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Kure Beach, NC

CitySAFMR
New Hanover County
Found 1 ZIP

City Median Investment Score

49Below average

095130300
BRFMR
Eff. Rent
0 BR$1,220$1,340
1 BR$1,610$1,770
2 BR$1,750$1,930
3 BR$2,300$2,530
4 BR$2,300$2,530
5 BR$2,645Not available
6 BR$3,042Not available
7 BR$3,498Not available
8 BR$4,023Not available

Purchase Price Calculator

Maximum purchase price
$224,881

Cost breakdown

+Likely effective rent$1,930
HUD FMR$1,750
Market rent$2,260
Est. payment standard (110%)Used$1,930
-Principal and interest-$1,137
Loan amount$179,905
Down payment$44,976
Rate6.50%
Term30 years
-Operating costs-$593
Property taxes-$225
Insurance-$175
Utilities$0
HOA$0
Management-$193
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,937(68.8% ROI)
Projected value
$242,172
Return breakdown
Property appreciation+$17,291
Loan principal paid down+$6,446
Rental cash flow+$7,200
5-year hold
+$53,045(117.9% ROI)
Projected value
$254,432
Return breakdown
Property appreciation+$29,551
Loan principal paid down+$11,494
Rental cash flow+$12,000
10-year hold
+$114,374(254.3% ROI)
Projected value
$287,866
Return breakdown
Property appreciation+$62,986
Loan principal paid down+$27,388
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.68
1 BR
0.79
2 BR
0.77
3 BR
0.83
4 BR
0.69
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Kure Beach, NC fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Kure Beach, NC is $1,750 a month. That is down 0.6% from $1,760 in FY 2026. Kure Beach is in the Wilmington, NC HUD Metro 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 metro-wide two-bedroom FMR of $1,705. The median county two-bedroom FMR in North Carolina is $1,145, so Kure Beach is 53% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Kure Beach, NC
BedroomsFY 2027Change90–110% range
Studio$1,220+0.8%$1,098–$1,342
1BR$1,6100.0%$1,449–$1,771
2BR$1,750−0.6%$1,575–$1,925
3BR$2,300−0.4%$2,070–$2,530
4BR$2,300−8.7%$2,070–$2,530

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Kure Beach, NC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,220$1,610$1,750$2,300$2,300
FY 2026$1,210$1,610$1,760$2,310$2,520
FY 2025$1,190$1,570$1,740$2,300$2,790
FY 2024$1,240$1,630$1,830$2,420$3,090
FY 2023$1,160$1,500$1,710$2,270$2,910

Questions about Kure Beach, NC rents

How much will Section 8 pay for a two-bedroom in Kure Beach, NC?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,705, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,535 to $1,876 a month; under the ZIP-level Small Area FMR of $1,750 it would be $1,575 to $1,925. 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 Kure Beach, NC in?

Kure Beach, NC is in the Wilmington, NC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,705.

How much did fair market rent change in Kure Beach, NC for FY 2027?

The two-bedroom FMR fell 0.6%, from $1,760 in FY 2026 to $1,750 in FY 2027. Since FY 2023 it has risen 2.3%.

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