Start Free

Section 8 rent in Craven County, NC

FY2025 HUD Small Area Fair Market Rents for the Craven County, NC HUD Metro FMR Area, covering 15 ZIP codes.

$1,239Avg 2BR FMR / mo
$1,363Avg 2BR at 110% Standard
15ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$840$939$1,120$1,033
1 Bedroom$850$949$1,130$1,044
2 Bedrooms$1,110$1,239$1,480$1,363
3 Bedrooms$1,500$1,669$1,990$1,836
4 Bedrooms$1,880$2,087$2,490$2,295

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,478$29,736
Triplex3 × 2BR$3,717$44,604
Fourplex4 × 2BR$4,956$59,472
Fourplex4 × 3BR$6,676$80,112

Gross scheduled rent before vacancy, maintenance and management. Run any North Carolina multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 15 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
28532 $1,130 $1,480 $1,990 $2,490
28533 $1,130 $1,480 $1,990 $2,490
28561 $1,010 $1,320 $1,770 $2,220
28563 $1,010 $1,320 $1,770 $2,220
28564 $1,010 $1,320 $1,770 $2,220
28562 $980 $1,290 $1,740 $2,170
28519 $980 $1,280 $1,720 $2,150
28560 $970 $1,270 $1,700 $2,100
28526 $910 $1,170 $1,590 $1,960
28501 $850 $1,110 $1,500 $1,880
28523 $850 $1,110 $1,500 $1,880
28527 $850 $1,110 $1,500 $1,880
28530 $850 $1,110 $1,500 $1,880
28573 $850 $1,110 $1,500 $1,880
28586 $850 $1,110 $1,500 $1,880

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
Est. mortgage payment (PITI)—
Est. monthly cash flow—

30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

Analyze Real North Carolina Listings Free

Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Craven County, NC?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Craven County, NC HUD Metro FMR Area is $1,239 per month, ranging from $1,110 to $1,480 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,363.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Craven County, NC, 2-bedroom SAFMRs run from $1,110 to $1,480 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in North Carolina?
RealG searches live listings across North Carolina, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

More North Carolina markets

Alleghany County, NC Anson County, NC Ashe County, NC Asheville, NC Avery County, NC Beaufort County, NC Bertie County, NC Bladen County, NC Brunswick County, NC Burlington, NC All North Carolina markets →

These are the rents. RealG finds the properties.

Every North Carolina listing analyzed against real HUD rates and graded A–D. The AI agent calls the sellers.

Start Free