Location: Columbus County, NC | Metro: Brunswick County, NC HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,220 |
| 1 Bedroom | $1,230 |
| 2 Bedrooms | $1,440 |
| 3 Bedrooms | $1,790 |
| 4 Bedrooms | $2,160 |
| 5 Bedrooms | $2,506 |
| 6 Bedrooms | $2,807 |
| 7 Bedrooms | $3,032 |
| 8 Bedrooms | $3,184 |
U.S. Census Bureau data (2024)
The ZIP code 28436 presents a dynamic rental market influenced by the Federal Market Rent (FMR) set at $1130 for fiscal year 2024. This figure closely aligns with the market rent observed in the area, which stands at $1,154 according to the latest Census American Community Survey (ACS) data. The similarity between the FMR and the actual market rent suggests that the rental prices are relatively stable and reflective of government benchmarks, indicating a well-regulated environment.
The median home value in ZIP 28436 is $195,009, which is a significant metric for understanding the overall property value trends. While the data on price-cut share and days on market (DOM) is not available, the high percentage of renters—38.9%—indicates a substantial portion of the population opts for rental housing over homeownership. This trend points towards long-term housing pressure, as a larger share of residents choosing to rent can signal affordability issues or a preference for flexibility in housing choices.
In a market where the renter share is so prominent, it's likely that demand for rental properties is robust. Landlords and small-portfolio investors should consider this a sign of consistent rental activity, but also be aware of the potential for increased competition among rental units. The dynamics suggest that while there might not be an immediate oversupply of rental units, the high renter share could indicate a sustained need for affordable housing options, making it a favorable market for those who can offer competitive pricing and quality accommodations.
Given the current snapshot, the market appears to be one where demand is strong enough to support the existing rental prices without significant downward pressure, as evidenced by the lack of price cuts and the close alignment between FMR and market rents. For investors, this ZIP code offers a steady, albeit competitive, opportunity to capitalize on the ongoing housing pressures by providing rental units that meet the needs of the local population.
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.