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Wilson County/Wilson/27893

27893

ZIPSAFMR
Wilson County, NC
Zillow

ZIP Investment Score

152High yield potential

095130300
BRFMR
Eff. Rent
0 BR$870$960
1 BR$870$960
2 BR$1,100$1,110
3 BR$1,400$1,540
4 BR$1,710$1,780
5 BR$1,966Not available
6 BR$2,261Not available
7 BR$2,601Not available
8 BR$2,991Not available

Purchase Price Calculator

Maximum purchase price
$103,029

Cost breakdown

+Likely effective rent$1,110
HUD FMR$1,100
Market rent$1,110
Est. payment standard (101%)Used$1,110
-Principal and interest-$521
Loan amount$82,423
Down payment$20,606
Rate6.50%
Term30 years
-Operating costs-$389
Property taxes-$103
Insurance-$175
Utilities$0
HOA$0
Management-$111
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,075(87.7% ROI)
Projected value
$110,951
Return breakdown
Property appreciation+$7,922
Loan principal paid down+$2,953
Rental cash flow+$7,200
5-year hold
+$30,805(149.5% ROI)
Projected value
$116,568
Return breakdown
Property appreciation+$13,539
Loan principal paid down+$5,266
Rental cash flow+$12,000
10-year hold
+$65,405(317.4% ROI)
Projected value
$131,886
Return breakdown
Property appreciation+$28,857
Loan principal paid down+$12,548
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.78
1 BR
0.75
2 BR
0.99
3 BR
0.87
4 BR
0.94
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 27893 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 27893 (Wilson, NC) is $1,100 a month. That is up 6.8% from $1,030 in FY 2026. Wilson is in the Wilson 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 $1,069. Among 18 ZIP codes in Wilson County, 27893 is tied for the 9th-highest two-bedroom rent (county range $1,010–$1,220). The median county two-bedroom FMR in North Carolina is $1,145, so ZIP 27893 is 4% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 27893
BedroomsFY 2027Change90–110% range
Studio$870+10.1%$783–$957
1BR$870+8.8%$783–$957
2BR$1,100+6.8%$990–$1,210
3BR$1,400+6.9%$1,260–$1,540
4BR$1,710+10.3%$1,539–$1,881

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 27893
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$870$870$1,100$1,400$1,710
FY 2026$790$800$1,030$1,310$1,550
FY 2025$790$800$1,000$1,300$1,490
FY 2024area FMR$645$767$952$1,213$1,327
FY 2023area FMR$554$669$829$1,045$1,119

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

Two-bedroom rent in nearby Wilson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 27893
27829$1,030−6.4%
27830$1,120+1.8%
27851$1,120+1.8%
27852$1,1000.0%
27873$1,010−8.2%
27880$1,090−0.9%
27883$1,120+1.8%
27888$1,010−8.2%
27893Current$1,100—
27894$1,070−2.7%
27895$1,070−2.7%
27896$1,210+10.0%

Questions about ZIP 27893 rents

How much will Section 8 pay for a two-bedroom in ZIP 27893?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,069, which applies unless the housing authority uses Small Area FMRs, that basic range is $962 to $1,176 a month; under the ZIP-level Small Area FMR of $1,100 it would be $990 to $1,210. 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 ZIP 27893 in?

ZIP 27893 is in the Wilson County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,069.

How much did fair market rent change in ZIP 27893 for FY 2027?

The two-bedroom FMR rose 6.8%, from $1,030 in FY 2026 to $1,100 in FY 2027. Since FY 2025 it has risen 10.0%.

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

County fair market rentWilson, NC fair market rentNC statewide rentsWhat is SAFMR?Data sources