FMR is below market; voucher rent may lag private rents.
0.65
1 BR
1 BR- 28712
0.76ratio
FMR$1,150
Market$1,510
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 28712
0.81ratio
FMR$1,430
Market$1,770
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 28712
0.80ratio
FMR$1,840
Market$2,300
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 28712
0.90ratio
FMR$2,160
Market$2,400
vs market-$240
FMR is near market; voucher and private rents are aligned.
0.90
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
--
Brevard, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Brevard, NC is $1,430 a month. That is up 2.9% from $1,390 in FY 2026. Brevard is in the Transylvania 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 $1,386. The median county two-bedroom FMR in North Carolina is $1,145, so Brevard is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Brevard, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,050
$1,150
+9.5%
$1,035–$1,265
1BR
$1,060
$1,150
+8.5%
$1,035–$1,265
2BR
$1,390
$1,430
+2.9%
$1,287–$1,573
3BR
$1,670
$1,840
+10.2%
$1,656–$2,024
4BR
$2,090
$2,160
+3.3%
$1,944–$2,376
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Brevard, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,150
$1,150
$1,430
$1,840
$2,160
FY 2026
$1,050
$1,060
$1,390
$1,670
$2,090
FY 2025
$880
$880
$1,160
$1,400
$1,740
FY 2024area FMR
$853
$858
$1,128
$1,364
$1,738
FY 2023area FMR
$751
$756
$995
$1,211
$1,530
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Brevard, NC rents
How much will Section 8 pay for a two-bedroom in Brevard, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,386, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,247 to $1,525 a month; under the ZIP-level Small Area FMR of $1,430 it would be $1,287 to $1,573. 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 Brevard, NC in?
Brevard, NC is in the Transylvania County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,386.
How much did fair market rent change in Brevard, NC for FY 2027?
The two-bedroom FMR rose 2.9%, from $1,390 in FY 2026 to $1,430 in FY 2027. Since FY 2025 it has risen 23.3%.
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