FY2027 Small Area FMR · Oak Island, NC

ZIP 28465 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28465 (Oak Island, NC) is $1,510 a month, up 7.1% from FY2026. That is 4% below the Brunswick County, NC area-wide FMR of $1,574.

2-bedroom SAFMR$1,510per month ▲ 7.1%

Area-wide 2 BR FMR$1,574Brunswick County, NC

Rank in the area8thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,359

2 BR Small Area FMR$1,510

110% of SAFMR$1,661

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

Studio$1,330▲ 8.1%

1 BR$1,390▲ 7.8%

2 BR$1,510▲ 7.1%

3 BR$1,980▲ 1.0%

4 BR$2,310▼ 2.5%

FY2027 FY2026

Where 28465 sits in the Brunswick County, NC area

Of the 15 ZIP codes HUD lists for the area, 28465 has the 8th highest two-bedroom Small Area FMR. Brunswick 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 $1,574 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,510 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	$1,330	$1,197 – $1,463	$1,388	$1,230
1 bedroom	$1,390	$1,251 – $1,529	$1,446	$1,290
2 bedrooms	$1,510	$1,359 – $1,661	$1,574	$1,410
3 bedrooms	$1,980	$1,782 – $2,178	$2,062	$1,960
4 bedrooms	$2,310	$2,079 – $2,541	$2,407	$2,370

A household renting a two-bedroom home at the Small Area FMR of $1,510 needs about $60,400 a year to keep housing costs at 30% of income. The area median family income is $99,200 and the 80% low-income limit for four people is $79,350. ZIP code 28465 lies mainly in Brunswick County. See the Brunswick County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
28461	Southport	4.6 mi	$1,670
28422	Bolivia	9.3 mi	$1,800
28449	Kure Beach	10.2 mi	$1,750
28462	Supply	13.2 mi	$1,290
28479	Winnabow	13.9 mi	$1,590
28428	Carolina Beach	14.5 mi	$1,840

Questions

What is the Fair Market Rent for ZIP code 28465?

HUD's FY2027 Small Area Fair Market Rents for 28465 are $1,330 (studio), $1,390 (1 BR), $1,510 (2 BR), $1,980 (3 BR) and $2,310 (4 BR) a month.

What is the Section 8 payment standard in 28465?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28465 that range is $1,359 to $1,661 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28465?

The FY2026 income limits of the Brunswick County, NC area apply: median family income $99,200, low-income (80%) limit $79,350 for a family of four.