North Carolina · FIPS 37057 · HUD FY 2027
Davidson County, North Carolina Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Davidson County is $1,087 a month (rent plus utilities), 25% below the North Carolina average of $1,441 and 38% below the U.S. average of $1,761. That is up $127 (13.2%) from FY 2026. At 30% of income, a household needs about $43,480 a year to afford it.
- $1,0872-bedroom FMR+$127 (+13.2%) vs FY 2026
- $9991-bedroom FMRNorth Carolina: $1,282 · U.S.: $1,478
- $43,480Income for a 2-bedroom$21/hour full-time
- 54 of 1002BR rank in North Carolina1 = highest rent
| Unit | Davidson County FY 2027 | FY 2026 | Change | North Carolina avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $959 | $816 | +$143 (+17.5%) | $1,215 | $1,379 | $38,360 |
| 1 bedroom | $999 | $876 | +$123 (+14.0%) | $1,282 | $1,478 | $39,960 |
| 2 bedrooms | $1,087 | $960 | +$127 (+13.2%) | $1,441 | $1,761 | $43,480 |
| 3 bedrooms | $1,505 | $1,316 | +$189 (+14.4%) | $1,823 | $2,266 | $60,200 |
| 4 bedrooms | $1,817 | $1,591 | +$226 (+14.2%) | $2,256 | $2,607 | $72,680 |
How Davidson County compares
- HUD sets this rent for the Davidson County, NC metro FMR area, which covers 172,954 residents in 1 county.
- Across North Carolina, 2-bedroom FMRs run from $1,012 (Wilkes County) to $1,866 (Buncombe County).
- Studio to 4-bedroom: $959, $999, $1,087, $1,505, $1,817. 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 8 ZIP codes mostly in Davidson County (by land area), the 2-bedroom figure ranges from $1,010 to $1,160.
Small Area FMRs by ZIP code in Davidson County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 27107 | $960 | $1,060 | $1,160 | $1,550 | $1,880 | +$70 (+6.4%) | 7% above |
| 27239 | $890 | $930 | $1,010 | $1,380 | $1,660 | +$50 (+5.2%) | 7% below |
| 27292 | $920 | $960 | $1,040 | $1,440 | $1,740 | −$10 (−1.0%) | 4% below |
| 27295 | $960 | $1,000 | $1,090 | $1,510 | $1,820 | +$150 (+16.0%) | about the same as |
| 27299 | $1,020 | $1,070 | $1,160 | $1,610 | $1,940 | +$80 (+7.4%) | 7% above |
| 27351 | $920 | $960 | $1,040 | $1,440 | $1,740 | −$10 (−1.0%) | 4% below |
| 27360 | $940 | $980 | $1,070 | $1,470 | $1,770 | +$60 (+5.9%) | 2% below |
| 27374 | $960 | $1,000 | $1,090 | $1,510 | $1,820 | +$150 (+16.0%) | about the same as |
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.