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FY2017 Hypothetical Small Area FMRs For Sumter 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.

Sumter County is part of the Sumter, SC MSA.

Sumter County, SC Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
29001 $540 $540 $670 $880 $990 0.769
29040 $580 $580 $720 $950 $1,060 0.991
29051 $580 $580 $720 $950 $1,060 0.986
29062 $580 $580 $720 $950 $1,060 0.986
29080 $540 $540 $670 $880 $990 0.768
29102 $580 $580 $720 $950 $1,060 0.986
29104 $540 $540 $670 $880 $990 0.659
29114 $510 $530 $670 $850 $940 0.758
29125 $540 $540 $670 $880 $990 0.901
29128 $530 $550 $670 $880 $1,000 0.797
29150 $560 $570 $700 $920 $1,030 0.959
29151 $580 $580 $720 $950 $1,060 0.986
29152 $840 $840 $1,040 $1,370 $1,540 1.425
29153 $600 $600 $740 $970 $1,090 1.012
29154 $680 $680 $840 $1,110 $1,240 1.157
29162 $540 $540 $670 $880 $990 0.850
29168 $580 $580 $720 $950 $1,060 0.990

* 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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