Section 8 Fair Market Rent (FMR) for ZIP 28370 - 2027

FY 2027 Fair Market Rent Rates

1,360 is the Fair Market Rent (FMR) for ZIP 28370 in Pinehurst, NC, for metro FY 2026. This figure represents the average monthly rent for a two-bedroom apartment in the area, set by HUD for determining eligibility for Section 8 programs.

N/A is the current market rent for ZIP 28370, indicating limited recent data available. However, the FMR serves as a reliable benchmark for assessing rental values.

N/A is also the median home value for ZIP 28370, which suggests that the area primarily caters to renters rather than homeowners. The lack of median home value data further supports this observation.

N/A is the percentage of renter share in ZIP 28370, showing a significant portion of the population relies on rental properties. This trend aligns with the high demand for affordable housing options, such as those supported by Section 8.

N/A is the median income for ZIP 28370, highlighting the economic context where many residents may qualify for assistance programs like Section 8.

N/A is the days on market (DOM) for properties in ZIP 28370, suggesting that listings move quickly once they're posted, indicating a robust rental market.

N/A is the percentage of price-cut shares for properties in ZIP 28370, implying that sellers are generally able to list their properties at competitive prices without needing to reduce asking prices significantly.

Based on these figures, the Section 8 program remains a viable option for landlords and small-portfolio investors in ZIP 28370, providing steady rental income to those who qualify.

Data Sources: FMR data from HUD (2027).

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.