Gaston County, NC

2024 Fair Market Rents

Tags: 2024 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 four largest cities in Gaston County are Gastonia, Belmont, Mount Holly, and Dallas. 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 Gaston County use?

Gaston 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 Gaston County compare?

Gaston County ($1,554) has a 43.5% higher FMR for 2-Bedroom housing than the average of North Carolina ($1,083) and therefore a higher gross rent.

Gaston County is rank 10th out of 100 counties. This means the FMRs, or in other words, the gross rent is higher than 90 other counties. Gaston County is the 10th most expensive county in terms of FMRs.

Rent Tables Gaston County, NC

Fair Market Rent (40th Percentile)

$1,347
studio
$1,384
1-Bedroom
$1,554
2-Bedroom
$1,936
3-Bedroom
$2,481
4-Bedroom

Median Rent (50th Percentile)

$1,469
studio
$1,509
1-Bedroom
$1,694
2-Bedroom
$2,111
3-Bedroom
$2,705
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
28006 $1,100 $1,130 $1,260 $1,620 $1,860
28012 $1,180 $1,210 $1,360 $1,690 $2,170
28016 $890 $920 $1,030 $1,280 $1,640
28032 $1,090 $1,120 $1,260 $1,570 $2,010
28033 $800 $820 $930 $1,190 $1,340
28034 $880 $900 $1,010 $1,260 $1,610
28052 $1,010 $1,040 $1,170 $1,460 $1,870
28053 $1,040 $1,070 $1,200 $1,500 $1,920
28054 $1,180 $1,210 $1,360 $1,690 $2,170
28055 $1,040 $1,070 $1,200 $1,500 $1,920
28056 $1,060 $1,090 $1,220 $1,520 $1,950
28077 $780 $810 $910 $1,130 $1,440
28080 $1,070 $1,100 $1,240 $1,630 $1,650
28098 $1,120 $1,150 $1,290 $1,610 $2,060
28101 $1,080 $1,100 $1,240 $1,540 $1,980
28120 $1,030 $1,060 $1,190 $1,480 $1,900
28164 $1,000 $1,030 $1,150 $1,470 $1,730
28006 $1,100 $1,130 $1,260 $1,620 $1,860
28033 $800 $820 $930 $1,190 $1,340
28034 $880 $900 $1,010 $1,260 $1,610
28080 $1,070 $1,100 $1,240 $1,630 $1,650
28164 $1,000 $1,030 $1,150 $1,470 $1,730
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28006 $990 $1,017 $1,134 $1,458 $1,674
28012 $1,062 $1,089 $1,224 $1,521 $1,953
28016 $801 $828 $927 $1,152 $1,476
28032 $981 $1,008 $1,134 $1,413 $1,809
28033 $720 $738 $837 $1,071 $1,206
28034 $792 $810 $909 $1,134 $1,449
28052 $909 $936 $1,053 $1,314 $1,683
28053 $936 $963 $1,080 $1,350 $1,728
28054 $1,062 $1,089 $1,224 $1,521 $1,953
28055 $936 $963 $1,080 $1,350 $1,728
28056 $954 $981 $1,098 $1,368 $1,755
28077 $702 $729 $819 $1,017 $1,296
28080 $963 $990 $1,116 $1,467 $1,485
28098 $1,008 $1,035 $1,161 $1,449 $1,854
28101 $972 $990 $1,116 $1,386 $1,782
28120 $927 $954 $1,071 $1,332 $1,710
28164 $900 $927 $1,035 $1,323 $1,557
28006 $990 $1,017 $1,134 $1,458 $1,674
28033 $720 $738 $837 $1,071 $1,206
28034 $792 $810 $909 $1,134 $1,449
28080 $963 $990 $1,116 $1,467 $1,485
28164 $900 $927 $1,035 $1,323 $1,557
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28006 $1,210 $1,243 $1,386 $1,782 $2,046
28012 $1,298 $1,331 $1,496 $1,859 $2,387
28016 $979 $1,012 $1,133 $1,408 $1,804
28032 $1,199 $1,232 $1,386 $1,727 $2,211
28033 $880 $902 $1,023 $1,309 $1,474
28034 $968 $990 $1,111 $1,386 $1,771
28052 $1,111 $1,144 $1,287 $1,606 $2,057
28053 $1,144 $1,177 $1,320 $1,650 $2,112
28054 $1,298 $1,331 $1,496 $1,859 $2,387
28055 $1,144 $1,177 $1,320 $1,650 $2,112
28056 $1,166 $1,199 $1,342 $1,672 $2,145
28077 $858 $891 $1,001 $1,243 $1,584
28080 $1,177 $1,210 $1,364 $1,793 $1,815
28098 $1,232 $1,265 $1,419 $1,771 $2,266
28101 $1,188 $1,210 $1,364 $1,694 $2,178
28120 $1,133 $1,166 $1,309 $1,628 $2,090
28164 $1,100 $1,133 $1,265 $1,617 $1,903
28006 $1,210 $1,243 $1,386 $1,782 $2,046
28033 $880 $902 $1,023 $1,309 $1,474
28034 $968 $990 $1,111 $1,386 $1,771
28080 $1,177 $1,210 $1,364 $1,793 $1,815
28164 $1,100 $1,133 $1,265 $1,617 $1,903

Fair Market Rents on this page apply to the following cities in Gaston County, North Carolina: Gastonia, Belmont, Mount Holly, Dallas, Stanley, Bessemer City, Iron Station, Lowell, Cramerton, Crouse, Alexis, Mc Adenville, and High Shoals.

These Fair Market Rents also apply to the following ZIP codes in Gaston County, North Carolina: 28054, 28056, 28052, 28012, 28120, 28034, 28164, 28016, 28080, 28098, 28032, 28033, 28006, 28053, 28101, 28077, and 28055.

Gaston 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: Cabarrus County, NC, Mecklenburg County, NC, and Union County, NC.

More on Gaston County, NC

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

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