HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Greenville County, South Carolina (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Greenville County is $1,507 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,507
+12.5% from FY 2026
Payment standard
$1,356–$1,658
90% to 110% of the FMR, two-bedroom
Income to afford
$60,280
a year, with rent at 30% of income
Rank in South Carolina
7th of 46
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,329 | $1,196–$1,462 | $53,160 | $25.56/hr | +14.0% |
| 1 bedroom | $1,384 | $1,246–$1,522 | $55,360 | $26.62/hr | +13.3% |
| 2 bedroom | $1,507 | $1,356–$1,658 | $60,280 | $28.98/hr | +12.5% |
| 3 bedroom | $1,801 | $1,621–$1,981 | $72,040 | $34.63/hr | +11.7% |
| 4 bedroom | $2,124 | $1,912–$2,336 | $84,960 | $40.85/hr | +9.3% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,443 | $2,199–$2,687 |
| 6 bedroom Estimate | $2,761 | $2,485–$3,037 |
| 7 bedroom Estimate | $3,080 | $2,772–$3,388 |
| 8 bedroom Estimate | $3,398 | $3,058–$3,738 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
Two-bedrooms in Greenville are asking $1,321. HUD says $1,507.
That's 12% below the county FMR. Median asking rent across 12 Greenville ZIP codes with active 2BR listings. FMR includes utilities and asking rents usually don't, so the true gap is a little smaller.
No card needed
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Greenville somewhere between $1,356 and $1,658. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,507 a month is affordable, by HUD's 30% rule, on an income of roughly $60,280 a year. Put another way, $29 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,356 | Voucher pays at 100%$1,507 | Voucher pays at 110%$1,658 |
|---|---|---|---|---|
| $2,500 | $750 | $606 | $757 | $908 |
| $4,000 | $1,200 | $156 | $307 | $458 |
Rate history
The two-bedroom rate went up 13% from FY 2026 ($1,339) to FY 2027 ($1,507). Since FY 2020 it's up 79% in total, about 8.7% a year. The South Carolina median moved up 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $628 | $740 | $842 | $1,127 | $1,362 | — |
| FY 2021 | $731 | $826 | $942 | $1,254 | $1,518 | +11.9% |
| FY 2022 | $783 | $871 | $992 | $1,294 | $1,579 | +5.3% |
| FY 2023 | $865 | $931 | $1,051 | $1,344 | $1,628 | +5.9% |
| FY 2024 | $1,032 | $1,074 | $1,206 | $1,500 | $1,797 | +14.7% |
| FY 2025 | $1,136 | $1,180 | $1,306 | $1,599 | $1,911 | +8.3% |
| FY 2026 | $1,166 | $1,221 | $1,339 | $1,612 | $1,943 | +2.5% |
| FY 2027In effect | $1,329 | $1,384 | $1,507 | $1,801 | $2,124 | +12.5% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Greenville, that runs from $1,329 for a studio up to $2,124 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Greenville in with one other county in the Greenville-Mauldin-Easley metro, Pickens County among them, and every one of them gets $1,507 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among South Carolina's 46 counties, Greenville ranks 7th for two-bedroom FMR. That's about 37% above the state median of $1,098 and about 42% above the national median county at $1,063. About 548,166 people live here, 1st in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,210 in 29661 (Marietta) and $2,180 in 29601 (Greenville), with the 32 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 29601 | Greenville | $2,180 | +44.7% |
| 29602 | Greenville | $1,560 | +3.5% |
| 29603 | Greenville | $1,560 | +3.5% |
| 29604 | Greenville | $1,560 | +3.5% |
| 29605 | Greenville | $1,350 | -10.4% |
| 29606 | Greenville | $1,560 | +3.5% |
| 29607 | Greenville | $1,820 | +20.8% |
| 29608 | Greenville | $1,560 | +3.5% |
| 29609 | Greenville | $1,390 | -7.8% |
| 29610 | Greenville | $1,560 | +3.5% |
| 29611 | Greenville | $1,420 | -5.8% |
| 29612 | Greenville | $1,560 | +3.5% |
| 29613 | Greenville | $1,360 | -9.8% |
| 29614 | Greenville | $1,550 | +2.9% |
| 29615 | Greenville | $1,700 | +12.8% |
| 29616 | Greenville | $1,560 | +3.5% |
| 29617 | Greenville | $1,350 | -10.4% |
| 29635 | Cleveland | $1,230 | -18.4% |
| 29636 | Conestee | $1,560 | +3.5% |
| 29644 | Fountain Inn | $1,360 | -9.8% |
| 29650 | Greer | $1,790 | +18.8% |
| 29651 | Greer | $1,280 | -15.1% |
| 29652 | Greer | $1,560 | +3.5% |
| 29661 | Marietta | $1,210 | -19.7% |
| 29662 | Mauldin | $1,740 | +15.5% |
| 29673 | Piedmont | $1,240 | -17.7% |
| 29680 | Simpsonville | $1,870 | +24.1% |
| 29681 | Simpsonville | $2,020 | +34.0% |
| 29683 | Slater | $1,210 | -19.7% |
| 29687 | Taylors | $1,530 | +1.5% |
| 29688 | Tigerville | $1,560 | +3.5% |
| 29690 | Travelers Rest | $1,310 | -13.1% |
Counties sharing the Greenville-Mauldin-Easley metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,507 two-bedroom figure as Greenville.
Nearby counties
Two-bedroom FMR, with how each compares to Greenville.
Pickens County
21 mi · 134,629 people
$1,507
same rate
Spartanburg County
25 mi · 347,852 people
$1,196
-21%
Anderson County
29 mi · 210,478 people
$1,102
-27%
Oconee County
38 mi · 80,469 people
$894
-41%
Laurens County
39 mi · 68,666 people
$1,119
-26%
Abbeville County
44 mi · 24,420 people
$885
-41%
Cherokee County
45 mi · 56,647 people
$885
-41%
Union County
45 mi · 26,885 people
$1,003
-33%
Questions people ask
$1,507 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,329 for a studio, $1,384 for one bedroom, $1,801 for three and $2,124 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Greenville actually go for?
HUD's number is one input. Search any address in Greenville for a rent estimate built from nearby comps. Free to start, no card.
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