28547

ZIPSAFMR

Onslow County, NC

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,280	$1,190	3.6%
1 BR	$1,290	$1,050	-0.5%
2 BR	$1,580	$1,200	-0.8%
3 BR	$2,190	$1,650	-1.3%
4 BR	$2,640	$1,760	-1.4%
5 BR	$3,036	Not available	-1.3%
6 BR	$3,491	Not available	-1.4%
7 BR	$4,015	Not available	-1.3%
8 BR	$4,617	Not available	-1.4%

Purchase Price Calculator

Maximum purchase price

$116,403

Cost breakdown

+Likely effective rent$1,200

HUD FMR$1,580

Market rentUsed$1,200

Est. payment standard (90%)$1,420

-Principal and interest-$589

Loan amount$93,122

Down payment$23,281

Rate6.50%

Term30 years

-Operating costs-$411

Property taxes-$116

Insurance-$175

Utilities$0

HOA$0

Management-$120

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$19,487(83.7% ROI)

Projected value

$125,353

Return breakdown

Property appreciation+$8,950

Loan principal paid down+$3,336

Rental cash flow+$7,200

5-year hold

+$33,246(142.8% ROI)

Projected value

$131,699

Return breakdown

Property appreciation+$15,296

Loan principal paid down+$5,950

Rental cash flow+$12,000

10-year hold

+$70,780(304.0% ROI)

Projected value

$149,006

Return breakdown

Property appreciation+$32,603

Loan principal paid down+$14,177

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.08ratio

FMR$1,280

Market$1,190

vs market+$90

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

1.08

1 BR

1.23ratio

FMR$1,290

Market$1,050

vs market+$240

FMR is above market; underwrite to market rent.

1.23

2 BR

1.32ratio

FMR$1,580

Market$1,200

vs market+$380

FMR is above market; underwrite to market rent.

1.32

3 BR

1.33ratio

FMR$2,190

Market$1,650

vs market+$540

FMR is above market; underwrite to market rent.

1.33

4 BR

1.50ratio

FMR$2,640

Market$1,760

vs market+$880

FMR is above market; underwrite to market rent.

1.50

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 28547 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 28547 (Camp Lejeune, NC) is $1,580 a month. That is up 9.7% from $1,440 in FY 2026. Camp Lejeune is in the Jacksonville, NC MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,319. Among 19 ZIP codes in Onslow County, 28547 is tied for the 4th-highest two-bedroom rent (county range $1,060–$1,870). The median county two-bedroom FMR in North Carolina is $1,145, so ZIP 28547 is 38% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 28547
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,140	$1,280	+12.3%	$1,152–$1,408
1BR	$1,150	$1,290	+12.2%	$1,161–$1,419
2BR	$1,440	$1,580	+9.7%	$1,422–$1,738
3BR	$2,000	$2,190	+9.5%	$1,971–$2,409
4BR	$2,420	$2,640	+9.1%	$2,376–$2,904

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 28547
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,280	$1,290	$1,580	$2,190	$2,640
FY 2026	$1,140	$1,150	$1,440	$2,000	$2,420
FY 2025	$1,110	$1,180	$1,460	$2,060	$2,480
FY 2024	$1,150	$1,310	$1,620	$2,280	$2,750
FY 2023	$860	$1,030	$1,230	$1,750	$2,100

Two-bedroom rent in nearby Onslow County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 28547
28521	$1,100	−30.4%
28539	$1,270	−19.6%
28540	$1,250	−20.9%
28541	$1,320	−16.5%
28542	$1,870	+18.4%
28543	$1,530	−3.2%
28544	$1,290	−18.4%
28545	$1,320	−16.5%
28546	$1,360	−13.9%
28547Current	$1,580	—
28555	$1,310	−17.1%
28572	$1,060	−32.9%

Questions about ZIP 28547 rents

How much will Section 8 pay for a two-bedroom in ZIP 28547?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,319, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,187 to $1,451 a month; under the ZIP-level Small Area FMR of $1,580 it would be $1,422 to $1,738. 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 28547 in?

ZIP 28547 is in the Jacksonville, NC MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,319.

How much did fair market rent change in ZIP 28547 for FY 2027?

The two-bedroom FMR rose 9.7%, from $1,440 in FY 2026 to $1,580 in FY 2027. Since FY 2023 it has risen 28.5%.

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 rent Camp Lejeune, NC fair market rent NC statewide rents What is SAFMR?Data sources