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NC/Onslow County/Holly Ridge

Holly Ridge, NC

CitySAFMR
Onslow County
Found 1 ZIP

City Median Investment Score

52Below average

095130300
BRFMR
Eff. Rent
0 BR$1,110$1,220
1 BR$1,180$1,300
2 BR$1,400$1,540
3 BR$1,950$1,950
4 BR$2,350$2,390
5 BR$2,703Not available
6 BR$3,108Not available
7 BR$3,574Not available
8 BR$4,110Not available

Purchase Price Calculator

Maximum purchase price
$166,927

Cost breakdown

+Likely effective rent$1,540
HUD FMR$1,400
Market rent$1,620
Est. payment standard (110%)Used$1,540
-Principal and interest-$844
Loan amount$133,542
Down payment$33,385
Rate6.50%
Term30 years
-Operating costs-$496
Property taxes-$167
Insurance-$175
Utilities$0
HOA$0
Management-$154
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,820(74.3% ROI)
Projected value
$179,762
Return breakdown
Property appreciation+$12,835
Loan principal paid down+$4,784
Rental cash flow+$7,200
5-year hold
+$42,468(127.2% ROI)
Projected value
$188,862
Return breakdown
Property appreciation+$21,936
Loan principal paid down+$8,532
Rental cash flow+$12,000
10-year hold
+$91,084(272.8% ROI)
Projected value
$213,681
Return breakdown
Property appreciation+$46,754
Loan principal paid down+$20,330
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.59
1 BR
0.75
2 BR
0.86
3 BR
1.00
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Holly Ridge, NC fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Holly Ridge, NC is $1,400 a month. That is up 2.2% from $1,370 in FY 2026. Holly Ridge is in the Jacksonville, NC MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,319. The median county two-bedroom FMR in North Carolina is $1,145, so Holly Ridge is 22% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Holly Ridge, NC
BedroomsFY 2027Change90–110% range
Studio$1,110−0.9%$999–$1,221
1BR$1,180+3.5%$1,062–$1,298
2BR$1,400+2.2%$1,260–$1,540
3BR$1,950+2.1%$1,755–$2,145
4BR$2,350+1.7%$2,115–$2,585

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Holly Ridge, NC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,110$1,180$1,400$1,950$2,350
FY 2026$1,120$1,140$1,370$1,910$2,310
FY 2025$1,010$1,090$1,340$1,880$2,250
FY 2024$1,000$1,190$1,430$2,010$2,400
FY 2023$780$960$1,120$1,580$1,860

Questions about Holly Ridge, NC rents

How much will Section 8 pay for a two-bedroom in Holly Ridge, NC?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,319, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,187 to $1,451 a month; under the ZIP-level Small Area FMR of $1,400 it would be $1,260 to $1,540. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Holly Ridge, NC in?

Holly Ridge, NC is in the Jacksonville, NC MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,319.

How much did fair market rent change in Holly Ridge, NC for FY 2027?

The two-bedroom FMR rose 2.2%, from $1,370 in FY 2026 to $1,400 in FY 2027. Since FY 2023 it has risen 25.0%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set