28266
ZIPSAFMR
Mecklenburg County, NC
BRFMR
Eff. Rent
0 BR$1,560$1,350
1 BR$1,630$1,160
2 BR$1,790$1,450
3 BR$2,200$1,840
4 BR$2,800$2,260
5 BR$3,220
6 BR$3,703
7 BR$4,258
8 BR$4,897

Purchase Price Calculator

Maximum purchase price
$153,553

Cost breakdown

+Likely effective rent$1,450
HUD FMR$1,790
Market rentUsed$1,450
Est. payment standard (90%)$1,610
Market rent is below the inferred standard ($1,610, 90% of FMR).
-Principal and interest-$776
Loan amount$122,842
Down payment$30,711
Rate6.50%
Term30 years
-Operating costs-$474
Property taxes-$154
Insurance-$175
Utilities$0
HOA$0
Management-$145
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,408(76.2% ROI)
Projected value
$165,360
Current value$153,553
Return breakdown
Property appreciation+$11,807
Loan principal paid down+$4,401
Rental cash flow+$7,200
5-year hold
+$40,027(130.3% ROI)
Projected value
$173,731
Current value$153,553
Return breakdown
Property appreciation+$20,178
Loan principal paid down+$7,848
Rental cash flow+$12,000
10-year hold
+$85,709(279.1% ROI)
Projected value
$196,561
Current value$153,553
Return breakdown
Property appreciation+$43,008
Loan principal paid down+$18,701
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
1.16ratio
FMR$1,560
Market$1,350
vs market+$210

FMR is above market; underwrite to market rent.

90% standard$1,404 / 1.04 ratio110% standard$1,716 / 1.27 ratio
1.16
1 BR
1 BR
1.41ratio
FMR$1,630
Market$1,160
vs market+$470

FMR is above market; underwrite to market rent.

90% standard$1,467 / 1.26 ratio110% standard$1,793 / 1.55 ratio
1.41
2 BR
2 BR
1.23ratio
FMR$1,790
Market$1,450
vs market+$340

FMR is above market; underwrite to market rent.

90% standard$1,611 / 1.11 ratio110% standard$1,969 / 1.36 ratio
1.23
3 BR
3 BR
1.20ratio
FMR$2,200
Market$1,840
vs market+$360

FMR is above market; underwrite to market rent.

90% standard$1,980 / 1.08 ratio110% standard$2,420 / 1.32 ratio
1.20
4 BR
4 BR
1.24ratio
FMR$2,800
Market$2,260
vs market+$540

FMR is above market; underwrite to market rent.

90% standard$2,520 / 1.12 ratio110% standard$3,080 / 1.36 ratio
1.24
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across 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 28266 (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.

28266 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28266 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,790 and the 4 bedroom fair market rent is $2,800.

Use this page for searches like 28266 FMR, 28266 fair market rent, and 28266 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 28266
Bedroom sizeHUD FMR
Studio$1,560
1 bedroom$1,630
2 bedroom$1,790
3 bedroom$2,200
4 bedroom$2,800