Section 8 Fair Market Rent (FMR) for ZIP 27018 - 2027

Location: Winston-Salem, NC | Metro: Winston-Salem, NC HUD Metro FMR Area

Investment Score for ZIP 27018

F
Monthly Rent (2BR)
$1,010
Median Price (2BR)
$196,541
1% Rule
0.51%
Annual Yield
6.17%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$820
1 Bedroom$930
2 Bedrooms$1,010
3 Bedrooms$1,330
4 Bedrooms$1,620
5 Bedrooms$1,879
6 Bedrooms$2,104
7 Bedrooms$2,272
8 Bedrooms$2,386

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,010 $196,541 0.51% F
3BR $1,330 $287,069 0.46% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
7,388
Median Household Income
$73,438
Housing Units
3,448
Renter Percentage
22.1%
Occupancy Rate
86.5%
Renter Occupied
660

East Bend, NC, located in ZIP code 27018, is a small community situated along the Yadkin River in Surry County. Known for its rural charm and proximity to natural attractions, East Bend offers a unique living environment that attracts both homeowners and renters.

Investors considering East Bend, NC should note the discrepancy between the Fair Market Rent and the actual market rent, which could indicate room for modest price increases. The relatively low renter share suggests that while there is a market for rentals, it may be more competitive. With a moderate median home value and median income, the area supports a stable but not highly lucrative investment climate. For small-portfolio investors, East Bend presents opportunities in both single-family homes and rental properties, though returns will likely be steady rather than explosive.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.