Housing market/North Carolina/ZIP 28470

ACS 2023 · FY2027 SAFMR

ZIP 28470 Shallotte, Brunswick County, North Carolina

Brunswick County, NC 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
10,964
Households
4,719
Median HH income
$68,043
Renter share
23.3%
Median gross rent
$1,060
Vacancy
22.9%
Pop. change
-9.3%
2BR SAFMR
$1,410
SAFMR / rent
1.330×
2–49 unit stock
598
LIHTC proj / units
6 / 366
HUD assisted MF
1 / 6

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 28470 · NC — sent to you.

ZIP 28470 · NC

ACS median rent$1,060
2BR SAFMR$1,410
90% floor$1,269
110% ceiling$1,551

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

Housing stock

ACS 2023 units-in-structure · ZCTA 28470

  • 1-unit detached3,31254.1%
  • 1-unit attached1202.0%
  • 2–4 units2243.7%
  • 5–49 units3746.1%
  • 50+ units631.0%
  • Mobile2,03033.2%
TypeUnitsShare
1-unit detached3,31254.1%
1-unit attached1202.0%
2 units (duplex)601.0%
3–4 units1642.7%
5–9 units2363.9%
10–19 units560.9%
20–49 units821.3%
50+ units631.0%
Mobile2,03033.2%

2–4 unit share 3.7% · 5–49 unit share 6.1% · combined 2–49 9.8%.

Units by bedrooms

Studio
96
1BR
270
2BR
1,335
3BR
3,869
4BR
549
5+
4

Rent burden

Rent ≥30% of income47.4%
Rent ≥50% of income34.3%
  • ACS median gross rent $1,060 (all bedrooms, occupied rentals).
  • Median contract rent $927.
  • Renters paying ≥30% of income 47.4%; ≥50% 34.3%.
  • FY2027 2BR SAFMR $1,410 (1.330× ACS median gross rent).

Population

10,964 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -9.3%.

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

Assisted inventory

  • LIHTC: 6 projects, 366 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 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 28470 23.3% of occupied households are renters; vacancy is 22.9%; ACS median gross rent is $1,060; population changed -9.3% between the 2018 and 2023 ACS vintages; the housing stock includes 224 units in 2–4-unit structures and 374 units in 5–49-unit structures; 6 LIHTC projects totaling 366 units; FY2027 2BR SAFMR is $1,410 versus ACS median gross rent of $1,060. 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 28470 is a Census / HUD profile for Brunswick 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 28470?

ZIP 28470 (Brunswick County, NC HUD Metro FMR Area) has 10,964 residents, 4,719 households, a renter share of 23.3%, median household income of $68,043, and ACS 2023 median gross rent of $1,060. Vacancy is 22.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 28470?

ACS counts 60 units in 2-unit buildings, 164 in 3–4 unit buildings, 236 in 5–9, 56 in 10–19, and 82 in 20–49. Combined 2–49 unit stock is 598 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 28470?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,410. See the full schedule and 90–110% payment-standard band on the ZIP 28470 — Shallotte, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 28470 is Census / HUD research for Brunswick County, NC 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.