FMR is below market; voucher rent may lag private rents.
0.78
1 BR
1 BR- 28710
0.96ratio
FMR$1,510
Market$1,580
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 28710
0.88ratio
FMR$1,680
Market$1,910
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 28710
0.83ratio
FMR$2,060
Market$2,470
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.83
4 BR
4 BR- 28710
0.91ratio
FMR$2,780
Market$3,040
vs market-$260
FMR is near market; voucher and private rents are aligned.
0.91
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
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Bat Cave, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bat Cave, NC is $1,680 a month. That is unchanged from FY 2026. Bat Cave is in the Asheville, NC MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,866. The median county two-bedroom FMR in North Carolina is $1,145, so Bat Cave is 47% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bat Cave, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,320
$1,350
+2.3%
$1,215–$1,485
1BR
$1,530
$1,510
−1.3%
$1,359–$1,661
2BR
$1,680
$1,680
0.0%
$1,512–$1,848
3BR
$2,040
$2,060
+1.0%
$1,854–$2,266
4BR
$2,820
$2,780
−1.4%
$2,502–$3,058
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bat Cave, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,350
$1,510
$1,680
$2,060
$2,780
FY 2026
$1,320
$1,530
$1,680
$2,040
$2,820
FY 2025
$1,290
$1,350
$1,520
$1,950
$2,570
FY 2024
$1,330
$1,390
$1,560
$2,010
$2,650
FY 2023
$1,180
$1,200
$1,360
$1,810
$2,320
Questions about Bat Cave, NC rents
How much will Section 8 pay for a two-bedroom in Bat Cave, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,866, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,679 to $2,053 a month; under the ZIP-level Small Area FMR of $1,680 it would be $1,512 to $1,848. 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 Bat Cave, NC in?
Bat Cave, NC is in the Asheville, NC MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,866.
How much did fair market rent change in Bat Cave, NC for FY 2027?
The two-bedroom FMR was unchanged at $1,680 in FY 2027. Since FY 2023 it has risen 23.5%.
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