Section 8 Fair Market Rent (FMR) for ZIP 27875 - 2027

Location: Hyde County, NC | Metro: Hyde County, NC

Investment Score for ZIP 27875

N/A
Monthly Rent (2BR)
$1,170
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

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$930
1 Bedroom$930
2 Bedrooms$1,170
3 Bedrooms$1,520
4 Bedrooms$1,790
5 Bedrooms$2,076
6 Bedrooms$2,325
7 Bedrooms$2,511
8 Bedrooms$2,637

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,520 $273,400 0.56% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
379
Median Household Income
$21,991
Housing Units
289
Renter Percentage
17.6%
Occupancy Rate
90.3%
Renter Occupied
46

The classification of ZIP code 27875 hinges on specific metrics that define its yield and stability. With a Fair Market Rent (FMR) of $1,120 for the fiscal year 2026, it stands out in comparison to the non-available market rent data. The median home value of $169,105 provides a baseline for investment costs. On the stability front, the area has a modest 17.6% of residents who are renters, alongside an unreported number of days on the market (DOM), and an average household income of $21,991.

Based on these figures, ZIP 27875 leans towards being a steady-cashflow zone. The FMR indicates a relatively stable rental market, which is crucial for consistent cash flow. However, the low average income suggests potential challenges in maintaining high occupancy rates and collecting rent on time. The percentage of renters is below what might be considered robust for a high-renter population area, which typically aims for over 25% to ensure strong demand.

The absence of market rent data and DOM figures introduces some uncertainty, but given the available information, the area does not exhibit characteristics typical of a high-yield/low-stability flip-style market. Such markets usually have higher rental turnovers and more significant discrepancies between home values and rents. Instead, ZIP 27875 appears to offer a balanced approach where landlords can expect reliable, though not exceptionally high, returns on their investments.

To summarize, the key figures driving this assessment are the FMR at $1,120, the median home value at $169,105, and the average household income at $21,991. These indicate a moderate level of stability and yield, suitable for those looking for a predictable investment environment rather than a high-risk, high-reward scenario.

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.