Location: Tyrrell County, NC | Metro: Hyde County, NC
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 | $880 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,660 |
| 5 Bedrooms | $1,926 |
| 6 Bedrooms | $2,157 |
| 7 Bedrooms | $2,330 |
| 8 Bedrooms | $2,447 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,430 | $178,004 | 0.8% | C |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 27826, located in Tyrrell County, North Carolina, reveals several key insights for landlords and small-portfolio investors. The Fair Market Rent (FMR) set by HUD for the metro area in fiscal year 2026 is $1,030. However, the current market rent data for this ZIP code is not available, which makes direct comparison challenging. Despite this gap in information, we can still analyze the potential cash flow for voucher tenants based on the HUD FMR.
Voucher tenants in ZIP 27826 will likely cashflow at the FMR level, given that the median home value is $180,360. This figure allows us to calculate the rent-to-price ratio, which is an essential metric for understanding the local housing market dynamics. A median home value of $180,360 suggests that the cost of living in the area is relatively low, making it feasible for landlords to maintain positive cash flow even when renting at the FMR rate.
The lack of specific data on day median DOM (days on market) and the percentage of price cuts indicates that the market may be stable, with few significant fluctuations in rental prices or property sales. This stability can be advantageous for investors seeking consistent returns without the risk of rapid changes in market conditions.
In summary, the strongest investor angle in ZIP 27826 is cashflow. Given the HUD FMR and the median home value, landlords can expect to achieve positive cash flow with their properties, particularly those that align closely with the FMR guidelines. This makes the area attractive for investors looking to generate steady income through rental properties.
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.