Section 8 Fair Market Rent (FMR) for ZIP 27370 - 2027

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

Investment Score for ZIP 27370

F
Monthly Rent (2BR)
$1,120
Median Price (2BR)
$232,119
1% Rule
0.48%
Annual Yield
5.79%

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$990
1 Bedroom$1,030
2 Bedrooms$1,120
3 Bedrooms$1,450
4 Bedrooms$1,700
5 Bedrooms$1,972
6 Bedrooms$2,209
7 Bedrooms$2,386
8 Bedrooms$2,505

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 $1,120 $232,119 0.48% F
3BR $1,450 $276,621 0.52% F
4BR $1,700 $369,302 0.46% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
15,001
Median Household Income
$69,039
Housing Units
5,975
Renter Percentage
15.7%
Occupancy Rate
93.8%
Renter Occupied
883

The real estate landscape in ZIP 27370, Trinity, NC, is poised for a nuanced period ahead, given the current median home value of $282,584. This figure, coupled with the fact that only 0.3% of listings have seen price reductions, indicates a market where sellers retain considerable pricing power. The negligible percentage of reduced listings suggests a stable demand environment, where buyers are willing to meet or slightly exceed asking prices, thus maintaining or potentially increasing property values.

The median days on market (DOM) being listed as N/A implies either a very quick sale rate or an insufficient sample size to provide meaningful data. In either case, it aligns with the strong seller's market implied by the other metrics, suggesting that homes are selling rapidly once they come onto the market. This rapid turnover supports the notion that sellers can command higher prices, as inventory remains tight and buyer interest remains high.

On the rental side, the forward market rent (FMR) for ZIP 27370 in fiscal year 2024 is set at $1060, while the current market rent stands at $946 according to Census ACS data. This discrepancy signals an expected increase in rental rates, which could be beneficial for landlords and small-portfolio investors looking to capitalize on rising rents. As rental prices rise to meet the FMR, it may also drive up the perceived value of residential properties, further supporting higher home values.

For long-term investors, the setup in Trinity, NC, implies a realistic appreciation thesis based on the current and projected rental market dynamics. With rental rates expected to increase, the underlying value of residential assets is likely to follow suit, providing a steady growth trajectory for those holding properties for extended periods. However, the lack of significant historical appreciation data means that any future value increases will primarily be driven by rental income growth rather than speculative bubbles or sudden market shifts.

In summary, the combination of a stable median home value, low reduction rates, and anticipated rental growth points towards a market where pricing power remains firmly with sellers and landlords. This scenario favors those who are willing to hold onto their investments, leveraging both capital appreciation and rental income growth.

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.