FY2027 Small Area FMR · Spartanburg, SC

ZIP 29304 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29304 (Spartanburg, SC) is $1,200 a month, up 0.8% from FY2026. That is 0% equal to the Spartanburg, SC area-wide FMR of $1,196.

2-bedroom SAFMR$1,200per month ▲ 0.8%

Area-wide 2 BR FMR$1,196Spartanburg, SC

Rank in the area14thof 39 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,080

2 BR Small Area FMR$1,200

110% of SAFMR$1,320

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,060▲ 1.9%

1 BR$1,100▲ 0.9%

2 BR$1,200▲ 0.8%

3 BR$1,460▲ 1.4%

4 BR$1,730▲ 4.2%

FY2027 FY2026

Where 29304 sits in the Spartanburg, SC area

Of the 39 ZIP codes HUD lists for the area, 29304 has the 14th highest two-bedroom Small Area FMR. Spartanburg, SC is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,196 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,200 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,060	$954 – $1,166	$1,055	$1,040
1 bedroom	$1,100	$990 – $1,210	$1,099	$1,090
2 bedrooms	$1,200	$1,080 – $1,320	$1,196	$1,190
3 bedrooms	$1,460	$1,314 – $1,606	$1,457	$1,440
4 bedrooms	$1,730	$1,557 – $1,903	$1,722	$1,660

A household renting a two-bedroom home at the Small Area FMR of $1,200 needs about $48,000 a year to keep housing costs at 30% of income. The area median family income is $91,200 and the 80% low-income limit for four people is $72,250. ZIP code 29304 lies mainly in Spartanburg County. See the Spartanburg, SC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29302	Spartanburg	2.5 mi	$1,180
29346	Glendale	2.5 mi	$1,170
29306	Spartanburg	3.7 mi	$1,190
29333	Drayton	4.6 mi	$1,590
29307	Spartanburg	4.9 mi	$1,160
29324	Clifton	5.1 mi	$1,160

Questions

What is the Fair Market Rent for ZIP code 29304?

HUD's FY2027 Small Area Fair Market Rents for 29304 are $1,060 (studio), $1,100 (1 BR), $1,200 (2 BR), $1,460 (3 BR) and $1,730 (4 BR) a month.

What is the Section 8 payment standard in 29304?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29304 that range is $1,080 to $1,320 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29304?

The FY2026 income limits of the Spartanburg, SC area apply: median family income $91,200, low-income (80%) limit $72,250 for a family of four.