Housing market/North Carolina/ZIP 27127

ACS 2023 · FY2027 SAFMR

ZIP 27127 Winston Salem, Davidson County, North Carolina

Davidson County, NC HUD Metro FMR Area · North Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
41,450
Households
16,474
Median HH income
$63,822
Renter share
34.8%
Median gross rent
$1,088
Vacancy
9.1%
Pop. change
+3.9%
2BR SAFMR
$1,400
SAFMR / rent
1.287×
2–49 unit stock
3,440
LIHTC proj / units
13 / 790
HUD assisted MF
3 / 16

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 27127 · NC — sent to you.

ZIP 27127 · NC

ACS median rent$1,088
2BR SAFMR$1,400
90% floor$1,260
110% ceiling$1,540

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 27127

  • 1-unit detached12,48068.9%
  • 1-unit attached1,3907.7%
  • 2–4 units7654.2%
  • 5–49 units2,67514.8%
  • 50+ units2691.5%
  • Mobile5473.0%
TypeUnitsShare
1-unit detached12,48068.9%
1-unit attached1,3907.7%
2 units (duplex)1851.0%
3–4 units5803.2%
5–9 units9735.4%
10–19 units1,3797.6%
20–49 units3231.8%
50+ units2691.5%
Mobile5473.0%

2–4 unit share 4.2% · 5–49 unit share 14.8% · combined 2–49 19.0%.

Units by bedrooms

Studio
234
1BR
1,178
2BR
4,760
3BR
10,246
4BR
1,556
5+
152

Rent burden

Rent ≥30% of income37.0%
Rent ≥50% of income14.4%
  • ACS median gross rent $1,088 (all bedrooms, occupied rentals).
  • Median contract rent $841.
  • Renters paying ≥30% of income 37.0%; ≥50% 14.4%.
  • FY2027 2BR SAFMR $1,400 (1.287× ACS median gross rent).

Population

41,450 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 13 projects, 790 units.
  • HUD project-based assisted MF: 3 properties, 16 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 39 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 27127 34.8% of occupied households are renters; vacancy is 9.1%; ACS median gross rent is $1,088; population increased +3.9% between the 2018 and 2023 ACS vintages; the housing stock includes 765 units in 2–4-unit structures and 2,675 units in 5–49-unit structures; 13 LIHTC projects totaling 790 units; FY2027 2BR SAFMR is $1,400 versus ACS median gross rent of $1,088. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

North Carolina research

ZIP 27127 is a Census / HUD profile for Davidson County, NC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is North Carolina research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 27127?

ZIP 27127 (Davidson County, NC HUD Metro FMR Area) has 41,450 residents, 16,474 households, a renter share of 34.8%, median household income of $63,822, and ACS 2023 median gross rent of $1,088. Vacancy is 9.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 27127?

ACS counts 185 units in 2-unit buildings, 580 in 3–4 unit buildings, 973 in 5–9, 1,379 in 10–19, and 323 in 20–49. Combined 2–49 unit stock is 3,440 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 27127?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,400. See the full schedule and 90–110% payment-standard band on the ZIP 27127 — Winston Salem, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 27127 is Census / HUD research for Davidson County, NC HUD Metro FMR Area. Jeff Crowe CRE does not list North Carolina property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.