Chatham County, NC

2024 Fair Market Rents

Tags: 2024 Durham-Chapel Hill, NC 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 four largest cities in Chatham County are Durham, Cary, Sanford, and Apex. 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 Chatham County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Chatham County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are 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 Chatham County compare?

Chatham County ($1,631) has a 50.6% higher FMR for 2-Bedroom housing than the average of North Carolina ($1,083) and therefore a higher gross rent.

Chatham County is rank 7th out of 100 counties. This means the FMRs, or in other words, the gross rent is higher than 93 other counties. Chatham County is the 7th most expensive county in terms of FMRs.

Rent Tables Chatham County, NC

Fair Market Rent (40th Percentile)

$1,385
studio
$1,418
1-Bedroom
$1,631
2-Bedroom
$2,051
3-Bedroom
$2,510
4-Bedroom

Median Rent (50th Percentile)

$1,492
studio
$1,528
1-Bedroom
$1,757
2-Bedroom
$2,209
3-Bedroom
$2,704
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
27312 $1,070 $1,100 $1,260 $1,580 $1,940
27207 $1,020 $1,030 $1,190 $1,510 $1,830
27208 $1,020 $1,030 $1,190 $1,510 $1,830
27213 $1,060 $1,090 $1,250 $1,570 $1,920
27252 $1,020 $1,030 $1,190 $1,510 $1,830
27256 $1,060 $1,090 $1,250 $1,570 $1,920
27312 $1,070 $1,100 $1,260 $1,580 $1,940
27325 $1,020 $1,030 $1,190 $1,510 $1,830
27330 $1,020 $1,030 $1,190 $1,540 $1,870
27355 $1,020 $1,030 $1,190 $1,510 $1,830
27502 $1,750 $1,800 $2,020 $2,500 $3,330
27516 $1,320 $1,350 $1,550 $1,950 $2,390
27517 $1,630 $1,670 $1,920 $2,410 $2,950
27519 $1,870 $1,920 $2,160 $2,670 $3,540
27523 $1,710 $1,750 $1,970 $2,440 $3,220
27540 $1,780 $1,820 $2,050 $2,540 $3,380
27559 $1,030 $1,050 $1,210 $1,530 $1,910
27562 $1,100 $1,130 $1,280 $1,560 $2,070
27713 $1,520 $1,560 $1,790 $2,250 $2,750
27330 $1,020 $1,030 $1,190 $1,540 $1,870
27332 $860 $870 $1,140 $1,610 $1,930
27540 $1,780 $1,820 $2,050 $2,540 $3,380
27208 $1,020 $1,030 $1,190 $1,510 $1,830
27325 $1,020 $1,030 $1,190 $1,510 $1,830
27355 $1,020 $1,030 $1,190 $1,510 $1,830
27502 $1,750 $1,800 $2,020 $2,500 $3,330
27519 $1,870 $1,920 $2,160 $2,670 $3,540
27523 $1,710 $1,750 $1,970 $2,440 $3,220
27540 $1,780 $1,820 $2,050 $2,540 $3,380
27562 $1,100 $1,130 $1,280 $1,560 $2,070
27713 $1,520 $1,560 $1,790 $2,250 $2,750
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
27312 $963 $990 $1,134 $1,422 $1,746
27207 $918 $927 $1,071 $1,359 $1,647
27208 $918 $927 $1,071 $1,359 $1,647
27213 $954 $981 $1,125 $1,413 $1,728
27252 $918 $927 $1,071 $1,359 $1,647
27256 $954 $981 $1,125 $1,413 $1,728
27312 $963 $990 $1,134 $1,422 $1,746
27325 $918 $927 $1,071 $1,359 $1,647
27330 $918 $927 $1,071 $1,386 $1,683
27355 $918 $927 $1,071 $1,359 $1,647
27502 $1,575 $1,620 $1,818 $2,250 $2,997
27516 $1,188 $1,215 $1,395 $1,755 $2,151
