North Carolina · FIPS 37055 · HUD FY 2027
Dare County, North Carolina Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Dare County is $1,510 a month (rent plus utilities), 5% above the North Carolina average of $1,441 and 14% below the U.S. average of $1,761. That is up $80 (5.6%) from FY 2026. At 30% of income, a household needs about $60,400 a year to afford it.
- $1,5102-bedroom FMR+$80 (+5.6%) vs FY 2026
- $1,3871-bedroom FMRNorth Carolina: $1,282 · U.S.: $1,478
- $60,400Income for a 2-bedroom$29/hour full-time
- 18 of 1002BR rank in North Carolina1 = highest rent
| Unit | Dare County FY 2027 | FY 2026 | Change | North Carolina avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,194 | $1,120 | +$74 (+6.6%) | $1,215 | $1,379 | $47,760 |
| 1 bedroom | $1,387 | $1,305 | +$82 (+6.3%) | $1,282 | $1,478 | $55,480 |
| 2 bedrooms | $1,510 | $1,430 | +$80 (+5.6%) | $1,441 | $1,761 | $60,400 |
| 3 bedrooms | $1,918 | $1,821 | +$97 (+5.3%) | $1,823 | $2,266 | $76,720 |
| 4 bedrooms | $2,001 | $1,893 | +$108 (+5.7%) | $2,256 | $2,607 | $80,040 |
How Dare County compares
- Dare 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: $1,194, $1,387, $1,510, $1,918, $2,001. 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 14 ZIP codes mostly in Dare County (by land area), the 2-bedroom figure ranges from $1,290 to $1,780.
Small Area FMRs by ZIP code in Dare County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 27915 | $1,190 | $1,390 | $1,510 | $1,920 | $2,000 | +$80 (+5.6%) | same |
| 27920 | $1,190 | $1,390 | $1,510 | $1,920 | $2,000 | +$80 (+5.6%) | same |
| 27936 | $1,300 | $1,520 | $1,660 | $2,110 | $2,200 | −$180 (−9.8%) | 10% above |
| 27943 | $1,300 | $1,520 | $1,660 | $2,110 | $2,200 | −$180 (−9.8%) | 10% above |
| 27948 | $1,410 | $1,640 | $1,780 | $2,260 | $2,360 | +$190 (+11.9%) | 18% above |
| 27949 | $1,220 | $1,410 | $1,540 | $1,960 | $2,040 | −$70 (−4.3%) | 2% above |
| 27953 | $1,100 | $1,280 | $1,390 | $1,770 | $1,840 | +$70 (+5.3%) | 8% below |
| 27954 | $1,170 | $1,360 | $1,480 | $1,880 | $1,960 | +$60 (+4.2%) | 2% below |
| 27959 | $1,010 | $1,180 | $1,290 | $1,640 | $1,710 | +$20 (+1.6%) | 15% below |
| 27968 | $1,190 | $1,390 | $1,510 | $1,920 | $2,000 | +$80 (+5.6%) | same |
| 27972 | $1,190 | $1,390 | $1,510 | $1,920 | $2,000 | +$80 (+5.6%) | same |
| 27978 | $1,100 | $1,280 | $1,390 | $1,770 | $1,840 | +$70 (+5.3%) | 8% below |
| 27981 | $1,170 | $1,360 | $1,480 | $1,880 | $1,960 | +$60 (+4.2%) | 2% below |
| 27982 | $1,190 | $1,390 | $1,510 | $1,920 | $2,000 | +$80 (+5.6%) | same |
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.