Most Affordable ZIP Codes in Morehead City, NC (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 28511 | Atlantic, NC | $236,997 | $1,080 | 3.55% | 7.0% |
| 2 | 28581 | Stacy, NC | $254,070 | $1,062 | 3.26% | 6.1% |
| 3 | 28579 | Marshallberg, NC | $296,940 | $990 | 2.60% | 5.0% |
| 4 | 28570 | Newport, NC | $349,316 | $1,799 | 4.02% | 5.6% |
| 5 | 28528 | Beaufort, NC | $355,110 | $990 | 2.17% | 4.9% |
| 6 | 28531 | Harkers Island, NC | $408,247 | $1,071 | 2.05% | 6.6% |
| 7 | 28557 | Morehead City, NC | $420,120 | $1,682 | 3.12% | 6.0% |
| 8 | 28516 | Beaufort, NC | $421,477 | $2,098 | 3.88% | 5.5% |
| 9 | 28594 | Emerald Isle, NC | $770,603 | $1,700 | 1.72% | 6.7% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Morehead City, NC · Appreciation in Morehead City, NC
Or see the full Morehead City, NC metro profile.