Location: Richmond County, NC | Metro: Richmond County, NC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $920 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,860 |
| 5 Bedrooms | $2,158 |
| 6 Bedrooms | $2,417 |
| 7 Bedrooms | $2,610 |
| 8 Bedrooms | $2,741 |
U.S. Census Bureau data (2024)
The ZIP code 28367 stands out due to its unique characteristics that set it apart from other areas. With only 89 residents, it is one of the smallest communities analyzed, yet 69.6% of these residents are renters, indicating a significant demand for rental properties. Despite the lack of specific median income and home value data, the high percentage of renters suggests a reliance on affordable housing options.
For landlords and small-portfolio investors, understanding the financial landscape is crucial. The Fair Market Rent (FMR) for ZIP 28367, as of metro fiscal year 2026, is set at $990. This figure represents the maximum amount that can be charged to tenants participating in the Section 8 program. However, without a defined market rent for comparison, it's challenging to gauge how competitive this rate is. Nonetheless, the FMR provides a clear benchmark for setting rental prices that align with government assistance levels.
The data signature for ZIP 28367 reads as transitional. The small population size coupled with a high percentage of renters indicates a community that may be experiencing changes in its demographic makeup or economic conditions. Landlords and investors should monitor local trends closely to adapt their strategies accordingly. Given the limited data available, staying informed about any updates in median income, home values, and market rents will be essential for making well-informed decisions.
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.