Location: Bladen County, NC | Metro: Bladen County, NC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 28392, located in Bladen County, North Carolina, reveals a favorable environment for rental properties. The Fair Market Rent (FMR) set by HUD for the metro area, effective for fiscal year 2026, is $1,060. This figure is higher than the average market rent reported by the Census Bureau's American Community Survey, which stands at $908. As such, voucher tenants in this area would generally cashflow at the FMR level, providing a buffer that ensures profitability for landlords.
The median home value in ZIP 28392 is not available, indicating a predominantly rental market. However, this lack of data on home values does not significantly impact the analysis since the focus is on rental properties. The absence of a median Days on Market (DOM) and the percentage of price cuts also suggests that the local housing market is stable, with few fluctuations in pricing or time to lease. This stability is beneficial for both landlords and small-portfolio investors who seek consistent returns without the volatility often associated with fluctuating real estate markets.
The primary advantage for investors in ZIP 28392 is cashflow. With HUD's FMR exceeding the current market rent, landlords can expect a positive cashflow when leasing to voucher tenants. This scenario is particularly attractive for those interested in generating steady income from their investments. Furthermore, the stable nature of the market, indicated by the lack of significant price cuts or prolonged periods on the market, supports the reliability of this cashflow. Investors should focus on securing properties within the ZIP code to capitalize on these favorable conditions.
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.