Housing market/North Carolina/ZIP 27514
ZIP 27514 Chapel Hill, North Carolina
Durham-Chapel Hill, 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 27514 · NC — sent to you.
ZIP 27514 · NC
ACS rent vs 2BR SAFMR
ZIP 27514 — Chapel Hill, NC HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 27514
- 1-unit detached4,82842.1%
- 1-unit attached1,1019.6%
- 2–4 units7246.3%
- 5–49 units3,14627.4%
- 50+ units1,48713.0%
- Mobile1841.6%
2–4 unit share 6.3% · 5–49 unit share 27.4% · combined 2–49 33.7%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,491 (all bedrooms, occupied rentals).
- Median contract rent $1,388.
- Renters paying ≥30% of income 55.4%; ≥50% 35.4%.
- FY2027 2BR SAFMR $1,980 (1.328× ACS median gross rent).
Population
32,612 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +0.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 3 projects, 211 units.
- HUD project-based assisted MF: 5 properties, 80 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 365 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 27514 49.8% of occupied households are renters; vacancy is 12.0%; ACS median gross rent is $1,491; population increased +0.9% between the 2018 and 2023 ACS vintages; the housing stock includes 724 units in 2–4-unit structures and 3,146 units in 5–49-unit structures; 3 LIHTC projects totaling 211 units; FY2027 2BR SAFMR is $1,980 versus ACS median gross rent of $1,491. 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 27514 is a Census / HUD profile for Durham-Chapel Hill, NC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 27514 — Chapel Hill, NC HUD Section 8 Payment Standards / SAFMR·North Carolina ZIP directory
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 27514?
ZIP 27514 (Durham-Chapel Hill, NC HUD Metro FMR Area) has 32,612 residents, 10,096 households, a renter share of 49.8%, median household income of $94,167, and ACS 2023 median gross rent of $1,491. Vacancy is 12.0%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 27514?
ACS counts 287 units in 2-unit buildings, 437 in 3–4 unit buildings, 1,031 in 5–9, 1,048 in 10–19, and 1,067 in 20–49. Combined 2–49 unit stock is 3,870 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 27514?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,980. See the full schedule and 90–110% payment-standard band on the ZIP 27514 — Chapel Hill, NC HUD Section 8 Payment Standards / SAFMR.
Does this North Carolina ZIP profile include Georgia listings?
No. ZIP 27514 is Census / HUD research for Durham-Chapel Hill, 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.