Location: Brunswick County, NC | Metro: Brunswick County, NC HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,510 |
| 1 Bedroom | $1,570 |
| 2 Bedrooms | $1,710 |
| 3 Bedrooms | $2,240 |
| 4 Bedrooms | $2,620 |
| 5 Bedrooms | $3,039 |
| 6 Bedrooms | $3,404 |
| 7 Bedrooms | $3,676 |
| 8 Bedrooms | $3,860 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,710 | $238,562 | 0.72% | D |
| 3BR | $2,240 | $339,000 | 0.66% | D |
| 4BR | $2,620 | $423,124 | 0.62% | D |
U.S. Census Bureau data (2024)
The dynamics of the ZIP code 28467, encompassing Carolina Shores, NC, reveal a market in motion. With a Fair Market Rent (FMR) set at $1310 for the fiscal year 2024, and a market rent (ZORI) of $1,922, there is a notable gap between subsidized rents and market rates, indicating strong demand for rental properties. The 0.2% price-cut share suggests that few landlords are willing to reduce their asking prices, which is typically a sign of stable or rising rents due to consistent tenant interest.
Average Days on Market (DOM) of 69 days implies that homes are selling relatively quickly, but not as fast as they might in a highly competitive seller's market. This balance between quick sales and moderate pricing suggests a healthy, but not overheated, market for homeownership. The median home value stands at $339,362, which aligns with the notion that the area is attracting buyers who are willing to pay a premium for a home.
The 10.4% renter share points to a predominantly owner-occupied community, yet it also highlights an underlying trend of housing pressure. As the gap between FMR and ZORI widens, it signals that a growing portion of potential homeowners may be finding it increasingly difficult to afford a home, pushing them towards the rental market. Over time, this could lead to a rise in rental demand and potentially increase the renter share, putting upward pressure on both rental and home sale prices.
In summary, the snapshot of ZIP 28467 indicates a market where demand is steady, particularly for rentals, while the supply of homes remains manageable. Landlords and small-portfolio investors can capitalize on the strong rental market, and the relatively quick sales suggest that homeownership opportunities are still present, though at a premium. The current situation is ripe for those who can navigate the balance between rental and ownership investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.