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Metro FMR area · NC · HUD FY 2027

Asheville, NC Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Asheville, NC area is $1,866 a month, 29% above the North Carolina average and 6% above the U.S. average of $1,761. ZIP-level Small Area FMRs for its 54 ZIP codes range from $1,660 to $2,540.

  • $1,8662-bedroom FMR+$31 (+1.7%) vs FY 2026
  • $1,7141-bedroom FMRU.S.: $1,478
  • $74,640Income for a 2-bedroomat 30% of income
  • 414,711Residents3 counties

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,866/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Asheville, NC FMR$1,866$74,640–
North Carolina average$1,441$57,645–
U.S. average$1,761$70,432–
Asheville, NC Fair Market Rents, FY 2027 vs FY 2026
UnitAsheville, NC FY 2027FY 2026ChangeNorth Carolina avgU.S. avgIncome needed
Studio$1,482$1,436+$46 (+3.2%)$1,215$1,379$59,280
1 bedroom$1,714$1,674+$40 (+2.4%)$1,282$1,478$68,560
2 bedrooms$1,866$1,835+$31 (+1.7%)$1,441$1,761$74,640
3 bedrooms$2,223$2,231−$8 (−0.4%)$1,823$2,266$88,920
4 bedrooms$3,109$3,078+$31 (+1.0%)$2,256$2,607$124,360

Counties in this FMR area

Counties in the Asheville, NC FMR area
CountyResidents in area
Buncombe County, NC274,360
Henderson County, NC118,484
Madison County, NC21,867

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,700.

FY 2027 Small Area Fair Market Rents, Asheville, NC
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
28655$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28701$1,300$1,510$1,660$2,010$2,780−$130 (−7.3%)11% below
28704$1,640$1,900$2,070$2,470$3,450+$20 (+1.0%)11% above
28709$1,720$1,990$2,170$2,590$3,620+$20 (+0.9%)16% above
28710$1,350$1,510$1,680$2,060$2,780no change10% below
28711$1,430$1,660$1,810$2,150$3,000+$80 (+4.6%)3% below
28714$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28715$1,450$1,670$1,820$2,170$3,030no change2% below
28716$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28721$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28724$1,350$1,560$1,700$2,030$2,830+$20 (+1.2%)9% below
28726$1,300$1,510$1,660$2,010$2,780+$210 (+14.5%)11% below
28727$1,350$1,560$1,700$2,030$2,830+$20 (+1.2%)9% below
28728$1,550$1,790$1,950$2,320$3,250+$30 (+1.6%)5% above
28729$2,020$2,330$2,540$3,030$4,230−$140 (−5.2%)36% above
28730$1,350$1,560$1,700$2,030$2,830+$80 (+4.9%)9% below
28731$1,300$1,510$1,660$2,010$2,780+$170 (+11.4%)11% below
28732$1,480$1,720$1,870$2,230$3,120+$10 (+0.5%)about the same as
28735$1,340$1,550$1,690$2,020$2,820+$80 (+5.0%)9% below
28739$1,300$1,510$1,660$2,010$2,780+$70 (+4.4%)11% below
28742$1,590$1,810$2,000$2,400$3,300+$480 (+31.6%)7% above
28743$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28746$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28748$1,330$1,530$1,670$2,010$2,780+$120 (+7.7%)11% below
28753$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28754$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28756$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28757$1,300$1,510$1,660$2,010$2,780+$120 (+7.8%)11% below
28758$1,350$1,560$1,700$2,030$2,830+$30 (+1.8%)9% below
28759$1,800$2,090$2,270$2,700$3,780+$150 (+7.1%)22% above
28760$1,350$1,560$1,700$2,030$2,830+$20 (+1.2%)9% below
28762$1,300$1,510$1,660$2,010$2,780+$230 (+16.1%)11% below
28766$1,300$1,510$1,660$2,020$2,780+$120 (+7.8%)11% below
28768$1,300$1,510$1,660$2,010$2,780+$290 (+21.2%)11% below
28770$1,400$1,620$1,770$2,110$2,920+$80 (+4.7%)5% below
28773$1,300$1,510$1,660$2,010$2,780+$220 (+15.3%)11% below
28776$1,550$1,790$1,950$2,320$3,250+$30 (+1.6%)5% above
28778$1,300$1,510$1,660$2,010$2,780+$80 (+5.1%)11% below
28784$1,350$1,560$1,700$2,030$2,830+$20 (+1.2%)9% below
28787$1,450$1,670$1,820$2,170$3,030+$30 (+1.7%)2% below
28790$1,420$1,650$1,810$2,200$3,040−$200 (−10.0%)3% below
28791$1,350$1,560$1,700$2,030$2,830+$30 (+1.8%)9% below
28792$1,340$1,550$1,690$2,010$2,820+$80 (+5.0%)9% below
28793$1,350$1,560$1,700$2,030$2,830+$20 (+1.2%)9% below
28801$1,560$1,800$1,960$2,340$3,270−$20 (−1.0%)5% above
28802$1,550$1,790$1,950$2,320$3,250+$30 (+1.6%)5% above
28803$1,740$2,010$2,190$2,660$3,680−$240 (−9.9%)17% above
28804$1,700$1,970$2,140$2,550$3,570no change15% above
28805$1,500$1,740$1,890$2,250$3,150+$40 (+2.2%)1% above
28806$1,470$1,700$1,850$2,200$3,080−$30 (−1.6%)1% below
28813$1,550$1,790$1,950$2,320$3,250+$30 (+1.6%)5% above
28814$1,550$1,790$1,950$2,320$3,250+$30 (+1.6%)5% above
28815$1,550$1,790$1,950$2,320$3,250+$30 (+1.6%)5% above
28816$1,550$1,790$1,950$2,320$3,250+$30 (+1.6%)5% above

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.