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Gaston County/Gastonia/28052

28052

ZIPSAFMR
Gaston County, NC
Zillow

ZIP Investment Score

103Above average

095130300
BRFMR
Eff. Rent
0 BR$1,150$1,010
1 BR$1,190$1,080
2 BR$1,300$1,380
3 BR$1,590$1,600
4 BR$2,020$1,890
5 BR$2,323Not available
6 BR$2,671Not available
7 BR$3,072Not available
8 BR$3,533Not available

Purchase Price Calculator

Maximum purchase price
$143,151

Cost breakdown

+Likely effective rent$1,380
HUD FMR$1,300
Market rent$1,430
Est. payment standard (107%)Used$1,380
-Principal and interest-$724
Loan amount$114,521
Down payment$28,630
Rate6.50%
Term30 years
-Operating costs-$456
Property taxes-$143
Insurance-$175
Utilities$0
HOA$0
Management-$138
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,310(77.9% ROI)
Projected value
$154,158
Return breakdown
Property appreciation+$11,007
Loan principal paid down+$4,103
Rental cash flow+$7,200
5-year hold
+$38,128(133.2% ROI)
Projected value
$161,962
Return breakdown
Property appreciation+$18,811
Loan principal paid down+$7,317
Rental cash flow+$12,000
10-year hold
+$81,529(284.8% ROI)
Projected value
$183,245
Return breakdown
Property appreciation+$40,094
Loan principal paid down+$17,434
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.14
1 BR
1.10
2 BR
0.91
3 BR
0.99
4 BR
1.07
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 28052 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 28052 (Gastonia, NC) is $1,300 a month. That is up 2.4% from $1,270 in FY 2026. Gastonia is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 20 ZIP codes in Gaston County, 28052 has the 12th-highest two-bedroom rent (county range $1,050–$1,610). The median county two-bedroom FMR in North Carolina is $1,145, so ZIP 28052 is 14% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 28052
BedroomsFY 2027Change90–110% range
Studio$1,150+3.6%$1,035–$1,265
1BR$1,190+2.6%$1,071–$1,309
2BR$1,300+2.4%$1,170–$1,430
3BR$1,590+1.9%$1,431–$1,749
4BR$2,020+1.5%$1,818–$2,222

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 28052
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,150$1,190$1,300$1,590$2,020
FY 2026$1,110$1,160$1,270$1,560$1,990
FY 2025$1,170$1,220$1,350$1,670$2,110
FY 2024$1,010$1,040$1,170$1,460$1,870
FY 2023$900$920$1,040$1,320$1,700

Two-bedroom rent in nearby Gaston County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 28052
28021$1,120−13.8%
28032$1,290−0.8%
28033$1,060−18.5%
28034$1,070−17.7%
28052Current$1,300—
28053$1,350+3.8%
28054$1,520+16.9%
28055$1,350+3.8%
28056$1,390+6.9%
28077$1,080−16.9%
28080$1,330+2.3%
28086$1,050−19.2%

Questions about ZIP 28052 rents

How much will Section 8 pay for a two-bedroom in ZIP 28052?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,300, that basic range is $1,170 to $1,430 a month. 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 28052 in?

ZIP 28052 is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 28052 for FY 2027?

The two-bedroom FMR rose 2.4%, from $1,270 in FY 2026 to $1,300 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

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