North Carolina Fair Market Rents

2022 Fair Market Rents

2022 FMRs in North Carolina by county. Click on the map below to view FMRs for a particular county.

North Carolina Map

Minimum FMR
Maximum FMR

FMRs vary across North Carolina based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in North Carolina is $865.

The highest average FMR for a two-bedroom apartment in the United States is $1,888 in Hawaii. The lowest for a two-bedroom apartment is $485 in Puerto Rico.

FMRs in North Carolina are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.

View the Fair Market Rents Overview for detailed information on how FMRs are calculated. Click on a specific county on the map or from the table below for detailed FMR information including Small Area FMRs.

How does North Carolina compare?

The highest FMR for a two-bedroom apartment in North Carolina is $1,378 in Madison County, Henderson County, and 1 others. The lowest FMR for a two-bedroom apartment is $724 in Scotland County.

North Carolina ($865) has a 13.2% lower FMR for 2-Bedroom housing than the average of the US ($997) and therefore has a lower gross rent.

North Carolina is rank 29th out of 56 States and territories. This means the FMRs, or in other words, the gross rent is lower than 28 other States and territories. North Carolina is the 28th cheapest State or territory in terms of FMRs.

Average FMRs for North Carolina

29th
Rank
$685
Studio
$709
1-person
$865
2-person
$1,135
3-person
$1,369
4-person
Counties in North Carolina (100)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Madison County 1st $1,188 $1,209 $1,378 $1,879 $2,359
Henderson County 1st $1,188 $1,209 $1,378 $1,879 $2,359
Buncombe County 1st $1,188 $1,209 $1,378 $1,879 $2,359
Currituck County 4th $993 $1,015 $1,193 $1,676 $2,042
Wake County 5th $1,038 $1,073 $1,223 $1,517 $1,982
Johnston County 5th $1,038 $1,073 $1,223 $1,517 $1,982
Franklin County 5th $1,038 $1,073 $1,223 $1,517 $1,982
Durham County 8th $1,024 $1,030 $1,199 $1,546 $1,812
Orange County 8th $1,024 $1,030 $1,199 $1,546 $1,812
Chatham County 8th $1,024 $1,030 $1,199 $1,546 $1,812
Cabarrus County 11th $996 $1,014 $1,155 $1,497 $1,942
Mecklenburg County 11th $996 $1,014 $1,155 $1,497 $1,942
Gaston County 11th $996 $1,014 $1,155 $1,497 $1,942
Union County 11th $996 $1,014 $1,155 $1,497 $1,942
New Hanover County 15th $814 $988 $1,164 $1,545 $1,992
Dare County 16th $866 $895 $1,054 $1,415 $1,658
Craven County 17th $764 $771 $984 $1,319 $1,684
Camden County 18th $782 $797 $982 $1,328 $1,600
Brunswick County 19th $786 $813 $926 $1,315 $1,585
Iredell County 20th $798 $812 $925 $1,232 $1,583
Cumberland County 21st $771 $784 $913 $1,262 $1,546
Guilford County 22nd $810 $836 $952 $1,243 $1,424
Randolph County 22nd $810 $836 $952 $1,243 $1,424
Pitt County 24th $730 $734 $910 $1,249 $1,558
Carteret County 25th $692 $696 $916 $1,264 $1,568
Onslow County 26th $634 $737 $876 $1,244 $1,499
Pender County 27th $645 $772 $902 $1,235 $1,431
Haywood County 28th $637 $822 $937 $1,165 $1,422
Watauga County 29th $665 $741 $913 $1,180 $1,441
Moore County 30th $695 $744 $848 $1,168 $1,451
Transylvania County 31st $706 $711 $935 $1,156 $1,364
Harnett County 32nd $646 $651 $856 $1,216 $1,465
Perquimans County 33rd $651 $655 $862 $1,175 $1,475
