Housing market/North Carolina/ZIP 27959

ACS 2023 · FY2027 SAFMR

ZIP 27959 Nags Head, Dare County, North Carolina

Dare 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
3,172
Households
1,626
Median HH income
$87,619
Renter share
22.4%
Median gross rent
$1,005
Vacancy
68.8%
Pop. change
+9.1%
2BR SAFMR
$1,290
SAFMR / rent
1.284×
2–49 unit stock
1,008
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 27959 · NC — sent to you.

ZIP 27959 · NC

ACS median rent$1,005
2BR SAFMR$1,290
90% floor$1,161
110% ceiling$1,419

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

Housing stock

ACS 2023 units-in-structure · ZCTA 27959

  • 1-unit detached4,16980.0%
  • 2–4 units3927.5%
  • 5–49 units61611.8%
  • Mobile370.7%
TypeUnitsShare
1-unit detached4,16980.0%
1-unit attached00.0%
2 units (duplex)2825.4%
3–4 units1102.1%
5–9 units3807.3%
10–19 units901.7%
20–49 units1462.8%
50+ units00.0%
Mobile370.7%

2–4 unit share 7.5% · 5–49 unit share 11.8% · combined 2–49 19.3%.

Units by bedrooms

Studio
107
1BR
77
2BR
629
3BR
1,952
4BR
1,856
5+
593

Rent burden

Rent ≥30% of income48.4%
Rent ≥50% of income7.4%
  • ACS median gross rent $1,005 (all bedrooms, occupied rentals).
  • Median contract rent $1,005.
  • Renters paying ≥30% of income 48.4%; ≥50% 7.4%.
  • FY2027 2BR SAFMR $1,290 (1.284× ACS median gross rent).

Population

3,172 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.1%.

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: not published for this ZIP.
  • 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 27959 22.4% of occupied households are renters; vacancy is 68.8%; ACS median gross rent is $1,005; population increased +9.1% between the 2018 and 2023 ACS vintages; the housing stock includes 392 units in 2–4-unit structures and 616 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,290 versus ACS median gross rent of $1,005. 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 27959 is a Census / HUD profile for Dare 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 27959?

ZIP 27959 (Dare County, NC) has 3,172 residents, 1,626 households, a renter share of 22.4%, median household income of $87,619, and ACS 2023 median gross rent of $1,005. Vacancy is 68.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 27959?

ACS counts 282 units in 2-unit buildings, 110 in 3–4 unit buildings, 380 in 5–9, 90 in 10–19, and 146 in 20–49. Combined 2–49 unit stock is 1,008 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 27959?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,290. See the full schedule and 90–110% payment-standard band on the ZIP 27959 — Nags Head, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 27959 is Census / HUD research for Dare 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.