Section 8 Fair Market Rent (FMR) for ZIP 27836 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 27836, located in North Carolina, offers a unique opportunity for real estate investors interested in the Section 8 housing market. With a focus on affordable housing solutions, this area presents a mix of rental properties and homeownership options that cater to various socioeconomic groups.

• The Fair Market Rent (FMR) for ZIP 27836 for fiscal year 2024 is set at $1160.
• The median home value in the area is currently listed as N/A, indicating a lack of comprehensive data on property values.
• The percentage of renters in ZIP 27836 is N/A, suggesting incomplete information on the tenant population.
• The Days on Market (DOM), which indicates how quickly homes sell, is also N/A, making it difficult to gauge the speed of transactions.
• The median income for residents in ZIP 27836 is recorded as N/A, reflecting insufficient data on the economic status of the local populace.

Despite the limited availability of certain key metrics such as median home value, renter share, DOM, and median income, the established Fair Market Rent of $1160 provides a solid foundation for setting rental prices for Section 8 properties. Landlords and small-portfolio investors should leverage this figure while remaining vigilant for additional data points that can further inform their investment strategies in this area. The absence of detailed market rent data suggests reliance on the FMR as a benchmark until more specific information becomes available.

Data Sources: FMR data from HUD (2027).

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.