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Housing market/North Carolina/ZIP 28277

ACS 2023 · FY2027 SAFMR

ZIP 28277 Charlotte, North Carolina

Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area · North Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
72,375
Households
28,537
Median HH income
$122,223
Renter share
39.2%
Median gross rent
$1,814
Vacancy
5.2%
Pop. change
+1.1%
2BR SAFMR
$2,340
SAFMR / rent
1.290×
2–49 unit stock
7,106
LIHTC proj / units
2 / 142
HUD assisted MF
1 / 6

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 28277 · NC — sent to you.

ZIP 28277 · NC

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ACS rent vs 2BR SAFMR

ZIP 28277 — Charlotte, NC HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,814
2BR SAFMR$2,340
90% floor$2,106
110% ceiling$2,574

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

Housing stock

ACS 2023 units-in-structure · ZCTA 28277

  • 1-unit detached16,26854.0%
  • 1-unit attached4,54315.1%
  • 2–4 units7632.5%
  • 5–49 units6,34321.1%
  • 50+ units2,1677.2%
  • Mobile160.1%
TypeUnitsShare
1-unit detached16,26854.0%
1-unit attached4,54315.1%
2 units (duplex)600.2%
3–4 units7032.3%
5–9 units1,4194.7%
10–19 units2,5758.6%
20–49 units2,3497.8%
50+ units2,1677.2%
Mobile160.1%

2–4 unit share 2.5% · 5–49 unit share 21.1% · combined 2–49 23.6%.

Units by bedrooms

Studio
305
1BR
3,360
2BR
6,405
3BR
8,929
4BR
7,198
5+
3,903

Rent burden

Rent ≥30% of income39.6%
Rent ≥50% of income15.4%
  • ACS median gross rent $1,814 (all bedrooms, occupied rentals).
  • Median contract rent $1,683.
  • Renters paying ≥30% of income 39.6%; ≥50% 15.4%.
  • FY2027 2BR SAFMR $2,340 (1.290× ACS median gross rent).

Population

72,375 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.1%.

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

Assisted inventory

  • LIHTC: 2 projects, 142 units.
  • 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 3,651 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 28277 39.2% of occupied households are renters; vacancy is 5.2%; ACS median gross rent is $1,814; population increased +1.1% between the 2018 and 2023 ACS vintages; the housing stock includes 763 units in 2–4-unit structures and 6,343 units in 5–49-unit structures; 2 LIHTC projects totaling 142 units; FY2027 2BR SAFMR is $2,340 versus ACS median gross rent of $1,814. 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 28277 is a Census / HUD profile for Charlotte-Concord-Gastonia, NC-SC, NC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 28277 — Charlotte, NC HUD Section 8 Payment Standards / SAFMR·North Carolina ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
28012Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area31.5%$1,288$1,60028016Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area31.1%$880$1,07028025Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area29.2%$1,223$1,52028026Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area——$1,63028027Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area34.2%$1,433$1,79028031Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area27.9%$1,587$2,00028032Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area24.3%$1,016$1,29028035Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area——$1,89028052Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area47.2%$1,058$1,30028053Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area——$1,35028054Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area53.2%$1,150$1,52028055Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area——$1,350

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 28277?

ZIP 28277 (Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area) has 72,375 residents, 28,537 households, a renter share of 39.2%, median household income of $122,223, and ACS 2023 median gross rent of $1,814. Vacancy is 5.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 28277?

ACS counts 60 units in 2-unit buildings, 703 in 3–4 unit buildings, 1,419 in 5–9, 2,575 in 10–19, and 2,349 in 20–49. Combined 2–49 unit stock is 7,106 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 28277?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,340. See the full schedule and 90–110% payment-standard band on the ZIP 28277 — Charlotte, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 28277 is Census / HUD research for Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area. 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.