28173
ZIPSAFMR
Union County, NC
BRFMR
Eff. Rent
0 BR$1,730$1,600
1 BR$1,820$1,660
2 BR$1,990$1,740
3 BR$2,450$1,910
4 BR$3,110$2,330
5 BR$3,576
6 BR$4,113
7 BR$4,730
8 BR$5,439

Purchase Price Calculator

Maximum purchase price
$196,647

Cost breakdown

+Likely effective rent$1,740
HUD FMR$1,990
Market rentUsed$1,740
Est. payment standard (92%)$1,830
Market rent is below the inferred standard ($1,830, 92% of FMR).
-Principal and interest-$994
Loan amount$157,317
Down payment$39,329
Rate6.50%
Term30 years
-Operating costs-$546
Property taxes-$197
Insurance-$175
Utilities$0
HOA$0
Management-$174
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,957(71.1% ROI)
Projected value
$211,767
Current value$196,647
Return breakdown
Property appreciation+$15,120
Loan principal paid down+$5,636
Rental cash flow+$7,200
5-year hold
+$47,892(121.8% ROI)
Projected value
$222,488
Current value$196,647
Return breakdown
Property appreciation+$25,841
Loan principal paid down+$10,051
Rental cash flow+$12,000
10-year hold
+$103,028(262.0% ROI)
Projected value
$251,725
Current value$196,647
Return breakdown
Property appreciation+$55,078
Loan principal paid down+$23,950
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
1.08ratio
FMR$1,730
Market$1,600
vs market+$130

FMR is near market; voucher and private rents are aligned.

90% standard$1,557 / 0.97 ratio110% standard$1,903 / 1.19 ratio
1.08
1 BR
1 BR
1.10ratio
FMR$1,820
Market$1,660
vs market+$160

FMR is near market; voucher and private rents are aligned.

90% standard$1,638 / 0.99 ratio110% standard$2,002 / 1.21 ratio
1.10
2 BR
2 BR
1.14ratio
FMR$1,990
Market$1,740
vs market+$250

FMR is above market; underwrite to market rent.

90% standard$1,791 / 1.03 ratio110% standard$2,189 / 1.26 ratio
1.14
3 BR
3 BR
1.28ratio
FMR$2,450
Market$1,910
vs market+$540

FMR is above market; underwrite to market rent.

90% standard$2,205 / 1.15 ratio110% standard$2,695 / 1.41 ratio
1.28
4 BR
4 BR
1.33ratio
FMR$3,110
Market$2,330
vs market+$780

FMR is above market; underwrite to market rent.

90% standard$2,799 / 1.20 ratio110% standard$3,421 / 1.47 ratio
1.33
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit 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 28173 (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.

28173 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28173 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,990 and the 4 bedroom fair market rent is $3,110.

Use this page for searches like 28173 FMR, 28173 fair market rent, and 28173 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 28173
Bedroom sizeHUD FMR
Studio$1,730
1 bedroom$1,820
2 bedroom$1,990
3 bedroom$2,450
4 bedroom$3,110