27517 $1,467 $1,503 $1,728 $2,169 $2,655
27519 $1,683 $1,728 $1,944 $2,403 $3,186
27523 $1,539 $1,575 $1,773 $2,196 $2,898
27540 $1,602 $1,638 $1,845 $2,286 $3,042
27559 $927 $945 $1,089 $1,377 $1,719
27562 $990 $1,017 $1,152 $1,404 $1,863
27713 $1,368 $1,404 $1,611 $2,025 $2,475
27330 $918 $927 $1,071 $1,386 $1,683
27332 $774 $783 $1,026 $1,449 $1,737
27540 $1,602 $1,638 $1,845 $2,286 $3,042
27208 $918 $927 $1,071 $1,359 $1,647
27325 $918 $927 $1,071 $1,359 $1,647
27355 $918 $927 $1,071 $1,359 $1,647
27502 $1,575 $1,620 $1,818 $2,250 $2,997
27519 $1,683 $1,728 $1,944 $2,403 $3,186
27523 $1,539 $1,575 $1,773 $2,196 $2,898
27540 $1,602 $1,638 $1,845 $2,286 $3,042
27562 $990 $1,017 $1,152 $1,404 $1,863
27713 $1,368 $1,404 $1,611 $2,025 $2,475
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
27312 $1,177 $1,210 $1,386 $1,738 $2,134
27207 $1,122 $1,133 $1,309 $1,661 $2,013
27208 $1,122 $1,133 $1,309 $1,661 $2,013
27213 $1,166 $1,199 $1,375 $1,727 $2,112
27252 $1,122 $1,133 $1,309 $1,661 $2,013
27256 $1,166 $1,199 $1,375 $1,727 $2,112
27312 $1,177 $1,210 $1,386 $1,738 $2,134
27325 $1,122 $1,133 $1,309 $1,661 $2,013
27330 $1,122 $1,133 $1,309 $1,694 $2,057
27355 $1,122 $1,133 $1,309 $1,661 $2,013
27502 $1,925 $1,980 $2,222 $2,750 $3,663
27516 $1,452 $1,485 $1,705 $2,145 $2,629
27517 $1,793 $1,837 $2,112 $2,651 $3,245
27519 $2,057 $2,112 $2,376 $2,937 $3,894
27523 $1,881 $1,925 $2,167 $2,684 $3,542
27540 $1,958 $2,002 $2,255 $2,794 $3,718
27559 $1,133 $1,155 $1,331 $1,683 $2,101
27562 $1,210 $1,243 $1,408 $1,716 $2,277
27713 $1,672 $1,716 $1,969 $2,475 $3,025
27330 $1,122 $1,133 $1,309 $1,694 $2,057
27332 $946 $957 $1,254 $1,771 $2,123
27540 $1,958 $2,002 $2,255 $2,794 $3,718
27208 $1,122 $1,133 $1,309 $1,661 $2,013
27325 $1,122 $1,133 $1,309 $1,661 $2,013
27355 $1,122 $1,133 $1,309 $1,661 $2,013
27502 $1,925 $1,980 $2,222 $2,750 $3,663
27519 $2,057 $2,112 $2,376 $2,937 $3,894
27523 $1,881 $1,925 $2,167 $2,684 $3,542
27540 $1,958 $2,002 $2,255 $2,794 $3,718
27562 $1,210 $1,243 $1,408 $1,716 $2,277
27713 $1,672 $1,716 $1,969 $2,475 $3,025

Fair Market Rents on this page apply to the following cities in Chatham County, North Carolina: Durham, Cary, Sanford, Apex, Chapel Hill, Holly Springs, Pittsboro, Robbins, Bear Creek, Staley, Moncure, New Hill, Goldston, Bennett, Gulf, and Bonlee.

These Fair Market Rents also apply to the following ZIP codes in Chatham County, North Carolina: 27713, 27519, 27330, 27502, 27516, 27540, 27332, 27517, 27312, 27523, 27325, 27207, 27355, 27559, 27562, 27252, 27208, 27256, and 27213.

Chatham County, NC is considered part of the following metro FMR area: DURHAM-CHAPEL HILL, NC HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Durham County, NC, and Orange County, NC.

More on Chatham County, NC

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Data Source

HUD Seal

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