28034
ZIPSAFMR
Gaston County, NC
BRFMR
Eff. Rent
0 BR$910$1,000
1 BR$950$1,050
2 BR$1,050$1,160
3 BR$1,290$1,420
4 BR$1,630$1,790
5 BR$1,874
6 BR$2,156
7 BR$2,479
8 BR$2,851

Purchase Price Calculator

Maximum purchase price
$110,459

Cost breakdown

+Likely effective rent$1,160
HUD FMR$1,050
Market rent$1,330
Est. payment standard (110%)Used$1,160
Estimated payment standard is $1,160 (110% of FMR).
-Principal and interest-$559
Loan amount$88,367
Down payment$22,092
Rate6.50%
Term30 years
-Operating costs-$401
Property taxes-$110
Insurance-$175
Utilities$0
HOA$0
Management-$116
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,859(85.4% ROI)
Projected value
$118,952
Current value$110,459
Return breakdown
Property appreciation+$8,493
Loan principal paid down+$3,166
Rental cash flow+$7,200
5-year hold
+$32,161(145.6% ROI)
Projected value
$124,974
Current value$110,459
Return breakdown
Property appreciation+$14,515
Loan principal paid down+$5,646
Rental cash flow+$12,000
10-year hold
+$68,391(309.6% ROI)
Projected value
$141,397
Current value$110,459
Return breakdown
Property appreciation+$30,938
Loan principal paid down+$13,453
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.73ratio
FMR$910
Market$1,240
vs market-$330

FMR is below market; voucher rent may lag private rents.

90% standard$819 / 0.66 ratio110% standard$1,001 / 0.81 ratio
0.73
1 BR
1 BR
0.81ratio
FMR$950
Market$1,170
vs market-$220

FMR is below market; voucher rent may lag private rents.

90% standard$855 / 0.73 ratio110% standard$1,045 / 0.89 ratio
0.81
2 BR
2 BR
0.79ratio
FMR$1,050
Market$1,330
vs market-$280

FMR is below market; voucher rent may lag private rents.

90% standard$945 / 0.71 ratio110% standard$1,155 / 0.87 ratio
0.79
3 BR
3 BR
0.73ratio
FMR$1,290
Market$1,760
vs market-$470

FMR is below market; voucher rent may lag private rents.

90% standard$1,161 / 0.66 ratio110% standard$1,419 / 0.81 ratio
0.73
4 BR
4 BR
0.82ratio
FMR$1,630
Market$1,980
vs market-$350

FMR is below market; voucher rent may lag private rents.

90% standard$1,467 / 0.74 ratio110% standard$1,793 / 0.91 ratio
0.82
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 28034 (NC) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

28034 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28034 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,050 and the 4 bedroom fair market rent is $1,630.

Use this page for searches like 28034 FMR, 28034 fair market rent, and 28034 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 28034
Bedroom sizeHUD FMR
Studio$910
1 bedroom$950
2 bedroom$1,050
3 bedroom$1,290
4 bedroom$1,630