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NC/Richmond County/Jackson Springs

Jackson Springs, NC

CitySAFMR
Richmond County
Found 1 ZIP

City Median Investment Score

65Below average

095130300
BRFMR
Eff. Rent
0 BR$1,050$1,160
1 BR$1,120$1,230
2 BR$1,230$1,350
3 BR$1,710$1,880
4 BR$2,060$2,270
5 BR$2,369Not available
6 BR$2,724Not available
7 BR$3,133Not available
8 BR$3,603Not available

Purchase Price Calculator

Maximum purchase price
$138,693

Cost breakdown

+Likely effective rent$1,350
HUD FMR$1,230
Market rent$1,940
Est. payment standard (110%)Used$1,350
-Principal and interest-$701
Loan amount$110,954
Down payment$27,739
Rate6.50%
Term30 years
-Operating costs-$449
Property taxes-$139
Insurance-$175
Utilities$0
HOA$0
Management-$135
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,839(78.7% ROI)
Projected value
$149,357
Return breakdown
Property appreciation+$10,664
Loan principal paid down+$3,975
Rental cash flow+$7,200
5-year hold
+$37,314(134.5% ROI)
Projected value
$156,918
Return breakdown
Property appreciation+$18,225
Loan principal paid down+$7,089
Rental cash flow+$12,000
10-year hold
+$79,737(287.5% ROI)
Projected value
$177,539
Return breakdown
Property appreciation+$38,846
Loan principal paid down+$16,892
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.61
1 BR
0.74
2 BR
0.63
3 BR
0.83
4 BR
0.86
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Jackson Springs, NC fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Jackson Springs, NC is $1,230 a month. That is up 7.9% from $1,140 in FY 2026. Jackson Springs is in the Richmond County, NC non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,012. The median county two-bedroom FMR in North Carolina is $1,145, so Jackson Springs is 7% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Jackson Springs, NC
BedroomsFY 2027Change90–110% range
Studio$1,050+8.2%$945–$1,155
1BR$1,120+8.7%$1,008–$1,232
2BR$1,230+7.9%$1,107–$1,353
3BR$1,710+8.2%$1,539–$1,881
4BR$2,060+7.3%$1,854–$2,266

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Jackson Springs, NC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,120$1,230$1,710$2,060
FY 2026$970$1,030$1,140$1,580$1,920
FY 2025$870$890$1,010$1,400$1,700
FY 2024area FMR$720$762$856$1,206$1,453
FY 2023area FMR$642$683$771$1,096$1,313

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Jackson Springs, NC rents

How much will Section 8 pay for a two-bedroom in Jackson Springs, NC?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,012, which applies unless the housing authority uses Small Area FMRs, that basic range is $911 to $1,113 a month; under the ZIP-level Small Area FMR of $1,230 it would be $1,107 to $1,353. 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 Jackson Springs, NC in?

Jackson Springs, NC is in the Richmond County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,012.

How much did fair market rent change in Jackson Springs, NC for FY 2027?

The two-bedroom FMR rose 7.9%, from $1,140 in FY 2026 to $1,230 in FY 2027. Since FY 2025 it has risen 21.8%.

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