Location: Greensboro-High Point, NC | Metro: Greensboro-High Point, NC HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,160 |
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,310 |
| 3 Bedrooms | $1,690 |
| 4 Bedrooms | $1,990 |
| 5 Bedrooms | $2,308 |
| 6 Bedrooms | $2,585 |
| 7 Bedrooms | $2,792 |
| 8 Bedrooms | $2,932 |
The ZIP code 27264 is located in High Point, North Carolina. Unfortunately, detailed demographic data such as population size, percentage of renters, median income, and median home value are not available for this specific ZIP code due to its classification as a PO Box ZIP code. However, we can still analyze the rental economics and investment potential.
The Fair Market Rent (FMR) for ZIP 27264, as determined by HUD for fiscal year 2026, is set at $1,370. This figure represents the maximum allowable rent for a Section 8 voucher holder in the area. The FMR is based on the overall metropolitan area, which includes High Point. Despite the lack of precise market rent data for 27264, it is reasonable to assume that the market rents are close to the FMR, given the absence of contradictory information.
Given the limited availability of specific demographic data, it is difficult to make a definitive assessment on whether ZIP 27264 is better suited for a hands-off voucher operator or a hands-on value-add buyer. However, the FMR provides a solid benchmark for understanding the rental economics. For landlords and small-portfolio investors, the consistent demand for affordable housing, as reflected in the FMR, suggests that properties in this ZIP code could be well-suited for hands-off management. Section 8 vouchers ensure a steady stream of tenants who can afford the rent, reducing the risk of vacancy and delinquency.
Investors looking to engage in more active management might find opportunities to improve property values and rents beyond the FMR, especially if they target upgrades or renovations that could attract non-voucher tenants willing to pay higher rents. However, this approach would require a deeper understanding of the local rental market dynamics, including competition and tenant preferences.
In summary, while specific demographic data for ZIP 27264 is unavailable, the Fair Market Rent of $1,370 offers a useful reference point for investment decisions. Landlords and investors should consider the benefits of hands-off management, particularly for those interested in stable, government-backed rental income, versus the potential rewards of a hands-on value-add strategy.
Data Sources: FMR data from HUD (2027).
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.