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FY2017 Hypothetical Small Area FMRs For Aiken 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.

Aiken County is part of the Augusta-Richmond County, GA-SC MSA.

Aiken County, SC Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
29006 $470 $580 $670 $890 $1,120 0.741
29105 $510 $560 $670 $900 $1,170 0.658
29129 $490 $560 $670 $900 $1,150 0.727
29137 $520 $550 $670 $910 $1,180 0.766
29146 $520 $550 $670 $910 $1,180 0.785
29164 $520 $550 $670 $910 $1,180 0.788
29801 $560 $590 $720 $980 $1,270 0.973
29802 $540 $570 $690 $940 $1,220 0.932
29803 $640 $680 $830 $1,130 $1,460 1.115
29804 $540 $570 $690 $940 $1,220 0.932
29805 $520 $550 $670 $910 $1,180 0.767
29809 $520 $550 $670 $910 $1,180 0.771
29816 $520 $550 $670 $910 $1,180 0.821
29828 $520 $550 $670 $910 $1,180 0.620
29829 $530 $560 $680 $920 $1,200 0.908
29831 $520 $550 $670 $910 $1,180 0.785
29834 $540 $580 $700 $950 $1,230 0.943
29839 $540 $570 $690 $940 $1,220 0.932
29841 $530 $560 $680 $920 $1,200 0.910
29842 $520 $550 $670 $910 $1,180 0.802
29847 $520 $550 $670 $910 $1,180 0.824
29850 $540 $570 $690 $940 $1,220 0.932
29851 $520 $550 $670 $910 $1,180 0.789
29853 $540 $570 $690 $940 $1,220 0.924
29856 $520 $550 $670 $910 $1,180 0.839
29860 $520 $550 $670 $910 $1,180 0.880
29861 $540 $570 $690 $940 $1,220 0.932

* 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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