Location: Robeson County, NC | Metro: Robeson County, NC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
The analysis for ZIP 28362 in Marietta, NC, reveals a significant gap between the Fair Market Rent (FMR) and the actual market rent. The FMR for the metro area in fiscal year 2026 is set at $930. However, the market rent for ZIP 28362 is currently higher, estimated at $1,000. This means that the FMR is approximately $70 less than the market rent, or about 7% lower.
In this context, where the FMR is lower than the market rent, landlords and small-portfolio investors should be aware of the potential cost of accepting housing voucher tenants. The difference of $70 per unit can result in a loss if the landlord relies solely on the FMR to cover their expenses. Given that only 15.0% of the population are renters and the median home value is not available, it suggests that homeownership might be more prevalent, but the median income stands at $36,667, which indicates that many residents may rely on rental assistance programs.
The gap between FMR and market rent highlights the challenge for landlords who choose to participate in the Section 8 program. They must weigh the benefits of consistent, government-backed payments against the potential financial shortfall compared to open-market rates. It is essential for investors to consider these factors carefully when evaluating the profitability of properties in ZIP 28362.
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.