Location: Caswell County, NC | Metro: Burlington, NC MSA
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 | $890 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,060 | $246,176 | 0.43% | F |
| 3BR | $1,350 | $294,424 | 0.46% | F |
| 4BR | $1,600 | $386,387 | 0.41% | F |
U.S. Census Bureau data (2024)
ZIP code 27249, located in Gibsonville, NC, is situated within the broader Caswell County, NC metro area. Its Federal Market Rent (FMR) of $1,120 for fiscal year 2024 is notably lower than the average market rent of $1,795. This discrepancy suggests that 27249 could be considered a value pocket within its metro, offering relatively affordable rental rates compared to other areas.
The median home value in ZIP 27249 stands at $292,694, which is also likely below the average for the entire Caswell County metro. This further supports the idea that it is a more economical part of the region, potentially attracting first-time homebuyers or those looking for cost-effective housing options.
With a renter share of 17.7%, ZIP 27249 has a higher proportion of renters than some other ZIP codes in the area, but this figure alone doesn't necessarily indicate it's a sweet spot for Section 8 properties. However, when combined with the lower FMR and home values, it does suggest that there might be opportunities for landlords and small-portfolio investors interested in Section 8 housing.
To determine if 27249 is a sweet spot for Section 8, we would need to compare its FMR and home values to the typical figures for the entire Caswell County metro. Given the lower FMR and home values, it's reasonable to infer that 27249 could indeed be an attractive location for such investments, especially considering the higher renter share.
In summary, ZIP 27249 appears to be a value pocket within the Caswell County, NC metro, characterized by lower rental costs and home values, along with a moderately higher percentage of renters. These factors make it a potentially favorable location for landlords and small-portfolio investors seeking to capitalize on Section 8 housing opportunities.
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.