Location: Person County, NC | Metro: Person County, NC HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $123,805 | 0.82% | C |
| 3BR | $1,400 | $229,425 | 0.61% | D |
| 4BR | $1,460 | $285,986 | 0.51% | F |
U.S. Census Bureau data (2024)
930 is the Fair Market Rent (FMR) for ZIP 27573 (Roxboro, NC) as set by HUD for fiscal year 2024. This figure stands slightly above the $839 average market rent reported by the Census Bureau's American Community Survey, indicating a potential premium for federally subsidized tenants. With a median home value of $188,999, the area offers affordability for both homeowners and renters. The renter share at 44.0% suggests a substantial portion of the population relies on rental properties, making it a viable market for landlords. Median income in the area is $45,736, which landlords should consider when setting income limits for their Section 8 applicants. Despite the lack of data on days on market (DOM), the low price-cut share of 0.2% implies that properties in Roxboro generally hold their value well. For landlords and small-portfolio investors looking to enter the Section 8 market, these numbers indicate a stable and potentially profitable environment. The combination of a higher FMR compared to the market rent, coupled with a significant renter population and strong property value retention, supports a positive outlook for Section 8 participation.
A final consideration is the absence of DOM data, which could be due to limited availability or recent market conditions that do not significantly impact the overall investment strategy. Given the robust figures presented, landlords can expect steady demand and reasonable returns from Section 8 tenants. The verdict on Section 8 for ZIP 27573 is clear: it remains a solid investment option.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.