Chowan County 34th $681 $685 $857 $1,059 $1,467
Pasquotank County 35th $581 $665 $875 $1,234 $1,384
Granville County 36th $666 $670 $863 $1,093 $1,349
Pamlico County 37th $639 $644 $847 $1,047 $1,450
Rowan County 38th $707 $712 $874 $1,144 $1,185
Wayne County 39th $641 $645 $849 $1,049 $1,429
Macon County 40th $660 $695 $811 $1,003 $1,388
Alamance County 41st $619 $698 $891 $1,126 $1,208
Clay County 42nd $668 $721 $821 $1,015 $1,296
Tyrrell County 43rd $651 $702 $800 $1,072 $1,263
Gates County 44th $663 $677 $795 $1,023 $1,317
Hoke County 45th $642 $646 $771 $1,095 $1,320
Polk County 46th $710 $713 $823 $1,017 $1,195
Lee County 47th $671 $723 $824 $1,030 $1,196
Yadkin County 48th $623 $664 $808 $1,075 $1,249
Stokes County 48th $623 $664 $808 $1,075 $1,249
Davie County 48th $623 $664 $808 $1,075 $1,249
Forsyth County 48th $623 $664 $808 $1,075 $1,249
Nash County 52nd $625 $639 $813 $1,106 $1,198
Edgecombe County 52nd $625 $639 $813 $1,106 $1,198
Avery County 54th $645 $649 $854 $1,056 $1,158
Lincoln County 55th $669 $673 $816 $1,054 $1,132
Hertford County 56th $619 $623 $820 $1,014 $1,191
Halifax County 57th $614 $618 $813 $1,005 $1,201
Wilson County 58th $595 $680 $823 $1,029 $1,116
Richmond County 59th $624 $635 $724 $1,020 $1,239
Vance County 60th $631 $640 $741 $1,006 $1,175
Jackson County 61st $626 $637 $726 $1,030 $1,146
Stanly County 62nd $517 $641 $747 $998 $1,256
Anson County 63rd $535 $612 $805 $995 $1,211
Washington County 64th $575 $579 $724 $980 $1,239
Cherokee County 65th $579 $583 $767 $1,000 $1,151
Martin County 66th $558 $561 $724 $996 $1,239
Person County 67th $589 $593 $780 $1,054 $1,058
Lenoir County 68th $505 $578 $760 $1,025 $1,201
Greene County 69th $547 $550 $724 $989 $1,239
Wilkes County 70th $589 $610 $724 $998 $1,127
Davidson County 71st $553 $556 $724 $973 $1,239
Rockingham County 72nd $581 $585 $755 $991 $1,129
Hyde County 73rd $587 $591 $739 $956 $1,167
Surry County 74th $583 $587 $724 $946 $1,184
Warren County 75th $555 $558 $724 $946 $1,239
Alleghany County 76th $557 $561 $738 $912 $1,250
Swain County 77th $575 $579 $724 $986 $1,143
Caswell County 78th $589 $635 $724 $996 $1,036
Ashe County 79th $569 $573 $724 $901 $1,208
Beaufort County 80th $571 $575 $724 $997 $1,100
Bladen County 81st $547 $550 $724 $997 $1,136
Yancey County 82nd $528 $566 $724 $977 $1,154
McDowell County 83rd $593 $597 $724 $895 $1,127
Alexander County 84th $589 $592 $724 $943 $1,085
Burke County 84th $589 $592 $724 $943 $1,085
Caldwell County 84th $589 $592 $724 $943 $1,085
Catawba County 84th $589 $592 $724 $943 $1,085
Cleveland County 88th $504 $550 $724 $976 $1,160
Columbus County 89th $547 $550 $724 $946 $1,143
Sampson County 90th $547 $550 $724 $930 $1,121
Northampton County 91st $572 $575 $757 $936 $1,027
Bertie County 92nd $547 $550 $724 $925 $1,120
Graham County 93rd $547 $550 $724 $895 $1,143
Mitchell County 93rd $547 $550 $724 $895 $1,143
Montgomery County 95th $558 $561 $724 $895 $1,083
Duplin County 96th $556 $560 $737 $911 $1,054
Rutherford County 97th $563 $567 $724 $895 $1,060
Jones County 98th $547 $550 $724 $988 $992
Robeson County 99th $547 $550 $724 $919 $1,021
Scotland County 100th $547 $550 $724 $912 $982

More on North Carolina

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

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.