Housing market/North Carolina/ZIP 27215

ACS 2023 · FY2027 SAFMR

ZIP 27215 Burlington, North Carolina

Greensboro-High Point, 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
45,967
Households
20,082
Median HH income
$66,669
Renter share
39.0%
Median gross rent
$1,112
Vacancy
8.1%
Pop. change
+11.6%
2BR SAFMR
$1,500
SAFMR / rent
1.349×
2–49 unit stock
6,242
LIHTC proj / units
6 / 467
HUD assisted MF
8 / 329

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 27215 · NC — sent to you.

ZIP 27215 · NC

ACS median rent$1,112
2BR SAFMR$1,500
90% floor$1,350
110% ceiling$1,650

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

Housing stock

ACS 2023 units-in-structure · ZCTA 27215

  • 1-unit detached12,63657.9%
  • 1-unit attached1,3826.3%
  • 2–4 units1,7948.2%
  • 5–49 units4,44820.4%
  • 50+ units6763.1%
  • Mobile8724.0%
TypeUnitsShare
1-unit detached12,63657.8%
1-unit attached1,3826.3%
2 units (duplex)6953.2%
3–4 units1,0995.0%
5–9 units1,7698.1%
10–19 units1,6107.4%
20–49 units1,0694.9%
50+ units6763.1%
Mobile8724.0%

2–4 unit share 8.2% · 5–49 unit share 20.4% · combined 2–49 28.6%.

Units by bedrooms

Studio
558
1BR
2,419
2BR
6,477
3BR
8,843
4BR
2,554
5+
1,003

Rent burden

Rent ≥30% of income42.5%
Rent ≥50% of income20.7%
  • ACS median gross rent $1,112 (all bedrooms, occupied rentals).
  • Median contract rent $948.
  • Renters paying ≥30% of income 42.5%; ≥50% 20.7%.
  • FY2027 2BR SAFMR $1,500 (1.349× ACS median gross rent).

Population

45,967 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +11.6%.

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

Assisted inventory

  • LIHTC: 6 projects, 467 units.
  • HUD project-based assisted MF: 8 properties, 329 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 343 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 27215 39.0% of occupied households are renters; vacancy is 8.1%; ACS median gross rent is $1,112; population increased +11.6% between the 2018 and 2023 ACS vintages; the housing stock includes 1,794 units in 2–4-unit structures and 4,448 units in 5–49-unit structures; 6 LIHTC projects totaling 467 units; FY2027 2BR SAFMR is $1,500 versus ACS median gross rent of $1,112. 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 27215 is a Census / HUD profile for Greensboro-High Point, 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 27215?

ZIP 27215 (Greensboro-High Point, NC HUD Metro FMR Area) has 45,967 residents, 20,082 households, a renter share of 39.0%, median household income of $66,669, and ACS 2023 median gross rent of $1,112. Vacancy is 8.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 27215?

ACS counts 695 units in 2-unit buildings, 1,099 in 3–4 unit buildings, 1,769 in 5–9, 1,610 in 10–19, and 1,069 in 20–49. Combined 2–49 unit stock is 6,242 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 27215?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,500. See the full schedule and 90–110% payment-standard band on the ZIP 27215 — Burlington, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 27215 is Census / HUD research for Greensboro-High Point, 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.