Section 8 Fair Market Rent (FMR) for ZIP 27936 - 2027

Location: Dare County, NC | Metro: Dare County, NC

Investment Score for ZIP 27936

Monthly Rent (2BR)

$1,660

Median Price (2BR)

$375,684

1% Rule

0.44%

Annual Yield

5.3%

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	$1,300
1 Bedroom	$1,520
2 Bedrooms	$1,660
3 Bedrooms	$2,110
4 Bedrooms	$2,200
5 Bedrooms	$2,552
6 Bedrooms	$2,858
7 Bedrooms	$3,087
8 Bedrooms	$3,241

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
2BR	$1,660	$375,684	0.44%	F
3BR	$2,110	$483,477	0.44%	F
4BR	$2,200	$648,679	0.34%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

664

Median Household Income

$43,846

Housing Units

790

Renter Percentage

N/A

Occupancy Rate

48.6%

Renter Occupied

The town of Frisco, North Carolina, represented by ZIP code 27936, is a small community located in the heart of the state's rural landscape. Known for its serene environment and close-knit community, Frisco offers a unique opportunity for real estate investment, particularly for those interested in long-term stability and growth.

Fair Market Rent (FMR): The Fair Market Rent for the metro area covering fiscal year 2026 is set at $1,840, providing a benchmark for rental pricing in the region.
Market Rent: Specific market rent figures for Frisco are currently unavailable, suggesting that the local rental market may be less active compared to larger urban areas.
Median Home Value: The median home value in Frisco stands at $522,380, indicating a relatively high-value residential market.
Renter Share: With a reported 0.0% renter share, it's evident that homeownership is predominant in Frisco, which could impact the demand for rental properties.
Days on Market (DOM): The average days on market for homes in Frisco is not available, potentially due to the limited number of transactions or listings in the area.
Median Income: The median household income in Frisco is $43,846, which is lower than the national average, but it suggests a stable local economy suitable for long-term investments.

In summary, Frisco, NC, presents a market characterized by high home values and strong homeownership rates, with limited data on rental markets. This indicates that the area is primarily attractive for those looking to invest in property ownership rather than rental opportunities. The low median income figure points to a need for careful consideration of potential buyer affordability, though it also suggests a stable local economy that can support steady growth in property values over time. For investors, focusing on the appreciation of home values and the appeal to owner-occupiers may yield better returns than attempting to enter a sparse rental market.

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.