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FY2017 Hypothetical Small Area FMRs For Richland 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.

Richland County is part of the Columbia, SC MSA.

Richland County, SC Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
29002 $610 $780 $900 $1,180 $1,490 1.034
29016 $700 $890 $1,030 $1,350 $1,700 1.184
29036 $740 $940 $1,090 $1,430 $1,800 1.251
29044 $450 $580 $670 $880 $1,110 0.710
29045 $720 $920 $1,060 $1,390 $1,750 1.217
29052 $530 $680 $780 $1,020 $1,290 0.892
29061 $620 $790 $910 $1,190 $1,500 1.047
29063 $820 $1,050 $1,210 $1,590 $2,000 1.389
29075 $470 $600 $690 $910 $1,140 0.791
29078 $460 $590 $680 $890 $1,120 0.784
29130 $520 $660 $760 $1,000 $1,260 0.874
29147 $610 $780 $900 $1,180 $1,490 1.034
29177 $610 $780 $900 $1,180 $1,490 1.034
29180 $470 $600 $690 $910 $1,140 0.789
29201 $630 $810 $930 $1,220 $1,540 1.073
29202 $610 $780 $900 $1,180 $1,490 1.034
29203 $560 $710 $820 $1,080 $1,360 0.940
29204 $560 $710 $820 $1,080 $1,360 0.943
29205 $550 $700 $810 $1,060 $1,340 0.934
29206 $620 $800 $920 $1,210 $1,520 1.057
29207 $610 $780 $900 $1,180 $1,490 1.034
29208 $610 $780 $900 $1,180 $1,490 1.034
29209 $600 $770 $890 $1,170 $1,470 1.023
29210 $540 $690 $800 $1,050 $1,320 0.918
29211 $610 $780 $900 $1,180 $1,490 1.034
29212 $640 $810 $940 $1,230 $1,550 1.081
29221 $610 $780 $900 $1,180 $1,490 1.034
29223 $640 $810 $940 $1,230 $1,550 1.087
29224 $610 $780 $900 $1,180 $1,490 1.034
29225 $610 $780 $900 $1,180 $1,490 1.034
29229 $840 $1,070 $1,240 $1,630 $2,050 1.425
29230 $610 $780 $900 $1,180 $1,490 1.034
29240 $610 $780 $900 $1,180 $1,490 1.034
29250 $610 $780 $900 $1,180 $1,490 1.034
29260 $610 $780 $900 $1,180 $1,490 1.034
29290 $610 $780 $900 $1,180 $1,490 1.034

* 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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