Rental numbers for Dare County, NC
The typical home here runs -$2,167 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.8%.
- Gross yield
- 4.6%
- typical home, Zillow
- Median ZIP yield
- 4.8%
- 1 ZIPs with full data
- Cash flow
- -$2,167/mo
- at 7.78%, 25% down
- Typical price
- $599,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,295/mo
- Zillow ZORI, Aug 2026
ZIP codes in Dare County
14 with published figures
| 27948Kill Devil Hills | $524,000 | $2,113 | 4.8% | 2.3% | -$1,832 | n/a |
| 27981Wanchese | $359,000 | $1,420* | 4.7% | 2.1% | -$1,311 | n/a |
| 27978Stumpy Point | $340,000 | $1,320* | 4.7% | 1.9% | -$1,288 | n/a |
| 27953Manns Harbor | $345,000 | $1,320* | 4.6% | 1.9% | -$1,310 | n/a |
| 27943Hatteras | $515,000 | $1,840* | 4.3% | 1.8% | -$2,007 | n/a |
| 27936Frisco | $517,000 | $1,840* | 4.3% | 1.8% | -$2,030 | n/a |
| 27920Frisco | $456,000 | $1,430* | 3.8% | 1.3% | -$1,952 | n/a |
| 27954Manteo | $512,000 | $1,420* | 3.3% | 1.1% | -$2,313 | n/a |
| 27915Salvo | $544,000 | $1,430* | 3.1% | 0.7% | -$2,632 | n/a |
| 27968Rodanthe | $591,000 | $1,430* | 2.9% | 0.6% | -$2,867 | n/a |
| 27972Salvo | $637,000 | $1,430* | 2.7% | 0.5% | -$3,175 | n/a |
| 27982Rodanthe | $649,000 | $1,430* | 2.6% | 0.4% | -$3,251 | n/a |
| 27949Southern Shores | $786,000 | $1,610* | 2.5% | 0.4% | -$3,999 | n/a |
| 27959Nags Head | $710,000 | $1,270* | 2.1% | 0.0% | -$3,808 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.8%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.52%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $466,832 | n/a |
| Aug 2022 | $576,368 | n/a |
| Aug 2023 | $585,117 | n/a |
| Aug 2024 | $597,897 | n/a |
| Aug 2025 | $594,727 | n/a |
| Aug 2026 | $599,211 | $2,295 |
HUD Fair Market Rent
FY2027, Dare County, NC
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,194 | $1,387 | $1,510 | $1,918 | $2,001 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 21.3
- 359 units, last 12 months
- National percentile
- 91th
- among US counties
Tools
Test a listing in Dare County against today's rate.
Open the calculatorPart of the Kill Devil Hills, NC metro.
Questions
- Is Dare County good for rental property?
- The typical home here runs -$2,167 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.8%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Dare County?
- About 0.52% of value, from Census ACS median taxes paid over median home value. On a $599,000 home that is about $3,110 a year.
- What is Fair Market Rent in Dare County?
- HUD's FY2027 Fair Market Rent here is $1,387 for a 1-bedroom, $1,510 for a 2-bedroom and $1,918 for a 3-bedroom. Typical cash flow at today's rate is -$2,167 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.