Housing market/North Carolina/ZIP 27874

ACS 2023 · FY2027 SAFMR

ZIP 27874 Scotland Neck, Martin County, North Carolina

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

Population
3,677
Households
1,912
Median HH income
$37,500
Renter share
34.8%
Median gross rent
$570
Vacancy
20.6%
Pop. change
-2.4%
2BR SAFMR
$1,010
SAFMR / rent
1.772×
2–49 unit stock
277
LIHTC proj / units
2 / 40
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 27874 · NC — sent to you.

ZIP 27874 · NC

ACS median rent$570
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 27874

  • 1-unit detached1,70670.8%
  • 1-unit attached572.4%
  • 2–4 units2048.5%
  • 5–49 units733.0%
  • Mobile36815.3%
TypeUnitsShare
1-unit detached1,70670.8%
1-unit attached572.4%
2 units (duplex)1265.2%
3–4 units783.2%
5–9 units231.0%
10–19 units00.0%
20–49 units502.1%
50+ units00.0%
Mobile36815.3%

2–4 unit share 8.5% · 5–49 unit share 3.0% · combined 2–49 11.5%.

Units by bedrooms

Studio
30
1BR
142
2BR
847
3BR
920
4BR
449
5+
20

Rent burden

Rent ≥30% of income50.5%
Rent ≥50% of income43.3%
  • ACS median gross rent $570 (all bedrooms, occupied rentals).
  • Median contract rent $309.
  • Renters paying ≥30% of income 50.5%; ≥50% 43.3%.
  • FY2027 2BR SAFMR $1,010 (1.772× ACS median gross rent).

Population

3,677 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.4%.

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

Assisted inventory

  • LIHTC: 2 projects, 40 units.
  • HUD project-based assisted MF: 1 properties, 50 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 27874 34.8% of occupied households are renters; vacancy is 20.6%; ACS median gross rent is $570; population changed -2.4% between the 2018 and 2023 ACS vintages; the housing stock includes 204 units in 2–4-unit structures and 73 units in 5–49-unit structures; 2 LIHTC projects totaling 40 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $570. 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 27874 is a Census / HUD profile for Martin 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 27874?

ZIP 27874 (Martin County, NC) has 3,677 residents, 1,912 households, a renter share of 34.8%, median household income of $37,500, and ACS 2023 median gross rent of $570. Vacancy is 20.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 27874?

ACS counts 126 units in 2-unit buildings, 78 in 3–4 unit buildings, 23 in 5–9, 0 in 10–19, and 50 in 20–49. Combined 2–49 unit stock is 277 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 27874?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 27874 — Scotland Neck, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 27874 is Census / HUD research for Martin County, NC. 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.