FMR is near market; voucher and private rents are aligned.
0.97
1 BR
1 BR- 28012
1.03ratio
FMR$1,470
Market$1,430
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR- 28012
0.94ratio
FMR$1,600
Market$1,710
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 28012
0.92ratio
FMR$1,950
Market$2,110
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 28012
0.97ratio
FMR$2,490
Market$2,580
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.97
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
--
Belmont, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Belmont, NC is $1,600 a month. That is up 8.1% from $1,480 in FY 2026. Belmont 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 Belmont is 40% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Belmont, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,290
$1,410
+9.3%
$1,269–$1,551
1BR
$1,350
$1,470
+8.9%
$1,323–$1,617
2BR
$1,480
$1,600
+8.1%
$1,440–$1,760
3BR
$1,820
$1,950
+7.1%
$1,755–$2,145
4BR
$2,310
$2,490
+7.8%
$2,241–$2,739
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Belmont, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,410
$1,470
$1,600
$1,950
$2,490
FY 2026
$1,290
$1,350
$1,480
$1,820
$2,310
FY 2025
$1,390
$1,450
$1,600
$1,970
$2,500
FY 2024
$1,180
$1,210
$1,360
$1,690
$2,170
FY 2023
$1,010
$1,040
$1,170
$1,480
$1,920
Questions about Belmont, NC rents
How much will Section 8 pay for a two-bedroom in Belmont, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,600, that basic range is $1,440 to $1,760 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 Belmont, NC in?
Belmont, 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 Belmont, NC for FY 2027?
The two-bedroom FMR rose 8.1%, from $1,480 in FY 2026 to $1,600 in FY 2027. Since FY 2023 it has risen 36.8%.
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