FY2027 Small Area FMR · Hope Mills, NC

ZIP 28348 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28348 (Hope Mills, NC) is $1,530 a month, up 19.5% from FY2026. That is 4% above the Fayetteville, NC area-wide FMR of $1,476.

2-bedroom SAFMR$1,530per month ▲ 19.5%

Area-wide 2 BR FMR$1,476Fayetteville, NC

Rank in the area5thof 28 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,377

2 BR Small Area FMR$1,530

110% of SAFMR$1,683

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,350▲ 20.5%

1 BR$1,380▲ 21.1%

2 BR$1,530▲ 19.5%

3 BR$2,010▲ 17.5%

4 BR$2,470▲ 16.5%

FY2027 FY2026

Where 28348 sits in the Fayetteville, NC area

Of the 28 ZIP codes HUD lists for the area, 28348 has the 5th highest two-bedroom Small Area FMR. Fayetteville, NC is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,476 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,530 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,350	$1,215 – $1,485	$1,302	$1,120
1 bedroom	$1,380	$1,242 – $1,518	$1,334	$1,140
2 bedrooms	$1,530	$1,377 – $1,683	$1,476	$1,280
3 bedrooms	$2,010	$1,809 – $2,211	$1,937	$1,710
4 bedrooms	$2,470	$2,223 – $2,717	$2,380	$2,120

A household renting a two-bedroom home at the Small Area FMR of $1,530 needs about $61,200 a year to keep housing costs at 30% of income. The area median family income is $81,900 and the 80% low-income limit for four people is $65,500. ZIP code 28348 lies mainly in Cumberland County. See the Fayetteville, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
28371	Parkton	3.1 mi	$1,310
28306	Fayetteville	3.5 mi	$1,270
28331	Cumberland	6.6 mi	$1,130
28384	Saint Pauls	8.4 mi	$1,130
28304	Fayetteville	8.4 mi	$1,710
28378	Rex	8.8 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 28348?

HUD's FY2027 Small Area Fair Market Rents for 28348 are $1,350 (studio), $1,380 (1 BR), $1,530 (2 BR), $2,010 (3 BR) and $2,470 (4 BR) a month.

What is the Section 8 payment standard in 28348?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28348 that range is $1,377 to $1,683 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28348?

The FY2026 income limits of the Fayetteville, NC area apply: median family income $81,900, low-income (80%) limit $65,500 for a family of four.