Location: Rutherford County, NC | Metro: Rutherford County, NC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
The ZIP code 28076 stands out due to its unique demographic composition. With only 105 residents, it is among the smallest communities analyzed. A significant portion of these residents, 53.2%, are renters, indicating a notable reliance on rental properties within this small area. Despite the scarcity of residents, the importance of rental properties is evident, making it a critical focus for landlords and small-portfolio investors.
The Federal Market Rent (FMR) for ZIP 28076 in the fiscal year 2026 is set at $930. This figure represents the maximum amount that a landlord can charge for a Section 8 voucher tenant. However, the lack of available data on the local market rent and median income and home values suggests that there might be limited comparatives to gauge the economic landscape accurately. The absence of such metrics could imply either an underdeveloped market or insufficient statistical significance due to the small population size.
In terms of voucher economics, landlords in ZIP 28076 should be aware that the $930 FMR is a fixed benchmark for their rental income. Without market rent data, it's challenging to assess how competitive this rate is. Nevertheless, the high percentage of renters indicates a potential demand for affordable housing options, which could be met through Section 8 vouchers.
The data signature for ZIP 28076 reads as "transitional." The small resident base combined with the high percentage of renters suggests that the community might be evolving, possibly due to new developments or changes in local demographics. Landlords and investors should monitor any updates in median income, home values, and market rents to better understand the economic stability and growth potential of this area.
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.