Housing market/North Carolina/ZIP 27568

ACS 2023 · FY2027 SAFMR

ZIP 27568 Pine Level, North Carolina

Raleigh-Cary, NC MSA · North Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,563
Households
544
Median HH income
$72,639
Renter share
19.3%
Median gross rent
$881
Vacancy
13.7%
Pop. change
+162.3%
2BR SAFMR
$1,220
SAFMR / rent
1.385×
2–49 unit stock
59
LIHTC proj / units
—
HUD assisted MF
1 / 6

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 27568 · NC — sent to you.

ZIP 27568 · NC

ACS median rent$881
2BR SAFMR$1,220
90% floor$1,098
110% ceiling$1,342

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

Housing stock

ACS 2023 units-in-structure · ZCTA 27568

  • 1-unit detached51081.0%
  • 1-unit attached406.3%
  • 2–4 units599.4%
  • Mobile213.3%
TypeUnitsShare
1-unit detached51081.0%
1-unit attached406.3%
2 units (duplex)457.1%
3–4 units142.2%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile213.3%

2–4 unit share 9.4% · 5–49 unit share 0.0% · combined 2–49 9.4%.

Units by bedrooms

Studio
0
1BR
29
2BR
213
3BR
303
4BR
68
5+
17

Rent burden

Rent ≥30% of income42.9%
Rent ≥50% of income9.5%
  • ACS median gross rent $881 (all bedrooms, occupied rentals).
  • Median contract rent $619.
  • Renters paying ≥30% of income 42.9%; ≥50% 9.5%.
  • FY2027 2BR SAFMR $1,220 (1.385× ACS median gross rent).

Population

1,563 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +162.3%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 1 properties, 6 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 358 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 27568 19.3% of occupied households are renters; vacancy is 13.7%; ACS median gross rent is $881; population increased +162.3% between the 2018 and 2023 ACS vintages; the housing stock includes 59 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,220 versus ACS median gross rent of $881. 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 27568 is a Census / HUD profile for Raleigh-Cary, 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 27568?

ZIP 27568 (Raleigh-Cary, NC MSA) has 1,563 residents, 544 households, a renter share of 19.3%, median household income of $72,639, and ACS 2023 median gross rent of $881. Vacancy is 13.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 27568?

ACS counts 45 units in 2-unit buildings, 14 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 59 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 27568?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,220. See the full schedule and 90–110% payment-standard band on the ZIP 27568 — Pine Level, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 27568 is Census / HUD research for Raleigh-Cary, NC MSA. 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.