Section 8 Fair Market Rent (FMR) for ZIP 28007 - 2027

Location: Anson County, NC | Metro: Anson County, NC HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$790
1 Bedroom	$790
2 Bedrooms	$1,030
3 Bedrooms	$1,230
4 Bedrooms	$1,520
5 Bedrooms	$1,763
6 Bedrooms	$1,975
7 Bedrooms	$2,133
8 Bedrooms	$2,240

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

879

Median Household Income

$60,648

Housing Units

359

Renter Percentage

24.2%

Occupancy Rate

89.7%

Renter Occupied

ZIP code 28007, located within the Anson County, NC HUD Metro FMR Area, has a fair market rent (FMR) of $1,180 for FY 2024. This figure is slightly above the county's average FMR, which stands at $867 for a 1-bedroom and $1,138 for a 2-bedroom apartment in FY 2026, according to HUD.

The market rent in ZIP 28007 is recorded at $776, significantly lower than the FMR. This suggests that landlords in this ZIP code could potentially receive higher rents through the Section 8 program compared to the prevailing market rates. The absence of a reported home value indicates limited data on property prices, possibly due to low activity in the real estate market.

A 24.2% renter share is notable, indicating a substantial portion of residents are renters. Typically, a higher renter share can signal a greater demand for rental housing, which might be met through Section 8 vouchers. However, the lack of home value data prevents a direct comparison to other ZIP codes within Anson County regarding the presence of a Section 8 sweet spot.

To further analyze ZIP 28007's position within the Anson County HUD Metro FMR Area, consider the following:

FMR Comparison: The $1,180 FMR for ZIP 28007 is close to the 2-bedroom FMR for the county, suggesting it aligns with the upper range of market expectations.
Market Rent: At $776, the market rent is notably lower than the FMR, indicating potential profitability for landlords participating in the Section 8 program.
Renter Share: With a 24.2% renter share, ZIP 28007 has a significant number of residents who might benefit from the Section 8 program, increasing the likelihood of finding tenants.

In summary, ZIP 28007 appears to be a mid-tier neighborhood within the Anson County HUD Metro FMR Area, offering a balance between fair market rents and lower market rents. Its high renter share supports the potential for a robust Section 8 tenant pool, making it an attractive option for landlords and small-portfolio investors seeking steady returns without the premium risks associated with higher-value pockets.

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.