Section 8 Fair Market Rent (FMR) for ZIP 27316 - 2027

Location: Greensboro-High Point, NC | Metro: Greensboro-High Point, NC HUD Metro FMR Area

Investment Score for ZIP 27316

F
Monthly Rent (2BR)
$1,010
Median Price (2BR)
$209,700
1% Rule
0.48%
Annual Yield
5.78%

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$890
1 Bedroom$930
2 Bedrooms$1,010
3 Bedrooms$1,310
4 Bedrooms$1,540
5 Bedrooms$1,786
6 Bedrooms$2,000
7 Bedrooms$2,160
8 Bedrooms$2,268

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 $209,700 0.48% F
3BR $1,310 $236,667 0.55% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
7,084
Median Household Income
$56,727
Housing Units
3,030
Renter Percentage
25.3%
Occupancy Rate
87.7%
Renter Occupied
673

The real estate landscape in ZIP 27316, Ramseur, NC, presents a unique scenario for both landlords and small-portfolio investors. With a median home value of $230,495, the area stands out as an affordable option compared to many other markets across the country. The fact that the percentage of listings reduced and the median days on market (DOM) are currently not available suggests a stable market, where neither a significant surplus nor shortage of housing is evident. This stability implies that landlords and investors can maintain their current rental rates without fear of a sudden drop in demand.

On the rental side, the Fair Market Rent (FMR) for ZIP 27316 in fiscal year 2024 is set at $1000. However, the current market rent, according to the Census ACS, is $777. This discrepancy indicates that there is potential for rental rate increases, aligning with the FMR. Landlords have the opportunity to adjust their rents upward, capturing more of the perceived market value, without necessarily losing tenants due to the relatively low cost of living in the area.

For long-term hold investors, the appreciation thesis in Ramseur, NC, is less robust. The lack of available data on recent price reductions and DOM suggests that while the market remains stable, it does not show strong signs of growth or decline. Investors should not expect rapid capital appreciation, but rather a steady, modest increase in property values over time, consistent with historical trends. The median home value has been relatively stable, indicating that the area's growth is gradual and sustainable, rather than explosive.

The setup implied by the current data suggests that landlords and small-portfolio investors can maintain a balance between competitive rental rates and stable property values. They should focus on managing costs effectively and ensuring properties meet the standards expected by tenants willing to pay closer to the FMR. In summary, the market in ZIP 27316 offers a solid foundation for those looking for a reliable investment, with opportunities for rental income optimization and gradual property value appreciation.

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.