North Carolina · FIPS 37145 · HUD FY 2027
Person County, North Carolina Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Person County is $1,012 a month (rent plus utilities), 30% below the North Carolina average of $1,441 and 43% below the U.S. average of $1,761. That is up $64 (6.8%) from FY 2026. At 30% of income, a household needs about $40,480 a year to afford it.
- $1,0122-bedroom FMR+$64 (+6.8%) vs FY 2026
- $8051-bedroom FMRNorth Carolina: $1,282 · U.S.: $1,478
- $40,480Income for a 2-bedroom$19/hour full-time
- 66 of 1002BR rank in North Carolina1 = highest rent
| Unit | Person County FY 2027 | FY 2026 | Change | North Carolina avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $800 | $739 | +$61 (+8.3%) | $1,215 | $1,379 | $32,000 |
| 1 bedroom | $805 | $744 | +$61 (+8.2%) | $1,282 | $1,478 | $32,200 |
| 2 bedrooms | $1,012 | $948 | +$64 (+6.8%) | $1,441 | $1,761 | $40,480 |
| 3 bedrooms | $1,401 | $1,318 | +$83 (+6.3%) | $1,823 | $2,266 | $56,040 |
| 4 bedrooms | $1,460 | $1,377 | +$83 (+6.0%) | $2,256 | $2,607 | $58,400 |
How Person County compares
- HUD sets this rent for the Person County, NC metro FMR area, which covers 39,542 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: $800, $805, $1,012, $1,401, $1,460. 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 6 ZIP codes mostly in Person County (by land area), the 2-bedroom figure ranges from $1,010 to $1,540.
Small Area FMRs by ZIP code in Person County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 27343 | $850 | $850 | $1,060 | $1,430 | $1,590 | −$40 (−3.6%) | 5% above |
| 27541 | $1,280 | $1,360 | $1,540 | $1,910 | $2,280 | −$150 (−8.9%) | 52% above |
| 27572 | $1,280 | $1,360 | $1,540 | $1,910 | $2,280 | −$150 (−8.9%) | 52% above |
| 27573 | $800 | $800 | $1,010 | $1,400 | $1,460 | +$80 (+8.6%) | about the same as |
| 27574 | $930 | $990 | $1,150 | $1,590 | $1,660 | −$50 (−4.2%) | 14% above |
| 27583 | $1,280 | $1,360 | $1,540 | $1,910 | $2,280 | −$150 (−8.9%) | 52% 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.