North Carolina · FIPS 37199 · HUD FY 2027
Yancey County, North Carolina Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Yancey County is $1,050 a month (rent plus utilities), 27% below the North Carolina average of $1,441 and 40% below the U.S. average of $1,761. That is up $115 (12.3%) from FY 2026. At 30% of income, a household needs about $42,000 a year to afford it.
- $1,0502-bedroom FMR+$115 (+12.3%) vs FY 2026
- $8031-bedroom FMRNorth Carolina: $1,282 · U.S.: $1,478
- $42,000Income for a 2-bedroom$20/hour full-time
- 59 of 1002BR rank in North Carolina1 = highest rent
| Unit | Yancey County FY 2027 | FY 2026 | Change | North Carolina avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $797 | $708 | +$89 (+12.6%) | $1,215 | $1,379 | $31,880 |
| 1 bedroom | $803 | $713 | +$90 (+12.6%) | $1,282 | $1,478 | $32,120 |
| 2 bedrooms | $1,050 | $935 | +$115 (+12.3%) | $1,441 | $1,761 | $42,000 |
| 3 bedrooms | $1,352 | $1,233 | +$119 (+9.7%) | $1,823 | $2,266 | $54,080 |
| 4 bedrooms | $1,380 | $1,238 | +$142 (+11.5%) | $2,256 | $2,607 | $55,200 |
How Yancey County compares
- Yancey 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: $797, $803, $1,050, $1,352, $1,380. 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 3 ZIP codes mostly in Yancey County (by land area), the 2-bedroom figure ranges from $1,050 to $1,660.
Small Area FMRs by ZIP code in Yancey County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 28714 | $1,300 | $1,510 | $1,660 | $2,010 | $2,780 | +$290 (+21.2%) | 58% above |
| 28740 | $930 | $940 | $1,220 | $1,560 | $1,610 | +$160 (+15.1%) | 16% above |
| 28755 | $800 | $800 | $1,050 | $1,350 | $1,380 | +$110 (+11.7%) | 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.