FMR is near market; voucher and private rents are aligned.
0.91
1 BR
1 BR- 28006
0.94ratio
FMR$1,200
Market$1,270
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.94
2 BR
2 BR- 28006
0.90ratio
FMR$1,310
Market$1,460
vs market-$150
FMR is below market; voucher rent may lag private rents.
0.90
3 BR
3 BR- 28006
0.97ratio
FMR$1,730
Market$1,790
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR- 28006
1.01ratio
FMR$2,130
Market$2,100
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.01
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Alexis, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Alexis, NC is $1,310 a month. That is up 5.6% from $1,240 in FY 2026. Alexis is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in North Carolina is $1,145, so Alexis is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Alexis, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,080
$1,160
+7.4%
$1,044–$1,276
1BR
$1,130
$1,200
+6.2%
$1,080–$1,320
2BR
$1,240
$1,310
+5.6%
$1,179–$1,441
3BR
$1,640
$1,730
+5.5%
$1,557–$1,903
4BR
$2,020
$2,130
+5.4%
$1,917–$2,343
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Alexis, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,160
$1,200
$1,310
$1,730
$2,130
FY 2026
$1,080
$1,130
$1,240
$1,640
$2,020
FY 2025
$1,170
$1,210
$1,340
$1,780
$2,030
FY 2024
$1,100
$1,130
$1,260
$1,620
$1,860
FY 2023
$870
$890
$1,010
$1,290
$1,540
Questions about Alexis, NC rents
How much will Section 8 pay for a two-bedroom in Alexis, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,310, that basic range is $1,179 to $1,441 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Alexis, NC in?
Alexis, NC is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Alexis, NC for FY 2027?
The two-bedroom FMR rose 5.6%, from $1,240 in FY 2026 to $1,310 in FY 2027. Since FY 2023 it has risen 29.7%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set