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Cabarrus County, NC

2023 Fair Market Rents

Tags: 2023 SAFMRS Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area

Return to the state page to see where North Carolina ranks nationally and to view information on other counties. Click on the map to view a different county.

The top 4 largest cities in Cabarrus County are Charlotte, Concord, Huntersville, and Kannapolis. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Cabarrus County use?

Cabarrus County is determined by the HUD to use Small Area Fair Market Rents. 40th percentile FMRs still exist for this county but they are not used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Cabarrus County compare?

Cabarrus County ($1,333) has a 40.8% higher FMR for 2-Bedroom housing than the average of North Carolina ($947) and therefore a higher gross rent.

Cabarrus County is rank 8th out of 100 counties. This means the FMRs, or in other words, the gross rent is higher than 92 other counties. Cabarrus County is the 8th most expensive county in terms of FMRs.

Rent Tables Cabarrus County, NC

Fair Market Rent (40th Percentile)

$1,154
studio
$1,180
1-Bedroom
$1,333
2-Bedroom
$1,691
3-Bedroom
$2,183
4-Bedroom

Median Rent (50th Percentile)

$1,260
studio
$1,288
1-Bedroom
$1,455
2-Bedroom
$1,845
3-Bedroom
$2,383
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28025 $950 $970 $1,100 $1,400 $1,800
28026 $1,000 $1,020 $1,150 $1,460 $1,880
28027 $1,070 $1,090 $1,230 $1,560 $2,010
28036 $1,250 $1,280 $1,440 $1,840 $2,370
28071 $660 $670 $800 $1,030 $1,180
28075 $1,730 $1,770 $2,000 $2,540 $3,280
28078 $1,430 $1,460 $1,650 $2,090 $2,700
28081 $840 $860 $1,000 $1,280 $1,550
28082 $1,000 $1,020 $1,150 $1,460 $1,880
28083 $950 $970 $1,110 $1,420 $1,770
28097 $870 $890 $1,000 $1,270 $1,640
28107 $900 $920 $1,040 $1,320 $1,700
28124 $900 $920 $1,040 $1,320 $1,700
28138 $800 $810 $980 $1,270 $1,410
28213 $1,090 $1,120 $1,260 $1,600 $2,060
28215 $1,070 $1,100 $1,240 $1,570 $2,030
28262 $1,340 $1,370 $1,550 $1,970 $2,540
28269 $1,340 $1,370 $1,550 $1,970 $2,540
28036 $1,250 $1,280 $1,440 $1,840 $2,370
28036 $1,250 $1,280 $1,440 $1,840 $2,370
28071 $660 $670 $800 $1,030 $1,180
28081 $840 $860 $1,000 $1,280 $1,550
28083 $950 $970 $1,110 $1,420 $1,770
28138 $800 $810 $980 $1,270 $1,410
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28025 $855 $873 $990 $1,260 $1,620
28026 $900 $918 $1,035 $1,314 $1,692
28027 $963 $981 $1,107 $1,404 $1,809
28036 $1,125 $1,152 $1,296 $1,656 $2,133
28071 $594 $603 $720 $927 $1,062
28075 $1,557 $1,593 $1,800 $2,286 $2,952
28078 $1,287 $1,314 $1,485 $1,881 $2,430
28081 $756 $774 $900 $1,152 $1,395
28082 $900 $918 $1,035 $1,314 $1,692
28083 $855 $873 $999 $1,278 $1,593
28097 $783 $801 $900 $1,143 $1,476
28107 $810 $828 $936 $1,188 $1,530
28124 $810 $828 $936 $1,188 $1,530
28138 $720 $729 $882 $1,143 $1,269
28213 $981 $1,008 $1,134 $1,440 $1,854
28215 $963 $990 $1,116 $1,413 $1,827
28262 $1,206 $1,233 $1,395 $1,773 $2,286
28269 $1,206 $1,233 $1,395 $1,773 $2,286
28036 $1,125 $1,152 $1,296 $1,656 $2,133
28036 $1,125 $1,152 $1,296 $1,656 $2,133
28071 $594 $603 $720 $927 $1,062
28081 $756 $774 $900 $1,152 $1,395
28083 $855 $873 $999 $1,278 $1,593
28138 $720 $729 $882 $1,143 $1,269
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28025 $1,045 $1,067 $1,210 $1,540 $1,980
28026 $1,100 $1,122 $1,265 $1,606 $2,068
28027 $1,177 $1,199 $1,353 $1,716 $2,211
28036 $1,375 $1,408 $1,584 $2,024 $2,607
28071 $726 $737 $880 $1,133 $1,298
28075 $1,903 $1,947 $2,200 $2,794 $3,608
28078 $1,573 $1,606 $1,815 $2,299 $2,970
28081 $924 $946 $1,100 $1,408 $1,705
28082 $1,100 $1,122 $1,265 $1,606 $2,068
28083 $1,045 $1,067 $1,221 $1,562 $1,947
28097 $957 $979 $1,100 $1,397 $1,804
28107 $990 $1,012 $1,144 $1,452 $1,870
28124 $990 $1,012 $1,144 $1,452 $1,870
28138 $880 $891 $1,078 $1,397 $1,551
28213 $1,199 $1,232 $1,386 $1,760 $2,266
28215 $1,177 $1,210 $1,364 $1,727 $2,233
28262 $1,474 $1,507 $1,705 $2,167 $2,794
28269 $1,474 $1,507 $1,705 $2,167 $2,794
28036 $1,375 $1,408 $1,584 $2,024 $2,607
28036 $1,375 $1,408 $1,584 $2,024 $2,607
28071 $726 $737 $880 $1,133 $1,298
28081 $924 $946 $1,100 $1,408 $1,705
28083 $1,045 $1,067 $1,221 $1,562 $1,947
28138 $880 $891 $1,078 $1,397 $1,551

Fair Market Rents on this page apply to the following cities in Cabarrus County, North Carolina: Charlotte, Concord, Huntersville, Kannapolis, Harrisburg, Davidson, Rockwell, Mount Pleasant, Midland, Locust, and Gold Hill.

These Fair Market Rents also apply to the following ZIP codes in Cabarrus County, North Carolina: 28269, 28027, 28078, 28215, 28025, 28213, 28262, 28081, 28083, 28075, 28036, 28138, 28124, 28107, 28097, 28071, 28026, and 28082.

Cabarrus County, NC is considered part of the following metro FMR area: CHARLOTTE-CONCORD-GASTONIA, NC-SC HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Gaston County, NC, Union County, NC, and Mecklenburg County, NC.

More on Cabarrus County, NC

Want to learn more about Cabarrus County, NC? See Loan Limits in Cabarrus County, NC to view maximum loan amounts or click here to find a Public Housing Authority near Cabarrus County, NC who can help with finding affordable housing near you.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.


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