Section 8 Fair Market Rent (FMR) for ZIP 27429 - 2027

FY 2027 Fair Market Rent Rates

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

Based on the data provided, ZIP 27429 in Greensboro, NC, has a Fair Market Rent (FMR) of $1200 for FY 2024, indicating the rental market is supported by federal guidelines. However, specific figures for market values and home values are not available, making it challenging to assess the overall yield potential accurately. Regarding stability, there is insufficient data to determine the percentage of renters, the average days on market (DOM), and the median income of residents. Without these metrics, it is difficult to classify the stability of the rental market in ZIP 27429. Given the limited data, ZIP 27429 appears to offer a moderate level of yield potential due to the FMR support but lacks clarity on stability factors. This suggests it might be a middle-ground market, neither purely high-yield/low-stability nor a steady-cashflow zone. Landlords and small-portfolio investors should consider additional research and local market conditions before making investment decisions.

To gain a clearer understanding of the market dynamics in ZIP 27429, it would be advisable to consult local real estate agents or utilize specialized real estate data services that can provide detailed insights into rental yields, tenant stability, and property values.

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.