Section 8 Fair Market Rent (FMR) for ZIP 27556 - 2027

Location: Vance County, NC | Metro: Vance County, NC

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$800
1 Bedroom$810
2 Bedrooms$1,050
3 Bedrooms$1,310
4 Bedrooms$1,420
5 Bedrooms$1,647
6 Bedrooms$1,845
7 Bedrooms$1,993
8 Bedrooms$2,093

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
142
Median Household Income
$N/A
Housing Units
43
Renter Percentage
46.3%
Occupancy Rate
95.3%
Renter Occupied
19

To integrate ZIP 27556 into a Section 8 portfolio strategy, focus on its role as a diversifier. The ZIP code, located in Vance County, North Carolina, has a significant 46.3% share of renters, which makes it an attractive option for adding rental properties to your investment mix.

The Federal Market Rent (FMR) for the ZIP 27556 metro area in fiscal year 2026 is set at $980. While specific market and median home value data are not available, the high percentage of renters indicates that there is a substantial demand for rental housing in the area. This demand can be leveraged to ensure consistent occupancy rates, a critical factor for cash flow stability in Section 8 properties.

Although appreciation metrics such as price-cut share and days on market (DOM) are not provided, the primary appeal of ZIP 27556 lies in its ability to diversify a landlord's portfolio. Diversification helps mitigate risks associated with over-reliance on any single type of investment or property. By including ZIP 27556, you add a segment with a strong rental market presence, which can balance out other investments focused more on ownership or appreciation.

In conclusion, ZIP 27556 serves best as a diversifier within a Section 8 portfolio strategy. Its 46.3% renter share ensures a stable tenant base, crucial for steady cash flow. Landlords and small-portfolio investors should consider this ZIP code for its potential to enhance the diversity and resilience of their investment portfolios.

Data Sources: FMR data from HUD (2027). 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.