North Carolina premium ZIP codes, ranked
| # | ZIP | Location | Voucher rent (2BR) | Voucher rent (3BR) | Typical market rent | Premium | Basis | |
|---|---|---|---|---|---|---|---|---|
| 1 | 28312 | FayettevilleCumberland County | $1,476 | $1,937 | $955 | +55% | County FMR | Analyze deal |
| 2 | 28204 | CharlotteMecklenburg County | $2,380 | $2,910 | $1,671 | +42% | ZIP SAFMR | Analyze deal |
| 3 | 28202 | CharlotteMecklenburg County | $2,680 | $3,270 | $1,899 | +41% | ZIP SAFMR | Analyze deal |
| 4 | 28210 | CharlotteMecklenburg County | $1,940 | $2,370 | $1,406 | +38% | ZIP SAFMR | Analyze deal |
| 5 | 28273 | CharlotteMecklenburg County | $2,200 | $2,690 | $1,609 | +37% | ZIP SAFMR | Analyze deal |
| 6 | 28262 | CharlotteMecklenburg County | $2,060 | $2,520 | $1,512 | +36% | ZIP SAFMR | Analyze deal |
| 7 | 28270 | CharlotteMecklenburg County | $2,080 | $2,540 | $1,530 | +36% | ZIP SAFMR | Analyze deal |
| 8 | 27612 | RaleighWake County | $1,950 | $2,430 | $1,478 | +32% | ZIP SAFMR | Analyze deal |
| 9 | 28203 | CharlotteMecklenburg County | $2,680 | $3,270 | $2,051 | +31% | ZIP SAFMR | Analyze deal |
| 10 | 28212 | CharlotteMecklenburg County | $1,750 | $2,140 | $1,340 | +31% | ZIP SAFMR | Analyze deal |
| 11 | 27560 | MorrisvilleWake County | $2,120 | $2,640 | $1,662 | +28% | ZIP SAFMR | Analyze deal |
| 12 | 28217 | CharlotteMecklenburg County | $2,030 | $2,480 | $1,617 | +26% | ZIP SAFMR | Analyze deal |
| 13 | 27609 | RaleighWake County | $1,730 | $2,150 | $1,381 | +25% | ZIP SAFMR | Analyze deal |
| 14 | 27615 | RaleighWake County | $1,880 | $2,340 | $1,501 | +25% | ZIP SAFMR | Analyze deal |
| 15 | 27617 | RaleighWake County | $1,910 | $2,370 | $1,538 | +24% | ZIP SAFMR | Analyze deal |
| 16 | 27613 | RaleighWake County | $1,690 | $2,110 | $1,373 | +23% | ZIP SAFMR | Analyze deal |
| 17 | 27410 | GreensboroGuilford County | $1,700 | $2,200 | $1,395 | +22% | ZIP SAFMR | Analyze deal |
| 18 | 28704 | ArdenBuncombe County | $1,866 | $2,223 | $1,537 | +21% | County FMR | Analyze deal |
| 19 | 27707 | DurhamDurham County | $1,745 | $2,161 | $1,458 | +20% | County FMR | Analyze deal |
| 20 | 27801 | Rocky MountEdgecombe County | $1,167 | $1,567 | $977 | +19% | County FMR | Analyze deal |
| 21 | 28277 | CharlotteMecklenburg County | $2,340 | $2,860 | $1,974 | +19% | ZIP SAFMR | Analyze deal |
| 22 | 27104 | Winston-SalemForsyth County | $1,590 | $2,090 | $1,347 | +18% | ZIP SAFMR | Analyze deal |
| 23 | 28105 | MatthewsMecklenburg County | $1,970 | $2,410 | $1,674 | +18% | ZIP SAFMR | Analyze deal |
| 24 | 28079 | Lake ParkUnion County | $2,360 | $2,880 | $2,020 | +17% | ZIP SAFMR | Analyze deal |
| 25 | 28804 | AshevilleBuncombe County | $1,866 | $2,223 | $1,612 | +16% | County FMR | Analyze deal |
| 26 | 27278 | HillsboroughOrange County | $1,745 | $2,161 | $1,516 | +15% | County FMR | Analyze deal |
| 27 | 27539 | ApexWake County | $1,990 | $2,480 | $1,729 | +15% | ZIP SAFMR | Analyze deal |
| 28 | 28792 | HendersonvilleHenderson County | $1,866 | $2,223 | $1,621 | +15% | County FMR | Analyze deal |
| 29 | 28311 | FayettevilleCumberland County | $1,476 | $1,937 | $1,285 | +15% | County FMR | Analyze deal |
| 30 | 28209 | CharlotteMecklenburg County | $1,930 | $2,360 | $1,685 | +15% | ZIP SAFMR | Analyze deal |
