FMR is below market; voucher rent may lag private rents.
0.64
1 BR
1 BR- 28610
0.68ratio
FMR$980
Market$1,450
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.68
2 BR
2 BR- 28610
0.76ratio
FMR$1,170
Market$1,540
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR- 28610
0.78ratio
FMR$1,430
Market$1,840
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR- 28610
0.83ratio
FMR$1,740
Market$2,090
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.83
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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Claremont, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Claremont, NC is $1,170 a month. That is up 2.6% from $1,140 in FY 2026. Claremont is in the Hickory-Lenoir-Morganton, 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 $1,147. The median county two-bedroom FMR in North Carolina is $1,145, so Claremont is 2% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Claremont, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$890
$980
+10.1%
$882–$1,078
1BR
$940
$980
+4.3%
$882–$1,078
2BR
$1,140
$1,170
+2.6%
$1,053–$1,287
3BR
$1,430
$1,430
0.0%
$1,287–$1,573
4BR
$1,730
$1,740
+0.6%
$1,566–$1,914
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Claremont, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$980
$1,170
$1,430
$1,740
FY 2026
$890
$940
$1,140
$1,430
$1,730
FY 2025
$850
$890
$1,090
$1,390
$1,630
FY 2024
$870
$900
$1,090
$1,410
$1,620
FY 2023
$730
$730
$890
$1,160
$1,330
Questions about Claremont, NC rents
How much will Section 8 pay for a two-bedroom in Claremont, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,147, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,032 to $1,262 a month; under the ZIP-level Small Area FMR of $1,170 it would be $1,053 to $1,287. 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 Claremont, NC in?
Claremont, NC is in the Hickory-Lenoir-Morganton, NC MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,147.
How much did fair market rent change in Claremont, NC for FY 2027?
The two-bedroom FMR rose 2.6%, from $1,140 in FY 2026 to $1,170 in FY 2027. Since FY 2023 it has risen 31.5%.
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