Location: Beaufort County, NC | Metro: Beaufort County, NC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,630 |
| 5 Bedrooms | $1,891 |
| 6 Bedrooms | $2,118 |
| 7 Bedrooms | $2,287 |
| 8 Bedrooms | $2,401 |
U.S. Census Bureau data (2024)
The median home value in ZIP 27821, located in Beaufort County, NC, is $103,100 according to recent data. This figure is significantly lower than the national median home value, making it an attractive location for both real estate investment and living. However, the lack of current market rent data complicates a direct comparison with the HUD Fair Market Rent (FMR) of $930 for the metro area, effective for fiscal year 2026.
Despite this, the HUD FMR of $930 is likely above the actual market rent for the area, suggesting that voucher tenants could cashflow at this rate. The low median home value indicates that the area is predominantly affordable, and the rent-to-price ratio would be favorable for investors seeking to capitalize on the rental market.
Investors should note that the lack of specific market rent data makes it challenging to predict exact cashflow margins. Nonetheless, the HUD FMR provides a benchmark that is likely higher than the prevailing market rates, indicating that voucher tenants can achieve positive cashflow even with modestly priced units.
The median days on market (DOM) and percentage of price cuts are not available, but these metrics typically influence the rent-versus-buy decision. Given the low median home values, the area may attract buyers looking for affordable homeownership options, which could impact the rental market dynamics. However, the strong cashflow potential from voucher tenants remains a compelling argument for investing in the area.
The strongest investor angle in ZIP 27821 is cashflow due to the relatively high HUD FMR compared to likely market rents and the affordable nature of the housing stock.
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.