FY2027 Small Area FMR · Lake Waccamaw, NC

ZIP 28450 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28450 (Lake Waccamaw, NC) is $1,280 a month, up 7.6% from FY2026. That is 26% above the Columbus County, NC area-wide FMR of $1,012.

2-bedroom SAFMR$1,280per month ▲ 7.6%

Area-wide 2 BR FMR$1,012Columbus County, NC

Rank in the area3rdof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,152

2 BR Small Area FMR$1,280

110% of SAFMR$1,408

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

Studio$1,090▲ 18.5%

1 BR$1,090▲ 17.2%

2 BR$1,280▲ 7.6%

3 BR$1,530▲ 7.0%

4 BR$1,680▲ 6.3%

FY2027 FY2026

Where 28450 sits in the Columbus County, NC area

Of the 17 ZIP codes HUD lists for the area, 28450 has the 3rd highest two-bedroom Small Area FMR. Columbus County, 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 $1,012 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,280 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	$1,090	$981 – $1,199	$858	$920
1 bedroom	$1,090	$981 – $1,199	$863	$930
2 bedrooms	$1,280	$1,152 – $1,408	$1,012	$1,190
3 bedrooms	$1,530	$1,377 – $1,683	$1,206	$1,430
4 bedrooms	$1,680	$1,512 – $1,848	$1,330	$1,580

A household renting a two-bedroom home at the Small Area FMR of $1,280 needs about $51,200 a year to keep housing costs at 30% of income. The area median family income is $67,300 and the 80% low-income limit for four people is $62,650. ZIP code 28450 lies mainly in Columbus County. See the Columbus County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
28442	Hallsboro	6.3 mi	$1,010
28423	Bolton	7.2 mi	$1,150
28472	Whiteville	10.2 mi	$1,040
28434	Council	10.3 mi	$1,110
28424	Brunswick	10.8 mi	$1,010
28433	Clarkton	12.7 mi	$1,150

Questions

What is the Fair Market Rent for ZIP code 28450?

HUD's FY2027 Small Area Fair Market Rents for 28450 are $1,090 (studio), $1,090 (1 BR), $1,280 (2 BR), $1,530 (3 BR) and $1,680 (4 BR) a month.

What is the Section 8 payment standard in 28450?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28450 that range is $1,152 to $1,408 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28450?

The FY2026 income limits of the Columbus County, NC area apply: median family income $67,300, low-income (80%) limit $62,650 for a family of four.