28086
ZIPSAFMR
Cleveland County, NC
BRFMR
Eff. Rent
0 BR$800$880
1 BR$820$900
2 BR$970$1,070
3 BR$1,320$1,450
4 BR$1,410$1,550
5 BR$1,621
6 BR$1,865
7 BR$2,144
8 BR$2,466

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMR$970
Market rent$1,130
Est. payment standard (110%)Used$1,070
Estimated payment standard is $1,070 (110% of FMR).
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Current value$97,085
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Current value$97,085
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Current value$97,085
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
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
0.61ratio
FMR$800
Market$1,320
vs market-$520

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

90% standard$720 / 0.55 ratio110% standard$880 / 0.67 ratio
0.61
1 BR
1 BR
0.74ratio
FMR$820
Market$1,110
vs market-$290

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

90% standard$738 / 0.66 ratio110% standard$902 / 0.81 ratio
0.74
2 BR
2 BR
0.86ratio
FMR$970
Market$1,130
vs market-$160

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

90% standard$873 / 0.77 ratio110% standard$1,067 / 0.94 ratio
0.86
3 BR
3 BR
0.76ratio
FMR$1,320
Market$1,740
vs market-$420

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

90% standard$1,188 / 0.68 ratio110% standard$1,452 / 0.83 ratio
0.76
4 BR
4 BR
0.72ratio
FMR$1,410
Market$1,970
vs market-$560

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

90% standard$1,269 / 0.64 ratio110% standard$1,551 / 0.79 ratio
0.72
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 28086 (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.

28086 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28086 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $970 and the 4 bedroom fair market rent is $1,410.

Use this page for searches like 28086 FMR, 28086 fair market rent, and 28086 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 28086
Bedroom sizeHUD FMR
Studio$800
1 bedroom$820
2 bedroom$970
3 bedroom$1,320
4 bedroom$1,410