| 31 | 28031 | CorneliusMecklenburg County | $2,000 | $2,440 | $1,750 | +14% | ZIP SAFMR | Analyze deal |
| 32 | 27705 | DurhamDurham County | $1,745 | $2,161 | $1,536 | +14% | County FMR | Analyze deal |
| 33 | 27540 | Holly SpringsWake County | $2,060 | $2,570 | $1,816 | +13% | ZIP SAFMR | Analyze deal |
| 34 | 28278 | CharlotteMecklenburg County | $2,120 | $2,590 | $1,875 | +13% | ZIP SAFMR | Analyze deal |
| 35 | 27106 | Winston-SalemForsyth County | $1,500 | $1,980 | $1,327 | +13% | ZIP SAFMR | Analyze deal |
| 36 | 27513 | CaryWake County | $1,840 | $2,290 | $1,629 | +13% | ZIP SAFMR | Analyze deal |
| 37 | 27713 | DurhamDurham County | $1,745 | $2,161 | $1,544 | +13% | County FMR | Analyze deal |
| 38 | 28805 | AshevilleBuncombe County | $1,866 | $2,223 | $1,652 | +13% | County FMR | Analyze deal |
| 39 | 27519 | CaryWake County | $2,140 | $2,660 | $1,899 | +13% | ZIP SAFMR | Analyze deal |
| 40 | 27614 | RaleighWake County | $1,750 | $2,180 | $1,556 | +13% | ZIP SAFMR | Analyze deal |
| 41 | 27606 | RaleighWake County | $1,660 | $2,070 | $1,478 | +12% | ZIP SAFMR | Analyze deal |
| 42 | 28269 | CharlotteMecklenburg County | $2,060 | $2,520 | $1,835 | +12% | ZIP SAFMR | Analyze deal |
| 43 | 27518 | CaryWake County | $1,800 | $2,240 | $1,609 | +12% | ZIP SAFMR | Analyze deal |
| 44 | 28226 | CharlotteMecklenburg County | $1,830 | $2,230 | $1,638 | +12% | ZIP SAFMR | Analyze deal |
| 45 | 27510 | CarrboroOrange County | $1,745 | $2,161 | $1,564 | +12% | County FMR | Analyze deal |
| 46 | 28803 | AshevilleBuncombe County | $1,866 | $2,223 | $1,679 | +11% | County FMR | Analyze deal |
| 47 | 28303 | FayettevilleCumberland County | $1,476 | $1,937 | $1,330 | +11% | County FMR | Analyze deal |
| 48 | 28078 | HuntersvilleMecklenburg County | $2,150 | $2,620 | $1,938 | +11% | ZIP SAFMR | Analyze deal |
| 49 | 27886 | TarboroEdgecombe County | $1,167 | $1,567 | $1,063 | +10% | County FMR | Analyze deal |
| 50 | 28304 | FayettevilleCumberland County | $1,476 | $1,937 | $1,351 | +9% | County FMR | Analyze deal |
| 51 | 28412 | WilmingtonNew Hanover County | $1,705 | $2,238 | $1,562 | +9% | County FMR | Analyze deal |
| 52 | 27514 | Chapel HillOrange County | $1,745 | $2,161 | $1,604 | +9% | County FMR | Analyze deal |
| 53 | 27105 | Winston-SalemForsyth County | $1,220 | $1,610 | $1,122 | +9% | ZIP SAFMR | Analyze deal |
| 54 | 28314 | FayettevilleCumberland County | $1,476 | $1,937 | $1,359 | +9% | County FMR | Analyze deal |
| 55 | 27607 | RaleighWake County | $1,730 | $2,150 | $1,594 | +9% | ZIP SAFMR | Analyze deal |
| 56 | 28147 | SalisburyRowan County | $1,262 | $1,604 | $1,170 | +8% | County FMR | Analyze deal |
| 57 | 28787 | WeavervilleBuncombe County | $1,866 | $2,223 | $1,730 | +8% | County FMR | Analyze deal |
| 58 | 28213 | CharlotteMecklenburg County | $1,650 | $2,010 | $1,548 | +7% | ZIP SAFMR | Analyze deal |
| 59 | 27709 | DurhamDurham County | $1,745 | $2,161 | $1,638 | +7% | County FMR | Analyze deal |
| 60 | 27870 | Roanoke RapidsHalifax County | $1,012 | $1,375 | $950 | +7% | County FMR | Analyze deal |
| 61 | 28075 | HarrisburgCabarrus County | $2,680 | $3,270 | $2,519 | +6% | ZIP SAFMR | Analyze deal |
| 62 | 27536 | HendersonVance County | $1,012 | $1,261 | $955 | +6% | County FMR | Analyze deal |
| 63 | 27527 | ClaytonJohnston County | $1,900 | $2,370 | $1,797 | +6% | ZIP SAFMR | Analyze deal |
