FY2027 Small Area FMR · Arcadia, SC

ZIP 29320 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29320 (Arcadia, SC) is $1,360 a month, up 0.7% from FY2026. That is 14% above the Spartanburg, SC area-wide FMR of $1,196.

2-bedroom SAFMR$1,360per month ▲ 0.7%

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

Rank in the area6thof 39 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,224

2 BR Small Area FMR$1,360

110% of SAFMR$1,496

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

Studio$1,200▲ 1.7%

1 BR$1,250▲ 1.6%

2 BR$1,360▲ 0.7%

3 BR$1,660▲ 1.2%

4 BR$1,960▲ 3.7%

FY2027 FY2026

Where 29320 sits in the Spartanburg, SC area

Of the 39 ZIP codes HUD lists for the area, 29320 has the 6th 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 $1,360 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	$1,200	$1,080 – $1,320	$1,055	$1,180
1 bedroom	$1,250	$1,125 – $1,375	$1,099	$1,230
2 bedrooms	$1,360	$1,224 – $1,496	$1,196	$1,350
3 bedrooms	$1,660	$1,494 – $1,826	$1,457	$1,640
4 bedrooms	$1,960	$1,764 – $2,156	$1,722	$1,890

A household renting a two-bedroom home at the Small Area FMR of $1,360 needs about $54,400 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 29320 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
29378	Una	1.5 mi	$1,080
29301	Spartanburg	1.9 mi	$1,360
29303	Spartanburg	3.0 mi	$1,150
29333	Drayton	4.8 mi	$1,590
29316	Boiling Springs	5.9 mi	$1,290
29377	Startex	6.1 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 29320?

HUD's FY2027 Small Area Fair Market Rents for 29320 are $1,200 (studio), $1,250 (1 BR), $1,360 (2 BR), $1,660 (3 BR) and $1,960 (4 BR) a month.

What is the Section 8 payment standard in 29320?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29320 that range is $1,224 to $1,496 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29320?

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.