Housing market/North Carolina/ZIP 28114

ACS 2023 · FY2027 SAFMR

ZIP 28114 Mooresboro, Rutherford County, North Carolina

Rutherford 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
7,568
Households
2,777
Median HH income
$60,439
Renter share
27.4%
Median gross rent
$707
Vacancy
21.3%
Pop. change
+6.0%
2BR SAFMR
$1,010
SAFMR / rent
1.429×
2–49 unit stock
59
LIHTC proj / units
—
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 28114 · NC — sent to you.

ZIP 28114 · NC

ACS median rent$707
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 28114

  • 1-unit detached2,30666.1%
  • 1-unit attached230.7%
  • 2–4 units160.5%
  • 5–49 units431.2%
  • Mobile1,10031.5%
TypeUnitsShare
1-unit detached2,30665.4%
1-unit attached230.7%
2 units (duplex)160.5%
3–4 units00.0%
5–9 units140.4%
10–19 units00.0%
20–49 units290.8%
50+ units00.0%
Mobile1,10031.2%

2–4 unit share 0.5% · 5–49 unit share 1.2% · combined 2–49 1.7%.

Units by bedrooms

Studio
49
1BR
102
2BR
982
3BR
1,819
4BR
559
5+
17

Rent burden

Rent ≥30% of income21.2%
Rent ≥50% of income15.0%
  • ACS median gross rent $707 (all bedrooms, occupied rentals).
  • Median contract rent $534.
  • Renters paying ≥30% of income 21.2%; ≥50% 15.0%.
  • FY2027 2BR SAFMR $1,010 (1.429× ACS median gross rent).

Population

7,568 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.0%.

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, 50 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 69 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 28114 27.4% of occupied households are renters; vacancy is 21.3%; ACS median gross rent is $707; population increased +6.0% between the 2018 and 2023 ACS vintages; the housing stock includes 16 units in 2–4-unit structures and 43 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $707. 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 28114 is a Census / HUD profile for Rutherford 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 28114?

ZIP 28114 (Rutherford County, NC) has 7,568 residents, 2,777 households, a renter share of 27.4%, median household income of $60,439, and ACS 2023 median gross rent of $707. Vacancy is 21.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 28114?

ACS counts 16 units in 2-unit buildings, 0 in 3–4 unit buildings, 14 in 5–9, 0 in 10–19, and 29 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 28114?

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 28114 — Mooresboro, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 28114 is Census / HUD research for Rutherford 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.