Housing market/North Carolina/ZIP 28742

ACS 2023 · FY2027 SAFMR

ZIP 28742 Horse Shoe, Transylvania County, North Carolina

Transylvania County, NC · North Carolina. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,026
Households
1,254
Median HH income
$97,292
Renter share
13.4%
Median gross rent
$843
Vacancy
5.2%
Pop. change
+13.8%
2BR SAFMR
$2,000
SAFMR / rent
2.372×
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 28742 · NC — sent to you.

ZIP 28742 · NC

ACS median rent$843
2BR SAFMR$2,000
90% floor$1,800
110% ceiling$2,200

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 28742

  • 1-unit detached97273.5%
  • Mobile35126.5%
TypeUnitsShare
1-unit detached97273.5%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile35126.5%

2–4 unit share 0.0% · 5–49 unit share 0.0% · combined 2–49 0.0%.

Units by bedrooms

Studio
33
1BR
21
2BR
379
3BR
704
4BR
161
5+
25

Rent burden

Rent ≥30% of income42.9%
Rent ≥50% of income15.5%
  • ACS median gross rent $843 (all bedrooms, occupied rentals).
  • Median contract rent $677.
  • Renters paying ≥30% of income 42.9%; ≥50% 15.5%.
  • FY2027 2BR SAFMR $2,000 (2.372× ACS median gross rent).

Population

3,026 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +13.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 359 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 28742 13.4% of occupied households are renters; vacancy is 5.2%; ACS median gross rent is $843; population increased +13.8% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,000 versus ACS median gross rent of $843. 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 28742 is a Census / HUD profile for Transylvania County, NC. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

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 28742?

ZIP 28742 (Transylvania County, NC) has 3,026 residents, 1,254 households, a renter share of 13.4%, median household income of $97,292, and ACS 2023 median gross rent of $843. Vacancy is 5.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 28742?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is — units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 28742?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,000. See the full schedule and 90–110% payment-standard band on the ZIP 28742 — Horse Shoe, NC HUD Section 8 Payment Standards / SAFMR.

Does this North Carolina ZIP profile include Georgia listings?

No. ZIP 28742 is Census / HUD research for Transylvania County, NC. 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.