Section 8 Fair Market Rent (FMR) for ZIP 28318 - 2027

Location: Sampson County, NC | Metro: Fayetteville, NC HUD Metro FMR Area

Investment Score for ZIP 28318

C
Monthly Rent (2BR)
$1,130
Median Price (2BR)
$134,829
1% Rule
0.84%
Annual Yield
10.06%

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$990
1 Bedroom$1,010
2 Bedrooms$1,130
3 Bedrooms$1,510
4 Bedrooms$1,870
5 Bedrooms$2,169
6 Bedrooms$2,429
7 Bedrooms$2,623
8 Bedrooms$2,754

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 $1,130 $134,829 0.84% C
3BR $1,510 $228,900 0.66% D
4BR $1,870 $325,425 0.57% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
3,644
Median Household Income
$56,439
Housing Units
1,912
Renter Percentage
13.4%
Occupancy Rate
83.3%
Renter Occupied
214

The market in ZIP 28318, encompassing Autryville, NC, presents a dynamic landscape that suggests an equilibrium between supply and demand, albeit with subtle indications of slight pressure on the rental side. The Fair Market Rent (FMR) for the area, set at $980 for fiscal year 2024, serves as a benchmark for affordability and quality of housing, established by HUD to reflect the average gross rent paid for decent, safe, and sanitary housing. This figure is notably higher than the reported market rent of $671, derived from the Census American Community Survey (ACS).

The discrepancy between the FMR and the actual market rent points to a scenario where landlords might be incentivized to maintain or slightly increase their rental rates, aligning closer to the HUD standard. However, the lack of data on the percentage of price-cut share and days on market (DOM) prevents a definitive conclusion on whether supply is significantly outpacing demand or vice versa. Nonetheless, the median home value of $197,466 indicates a relatively affordable market for homeownership, which could attract both first-time buyers and investors looking for properties within a manageable price range.

The 13.4% renter share highlights a predominantly owner-occupied community, but it also underscores a persistent segment of the population that relies on rental housing. This statistic suggests that while the majority of residents own their homes, there remains a notable and potentially growing demand for rental properties. Over the long term, this can translate into sustained pressure on the rental market, as economic conditions and lifestyle choices continue to influence housing preferences.

In summary, ZIP 28318 appears to be a balanced market, leaning slightly towards rental demand due to the disparity between FMR and market rent. The median home value signals an opportunity for both homeowners and investors, while the renter share reflects ongoing dynamics that could shape future housing trends.

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.