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FY2017 Hypothetical Small Area FMRs For Pickens 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.

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

Pickens 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
29630 $550 $630 $750 $1,000 $1,130 1.025
29631 $510 $590 $700 $930 $1,050 0.957
29633 $520 $600 $720 $960 $1,080 0.978
29634 $760 $880 $1,050 $1,400 $1,580 1.431
29635 $540 $620 $740 $980 $1,110 1.014
29640 $520 $600 $720 $960 $1,080 0.989
29641 $520 $600 $720 $960 $1,080 0.978
29642 $570 $650 $780 $1,040 $1,170 1.066
29657 $510 $590 $700 $930 $1,050 0.954
29661 $490 $560 $670 $890 $1,010 0.840
29667 $490 $560 $670 $890 $1,010 0.594
29670 $490 $560 $670 $890 $1,010 0.836
29671 $490 $560 $670 $890 $1,010 0.895
29678 $520 $600 $720 $960 $1,080 0.978
29682 $490 $560 $670 $890 $1,010 0.885
29685 $520 $600 $720 $960 $1,080 0.978

* 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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