Location: Greensboro-High Point, NC | Metro: Greensboro-High Point, NC HUD Metro FMR Area
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 | $970 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,100 | $165,250 | 0.67% | D |
| 3BR | $1,420 | $241,487 | 0.59% | F |
| 4BR | $1,670 | $312,264 | 0.53% | F |
U.S. Census Bureau data (2024)
The ZIP code 27263, located in Archdale, North Carolina, represents a moderately renter-heavy area with significant potential for Section 8 tenants. With a population of 21,446, 32.6% of residents are renters, indicating a substantial portion of the community relies on rental housing. The median household income in this area is $55,801, which is relatively low compared to national averages, suggesting a high demand for affordable housing options.
The typical market rent of $1,137 per month consumes approximately 20.3% of the median household income, making it a considerable expense for many residents. This figure is higher than the Fair Market Rent (FMR) set at $1,010 for FY 2024, indicating that landlords might face some challenges in attracting tenants who qualify for the lower voucher amounts. However, the gap between the market rent and the FMR suggests an opportunity for landlords to adjust their rents slightly below the market rate to attract Section 8 tenants while still maintaining profitability.
In this ZIP code, landlords should expect a tenant profile that includes individuals and families with incomes below the median, who rely heavily on government assistance to afford housing. These tenants will likely have a strong preference for properties that offer stability and affordability. Landlords can anticipate a competitive environment for Section 8 vouchers due to the high percentage of renters and the economic conditions that favor government-subsidized housing.
To summarize, ZIP 27263 is well-suited for landlords interested in serving a Section 8 tenant pool, given the significant number of renters and the economic context that supports the use of vouchers. However, they must be prepared to manage tenants who require financial assistance and possibly adjust their expectations regarding rental income.
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.