North Carolina · FIPS 37031 · HUD FY 2027
Carteret County, North Carolina Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Carteret County is $1,277 a month (rent plus utilities), 11% below the North Carolina average of $1,441 and 27% below the U.S. average of $1,761. That is up $79 (6.6%) from FY 2026. At 30% of income, a household needs about $51,080 a year to afford it.
- $1,2772-bedroom FMR+$79 (+6.6%) vs FY 2026
- $9761-bedroom FMRNorth Carolina: $1,282 · U.S.: $1,478
- $51,080Income for a 2-bedroom$25/hour full-time
- 31 of 1002BR rank in North Carolina1 = highest rent
| Unit | Carteret County FY 2027 | FY 2026 | Change | North Carolina avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $970 | $907 | +$63 (+6.9%) | $1,215 | $1,379 | $38,800 |
| 1 bedroom | $976 | $913 | +$63 (+6.9%) | $1,282 | $1,478 | $39,040 |
| 2 bedrooms | $1,277 | $1,198 | +$79 (+6.6%) | $1,441 | $1,761 | $51,080 |
| 3 bedrooms | $1,607 | $1,541 | +$66 (+4.3%) | $1,823 | $2,266 | $64,280 |
| 4 bedrooms | $2,132 | $1,966 | +$166 (+8.4%) | $2,256 | $2,607 | $85,280 |
How Carteret County compares
- Carteret County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across North Carolina, 2-bedroom FMRs run from $1,012 (Wilkes County) to $1,866 (Buncombe County).
- Studio to 4-bedroom: $970, $976, $1,277, $1,607, $2,132. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 17 ZIP codes mostly in Carteret County (by land area), the 2-bedroom figure ranges from $1,090 to $1,860.
Small Area FMRs by ZIP code in Carteret County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 28511 | $940 | $950 | $1,240 | $1,560 | $2,070 | +$40 (+3.3%) | 3% below |
| 28512 | $950 | $960 | $1,250 | $1,570 | $2,090 | +$80 (+6.8%) | 2% below |
| 28516 | $830 | $830 | $1,090 | $1,390 | $1,820 | −$10 (−0.9%) | 15% below |
| 28520 | $970 | $980 | $1,280 | $1,610 | $2,140 | +$150 (+13.3%) | about the same as |
| 28524 | $970 | $980 | $1,280 | $1,610 | $2,140 | +$80 (+6.7%) | about the same as |
| 28528 | $970 | $980 | $1,280 | $1,610 | $2,140 | +$180 (+16.4%) | about the same as |
| 28531 | $930 | $930 | $1,220 | $1,540 | $2,040 | +$30 (+2.5%) | 4% below |
| 28553 | $970 | $980 | $1,280 | $1,610 | $2,140 | +$80 (+6.7%) | about the same as |
| 28557 | $1,030 | $1,030 | $1,350 | $1,700 | $2,250 | +$80 (+6.3%) | 6% above |
| 28570 | $890 | $890 | $1,170 | $1,470 | $1,950 | +$40 (+3.5%) | 8% below |
| 28575 | $950 | $960 | $1,250 | $1,570 | $2,090 | +$80 (+6.8%) | 2% below |
| 28577 | $940 | $950 | $1,240 | $1,560 | $2,070 | +$40 (+3.3%) | 3% below |
| 28579 | $970 | $980 | $1,280 | $1,610 | $2,140 | +$180 (+16.4%) | about the same as |
| 28581 | $970 | $980 | $1,280 | $1,610 | $2,140 | +$100 (+8.5%) | about the same as |
| 28584 | $1,230 | $1,240 | $1,580 | $2,080 | $2,640 | +$110 (+7.5%) | 24% above |
| 28589 | $970 | $980 | $1,280 | $1,610 | $2,140 | +$180 (+16.4%) | about the same as |
| 28594 | $1,410 | $1,420 | $1,860 | $2,340 | $3,110 | +$170 (+10.1%) | 46% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.