FMR is near market; voucher and private rents are aligned.
1.05
1 BR
1 BR- 28711
1.11ratio
FMR$1,660
Market$1,500
vs market+$160
FMR is above market; underwrite to market rent.
1.11
2 BR
2 BR- 28711
0.97ratio
FMR$1,810
Market$1,860
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR- 28711
0.88ratio
FMR$2,150
Market$2,430
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR- 28711
1.07ratio
FMR$3,000
Market$2,810
vs market+$190
FMR is near market; voucher and private rents are aligned.
1.07
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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Black Mountain, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Black Mountain, NC is $1,810 a month. That is up 4.6% from $1,730 in FY 2026. Black Mountain is in the Rutherford County, NC non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,012. The median county two-bedroom FMR in North Carolina is $1,145, so Black Mountain is 58% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Black Mountain, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,360
$1,430
+5.1%
$1,287–$1,573
1BR
$1,580
$1,660
+5.1%
$1,494–$1,826
2BR
$1,730
$1,810
+4.6%
$1,629–$1,991
3BR
$2,110
$2,150
+1.9%
$1,935–$2,365
4BR
$2,900
$3,000
+3.4%
$2,700–$3,300
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Black Mountain, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,430
$1,660
$1,810
$2,150
$3,000
FY 2026
$1,360
$1,580
$1,730
$2,110
$2,900
FY 2025
$1,290
$1,350
$1,520
$1,950
$2,570
FY 2024
$1,240
$1,300
$1,460
$1,880
$2,480
FY 2023
$1,070
$1,090
$1,250
$1,700
$2,130
Questions about Black Mountain, NC rents
How much will Section 8 pay for a two-bedroom in Black Mountain, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,012, which applies unless the housing authority uses Small Area FMRs, that basic range is $911 to $1,113 a month; under the ZIP-level Small Area FMR of $1,810 it would be $1,629 to $1,991. 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 Black Mountain, NC in?
Black Mountain, NC is in the Rutherford County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,012.
How much did fair market rent change in Black Mountain, NC for FY 2027?
The two-bedroom FMR rose 4.6%, from $1,730 in FY 2026 to $1,810 in FY 2027. Since FY 2023 it has risen 44.8%.
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