Section 8 Fair Market Rent (FMR) for ZIP 27814 - 2027

Location: Beaufort County, NC | Metro: Beaufort County, NC

Investment Score for ZIP 27814

N/A

Monthly Rent (2BR)

$1,010

Median Price (2BR)

$N/A

1% Rule

Annual Yield

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	$790
1 Bedroom	$800
2 Bedrooms	$1,010
3 Bedrooms	$1,320
4 Bedrooms	$1,550
5 Bedrooms	$1,798
6 Bedrooms	$2,014
7 Bedrooms	$2,175
8 Bedrooms	$2,284

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
3BR	$1,320	$281,850	0.47%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,671

Median Household Income

$77,368

Housing Units

1,166

Renter Percentage

10.7%

Occupancy Rate

61.6%

Renter Occupied

The analysis of ZIP code 27814 reveals a unique balance between yield and stability that can inform investment strategies for landlords and small-portfolio investors. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 stands at $930, which is significantly higher than the market rent of $788. This difference suggests a potential opportunity for higher rental yields if properties can be leased at or near the FMR rate.

However, the median home value of $188,434 indicates a relatively affordable market, which could attract first-time buyers or those looking for more stable housing options over time. The percentage of renters at 10.7% is notably low, implying a predominantly owner-occupied area. This characteristic tends to reduce the volatility associated with rental markets, making it less prone to rapid fluctuations in occupancy rates.

Income levels in ZIP 27814 are represented by an average household income of $77,368. This figure is critical in assessing the financial capacity of potential tenants to meet rental obligations. Given the relatively modest median home value and average income, there is a strong indication that this area leans towards a steady-cashflow zone rather than a high-yield/low-stability flip-style market.

To further illustrate, consider the following points:

Rental Yield: The gap between the FMR ($930) and the current market rent ($788) presents a potential for increased rental income if properties can be positioned to attract higher-paying tenants or if the market rent adjusts upwards.
Market Stability: With only 10.7% of residents being renters and a median home value that suggests affordability, the market shows signs of stability. The low percentage of renters typically correlates with lower turnover rates and greater predictability in rental income.

In conclusion, ZIP 27814 appears to be a steady-cashflow zone due to its low renter population and modest income levels, which support long-term investment strategies over short-term flipping. The potential for higher yields exists but is contingent upon the ability to lease at closer to FMR rates, which may require strategic property improvements or location advantages.

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.