Location: Caswell County, NC | Metro: Caswell County, NC
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,740 |
| 5 Bedrooms | $2,018 |
| 6 Bedrooms | $2,260 |
| 7 Bedrooms | $2,441 |
| 8 Bedrooms | $2,563 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,500 | $233,171 | 0.64% | D |
U.S. Census Bureau data (2024)
ZIP code 27212, located within the Caswell County, NC metro, presents a unique profile compared to typical ZIP codes in the county. Its Fair Market Rent (FMR) of $1,040 for fiscal year 2026 aligns closely with the metro's average, indicating that rental pricing in this area is on par with broader regional trends.
The market rent at $839 is below the FMR, suggesting that landlords can potentially charge slightly above the market rate without exceeding affordability standards. This could be advantageous for those seeking to maximize their rental income while still remaining within reasonable limits for tenants.
The median home value in ZIP 27212 stands at $225,277. This figure is relatively lower than what might be expected in some metropolitan areas, but it's important to consider that it reflects the specific housing market dynamics within Caswell County. A lower home value could make property ownership more accessible to a wider range of residents, including those who might otherwise struggle to find affordable housing.
The renter share in ZIP 27212 is quite high at 42.6%. This percentage indicates a significant portion of the population relies on rental housing, which can be beneficial for landlords and small-portfolio investors looking to capitalize on demand. High renter share combined with below-average home values often suggests an area where Section 8 vouchers are commonly used, making it a potential sweet spot for landlords willing to participate in the program.
Based on these figures, ZIP 27212 appears to be a value pocket within the Caswell County, NC metro. The below-metro market rent and relatively low home values, coupled with a high renter share, indicate that this ZIP code offers opportunities for both affordability and investment. Landlords should consider the potential benefits of accepting Section 8 vouchers to attract tenants and stabilize occupancy rates.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.