FMR is below market; voucher rent may lag private rents.
0.80
1 BR
1 BR- 28327
0.86ratio
FMR$1,350
Market$1,570
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.86
2 BR
2 BR- 28327
0.95ratio
FMR$1,480
Market$1,550
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 28327
1.05ratio
FMR$2,060
Market$1,970
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.05
4 BR
4 BR- 28327
0.99ratio
FMR$2,480
Market$2,510
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.99
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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Carthage, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Carthage, NC is $1,480 a month. That is down 9.8% from $1,640 in FY 2026. Carthage is in the Pinehurst-Southern Pines, 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 $1,223. The median county two-bedroom FMR in North Carolina is $1,145, so Carthage is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Carthage, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,400
$1,260
−10.0%
$1,134–$1,386
1BR
$1,500
$1,350
−10.0%
$1,215–$1,485
2BR
$1,640
$1,480
−9.8%
$1,332–$1,628
3BR
$2,280
$2,060
−9.6%
$1,854–$2,266
4BR
$2,750
$2,480
−9.8%
$2,232–$2,728
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Carthage, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,260
$1,350
$1,480
$2,060
$2,480
FY 2026
$1,400
$1,500
$1,640
$2,280
$2,750
FY 2025
$1,230
$1,280
$1,420
$1,990
$2,380
FY 2024area FMR
$863
$886
$995
$1,402
$1,689
FY 2023area FMR
$774
$808
$913
$1,276
$1,555
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Carthage, NC rents
How much will Section 8 pay for a two-bedroom in Carthage, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,223, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,101 to $1,345 a month; under the ZIP-level Small Area FMR of $1,480 it would be $1,332 to $1,628. 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 Carthage, NC in?
Carthage, NC is in the Pinehurst-Southern Pines, NC MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,223.
How much did fair market rent change in Carthage, NC for FY 2027?
The two-bedroom FMR fell 9.8%, from $1,640 in FY 2026 to $1,480 in FY 2027. Since FY 2025 it has risen 4.2%.
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