017 Hypothetical Small Area FMRs For Anderson County, SC

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Anderson County is part of the Greenville-Anderson-Mauldin, SC MSA.

Anderson County, SC Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
29611 $510 $590 $700 $930 $1,050 0.957
29621 $520 $600 $720 $960 $1,080 0.983
29622 $490 $560 $670 $890 $1,010 0.919
29623 $490 $560 $670 $890 $1,010 0.919
29624 $490 $560 $670 $890 $1,010 0.839
29625 $490 $570 $680 $900 $1,020 0.926
29626 $550 $630 $750 $1,000 $1,130 1.019
29627 $490 $560 $670 $890 $1,010 0.840
29630 $550 $630 $750 $1,000 $1,130 1.025
29631 $510 $590 $700 $930 $1,050 0.957
29642 $570 $650 $780 $1,040 $1,170 1.066
29643 $490 $560 $670 $890 $1,010 0.919
29654 $490 $560 $670 $890 $1,010 0.843
29655 $490 $560 $670 $890 $1,010 0.796
29656 $490 $560 $670 $890 $1,010 0.919
29657 $510 $590 $700 $930 $1,050 0.954
29669 $490 $560 $670 $890 $1,010 0.823
29670 $490 $560 $670 $890 $1,010 0.836
29673 $540 $620 $740 $980 $1,110 1.005
29684 $490 $560 $670 $890 $1,010 0.809
29689 $530 $610 $730 $970 $1,100 0.998
29697 $520 $600 $720 $960 $1,080 0.976

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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