FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR- 27012
1.16ratio
FMR$1,330
Market$1,150
vs market+$180
FMR is above market; underwrite to market rent.
1.16
2 BR
2 BR- 27012
0.95ratio
FMR$1,450
Market$1,520
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 27012
1.05ratio
FMR$1,930
Market$1,830
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.05
4 BR
4 BR- 27012
0.98ratio
FMR$2,350
Market$2,410
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.98
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
--
Clemmons, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Clemmons, NC is $1,450 a month. That is up 13.3% from $1,280 in FY 2026. Clemmons is in the Davidson County, NC 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 Clemmons is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Clemmons, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,050
$1,200
+14.3%
$1,080–$1,320
1BR
$1,130
$1,330
+17.7%
$1,197–$1,463
2BR
$1,280
$1,450
+13.3%
$1,305–$1,595
3BR
$1,690
$1,930
+14.2%
$1,737–$2,123
4BR
$2,000
$2,350
+17.5%
$2,115–$2,585
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Clemmons, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,200
$1,330
$1,450
$1,930
$2,350
FY 2026
$1,050
$1,130
$1,280
$1,690
$2,000
FY 2025
$970
$1,010
$1,180
$1,550
$1,840
FY 2024
$910
$950
$1,130
$1,480
$1,730
FY 2023
$790
$820
$990
$1,310
$1,550
Questions about Clemmons, NC rents
How much will Section 8 pay for a two-bedroom in Clemmons, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,450, that basic range is $1,305 to $1,595 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 Clemmons, NC in?
Clemmons, NC is in the Davidson County, NC 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 Clemmons, NC for FY 2027?
The two-bedroom FMR rose 13.3%, from $1,280 in FY 2026 to $1,450 in FY 2027. Since FY 2023 it has risen 46.5%.
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