| 64 | 28301 | FayettevilleCumberland County | $1,476 | $1,937 | $1,401 | +5% | County FMR | Analyze deal |
| 65 | 28739 | HendersonvilleHenderson County | $1,866 | $2,223 | $1,773 | +5% | County FMR | Analyze deal |
| 66 | 27545 | KnightdaleWake County | $1,780 | $2,220 | $1,696 | +5% | ZIP SAFMR | Analyze deal |
| 67 | 28801 | AshevilleBuncombe County | $1,866 | $2,223 | $1,777 | +5% | County FMR | Analyze deal |
| 68 | 27616 | RaleighWake County | $1,740 | $2,170 | $1,658 | +5% | ZIP SAFMR | Analyze deal |
| 69 | 27407 | GreensboroGuilford County | $1,380 | $1,790 | $1,317 | +5% | ZIP SAFMR | Analyze deal |
| 70 | 27517 | Chapel HillOrange County | $1,745 | $2,161 | $1,669 | +5% | County FMR | Analyze deal |
| 71 | 28216 | CharlotteMecklenburg County | $1,840 | $2,250 | $1,761 | +5% | ZIP SAFMR | Analyze deal |
| 72 | 28305 | FayettevilleCumberland County | $1,476 | $1,937 | $1,412 | +5% | County FMR | Analyze deal |
| 73 | 27701 | DurhamDurham County | $1,745 | $2,161 | $1,671 | +4% | County FMR | Analyze deal |
| 74 | 28227 | Mint HillMecklenburg County | $1,770 | $2,160 | $1,695 | +4% | ZIP SAFMR | Analyze deal |
| 75 | 27215 | BurlingtonAlamance County | $1,348 | $1,658 | $1,292 | +4% | County FMR | Analyze deal |
Premium compares the 2-bedroom voucher rent to the ZIP's typical asking rent across all home sizes. Rent data provided by Zillow Research.
How these numbers are calculated
- Voucher rent is the HUD FY2027 2-bedroom Small Area Fair Market Rent (SAFMR) where it applies, otherwise the county or metro Fair Market Rent. This is the basis housing authorities use to set payment standards, typically 90 to 110 percent of it, and it is a gross rent that includes a utility allowance.
- Typical market rent is the Zillow Observed Rent Index (ZORI) for the ZIP code as of September 2026, a smoothed measure of asking rents across all home types and sizes. Rent data provided by Zillow Research.
- Premium compares the 2-bedroom voucher rent against that blended market figure, which is the conservative comparison. Premiums for 3 and 4 bedroom homes are often larger.
- The premium is a screening signal, not a guarantee. Housing authorities run a rent reasonableness review against unassisted comparables before approving any contract rent, and the payment standard is a ceiling, not an entitlement. Always verify with the local housing authority.
Sources: HUD Fair Market Rents and Zillow Research (ZORI). FMRs effective October 1 each year; ZORI updates monthly.
Frequently asked questions
- Which ZIP code in North Carolina has the biggest Section 8 premium?
- 28312 (Fayetteville) currently shows the largest gap: the 2-bedroom voucher rent basis is $1,476 against a typical market rent of $955, a +55% premium.
- How many ZIP codes in North Carolina pay above market rent?
- Of the 258 North Carolina ZIP codes with both HUD and market rent data, 90 currently show a voucher rent basis above the typical asking rent.
- Can I actually charge the full amount shown here?
- Not automatically. The housing authority sets a payment standard between 90 and 110 percent of the FMR or SAFMR, and every lease passes a rent reasonableness review against comparable unassisted units. Treat the premium as a screening signal for where to look, then verify with the local housing authority.