Location: Bladen County, NC | Metro: Bladen County, NC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
13.8% of residents in ZIP code 28332 are renters, indicating a moderate demand for rental properties in the area. $77,250 is the median income for this ZIP code, which suggests that while not high, it supports a reasonable level of rental affordability. However, the median home value being N/A points to limited data on homeownership, possibly due to a predominantly rental market. $786 is the reported market rent based on Census ACS data, showing the average rent cost in the region. In comparison, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $930, providing a benchmark for affordable housing standards. The N/A-day Days on Market (DOM) and N/A% price-cut share indicate that there might be insufficient data or a stable rental market without significant fluctuations or prolonged vacancy periods. Given these figures, landlords and small-portfolio investors should focus on properties priced around $786 to appeal to the local rental market while ensuring compliance with the $930 FMR for Section 8 eligibility. This strategy would cater to the income levels of the majority of residents, thereby maximizing occupancy rates and minimizing vacancy risks.
The relatively low market rent compared to the FMR also opens opportunities for landlords to slightly increase their rents and still remain within the affordable range, potentially improving their investment returns. Moreover, the stable nature of the rental market, as indicated by the lack of significant price cuts or extended vacancy times, supports a consistent cash flow for investors. With these considerations, landlords can confidently invest in ZIP 28332, knowing that they will likely find a steady pool of tenants willing to pay market rates for quality rental units.
Section 8 verdict: ZIP 28332 offers a viable opportunity for landlords, with a moderate rental market and clear guidelines for maintaining Section 8 eligibility through pricing strategies aligned with the $930 FMR.
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.