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Housing market/North Carolina/ZIP 27610

ACS 2023 · FY2027 SAFMR

ZIP 27610 Raleigh, 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
80,173
Households
27,695
Median HH income
$66,245
Renter share
39.6%
Median gross rent
$1,319
Vacancy
5.3%
Pop. change
+2.2%
2BR SAFMR
$1,420
SAFMR / rent
1.077×
2–49 unit stock
5,737
LIHTC proj / units
264 / 4,600
HUD assisted MF
10 / 346

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 27610 · NC — sent to you.

ZIP 27610 · NC

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ACS rent vs 2BR SAFMR

ZIP 27610 — Raleigh, NC HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,319
2BR SAFMR$1,420
90% floor$1,278
110% ceiling$1,562

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

Housing stock

ACS 2023 units-in-structure · ZCTA 27610

  • 1-unit detached19,55566.9%
  • 1-unit attached2,1017.2%
  • 2–4 units2,1307.3%
  • 5–49 units3,60712.3%
  • 50+ units1950.7%
  • Mobile1,6575.7%
TypeUnitsShare
1-unit detached19,55566.9%
1-unit attached2,1017.2%
2 units (duplex)1,2544.3%
3–4 units8763.0%
5–9 units1,1794.0%
10–19 units1,0763.7%
20–49 units1,3524.6%
50+ units1950.7%
Mobile1,6575.7%

2–4 unit share 7.3% · 5–49 unit share 12.3% · combined 2–49 19.6%.

Units by bedrooms

Studio
271
1BR
1,597
2BR
6,132
3BR
15,140
4BR
5,312
5+
793

Rent burden

Rent ≥30% of income55.2%
Rent ≥50% of income25.5%
  • ACS median gross rent $1,319 (all bedrooms, occupied rentals).
  • Median contract rent $1,079.
  • Renters paying ≥30% of income 55.2%; ≥50% 25.5%.
  • FY2027 2BR SAFMR $1,420 (1.077× ACS median gross rent).

Population

80,173 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.2%.

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

Assisted inventory

  • LIHTC: 264 projects, 4,600 units.
  • HUD project-based assisted MF: 10 properties, 346 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 5,184 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 27610 39.6% of occupied households are renters; vacancy is 5.3%; ACS median gross rent is $1,319; population increased +2.2% between the 2018 and 2023 ACS vintages; the housing stock includes 2,130 units in 2–4-unit structures and 3,607 units in 5–49-unit structures; 264 LIHTC projects totaling 4,600 units; FY2027 2BR SAFMR is $1,420 versus ACS median gross rent of $1,319. 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 27610 is a Census / HUD profile for Raleigh-Cary, NC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 27610 — Raleigh, NC HUD Section 8 Payment Standards / SAFMR·North Carolina ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
27502Raleigh-Cary, NC MSA18.6%$1,786$2,06027508Raleigh-Cary, NC MSA18.2%$859$1,22027511Raleigh-Cary, NC MSA32.6%$1,436$1,61027512Raleigh-Cary, NC MSA——$1,74027513Raleigh-Cary, NC MSA36.8%$1,491$1,84027518Raleigh-Cary, NC MSA34.5%$1,537$1,80027519Raleigh-Cary, NC MSA30.9%$1,854$2,14027520Raleigh-Cary, NC MSA23.7%$1,430$1,64027523Raleigh-Cary, NC MSA30.9%$1,805$2,08027524Raleigh-Cary, NC MSA29.3%$1,011$1,22027527Raleigh-Cary, NC MSA15.2%$1,617$1,90027528Raleigh-Cary, NC MSA——$1,260

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 27610?

ZIP 27610 (Raleigh-Cary, NC MSA) has 80,173 residents, 27,695 households, a renter share of 39.6%, median household income of $66,245, and ACS 2023 median gross rent of $1,319. Vacancy is 5.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 27610?

ACS counts 1,254 units in 2-unit buildings, 876 in 3–4 unit buildings, 1,179 in 5–9, 1,076 in 10–19, and 1,352 in 20–49. Combined 2–49 unit stock is 5,737 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 27610?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,420. See the full schedule and 90–110% payment-standard band on the ZIP 27610 — Raleigh, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 27610 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.