Randolph County, NC

2024 Fair Market Rents

Tags: 2024 Greensboro-High Point, 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 Randolph County are Asheboro, Trinity, Ramseur, and Sophia. 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 Randolph County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Randolph 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 Randolph County compare?

Randolph County ($1,170) has a 8% higher FMR for 2-Bedroom housing than the average of North Carolina ($1,083) and therefore a higher gross rent.

Randolph County is rank 25th out of 100 counties. This means the FMRs, or in other words, the gross rent is higher than 75 other counties. Randolph County is the 25th most expensive county in terms of FMRs.

Rent Tables Randolph County, NC

Fair Market Rent (40th Percentile)

$1,011
studio
$1,042
1-Bedroom
$1,170
2-Bedroom
$1,493
3-Bedroom
$1,680
4-Bedroom

Median Rent (50th Percentile)

$1,083
studio
$1,116
1-Bedroom
$1,253
2-Bedroom
$1,599
3-Bedroom
$1,799
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
27203 $0 $830 $940 $1,210 $1,360
27205 $0 $890 $1,000 $1,280 $1,440
27230 $0 $860 $960 $1,220 $1,380
27248 $0 $1,020 $1,150 $1,470 $1,650
27316 $0 $890 $1,000 $1,280 $1,440
27350 $0 $900 $1,010 $1,290 $1,450
27370 $0 $940 $1,060 $1,350 $1,520
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
27203 $729 $747 $846 $1,089 $1,224
27205 $774 $801 $900 $1,152 $1,296
27230 $747 $774 $864 $1,098 $1,242
27248 $891 $918 $1,035 $1,323 $1,485
27316 $774 $801 $900 $1,152 $1,296
27350 $783 $810 $909 $1,161 $1,305
27370 $828 $846 $954 $1,215 $1,368
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
27203 $891 $913 $1,034 $1,331 $1,496
27205 $946 $979 $1,100 $1,408 $1,584
27230 $913 $946 $1,056 $1,342 $1,518
27248 $1,089 $1,122 $1,265 $1,617 $1,815
27316 $946 $979 $1,100 $1,408 $1,584
27350 $957 $990 $1,111 $1,419 $1,595
27370 $1,012 $1,034 $1,166 $1,485 $1,672

Fair Market Rents on this page apply to the following cities in Randolph County, North Carolina: Asheboro, Trinity, Ramseur, Sophia, Franklinville, and Cedar Falls.

These Fair Market Rents also apply to the following ZIP codes in Randolph County, North Carolina: 27205, 27203, 27370, 27316, 27350, 27248, and 27230.

Randolph County, NC is considered part of the following metro FMR area: GREENSBORO-HIGH POINT, NC HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Guilford County, NC.

More on Randolph County, NC

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