FY2027 Small Area FMR · Mountain Rest, SC

ZIP 29664 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 29664 (Mountain Rest, SC) is $990 a month, down 4.8% from FY2026. That is 11% above the Oconee County, SC area-wide FMR of $894.

2-bedroom SAFMR$990per month ▼ 4.8%

Area-wide 2 BR FMR$894Oconee County, SC

Rank in the area7thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$891

2 BR Small Area FMR$990

110% of SAFMR$1,089

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

Studio$720▼ 8.9%

1 BR$760▼ 3.8%

2 BR$990▼ 4.8%

3 BR$1,210▼ 4.7%

4 BR$1,340▼ 9.5%

FY2027 FY2026

Where 29664 sits in the Oconee County, SC area

Of the 14 ZIP codes HUD lists for the area, 29664 has the 7th highest two-bedroom Small Area FMR. Oconee County, 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 $894 for two bedrooms; an agency that opts in to Small Area FMRs would use $990 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	$720	$648 – $792	$650	$790
1 bedroom	$760	$684 – $836	$683	$790
2 bedrooms	$990	$891 – $1,089	$894	$1,040
3 bedrooms	$1,210	$1,089 – $1,331	$1,090	$1,270
4 bedrooms	$1,340	$1,206 – $1,474	$1,204	$1,480

A household renting a two-bedroom home at the Small Area FMR of $990 needs about $39,600 a year to keep housing costs at 30% of income. The area median family income is $90,100 and the 80% low-income limit for four people is $71,100. ZIP code 29664 lies mainly in Oconee County. See the Oconee County, SC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
29691	Walhalla	6.8 mi	$890
29686	Tamassee	9.0 mi	$950
29658	Long Creek	10.0 mi	$1,010
29696	West Union	10.5 mi	$890
29676	Salem	11.7 mi	$1,060
30537	Dillard	12.2 mi	$1,520

Questions

What is the Fair Market Rent for ZIP code 29664?

HUD's FY2027 Small Area Fair Market Rents for 29664 are $720 (studio), $760 (1 BR), $990 (2 BR), $1,210 (3 BR) and $1,340 (4 BR) a month.

What is the Section 8 payment standard in 29664?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 29664 that range is $891 to $1,089 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 29664?

The FY2026 income limits of the Oconee County, SC area apply: median family income $90,100, low-income (80%) limit $71,100 for a family of four.