FMR is below market; voucher rent may lag private rents.
0.81
1 BR
1 BR- 28032
0.82ratio
FMR$1,190
Market$1,450
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR- 28032
0.79ratio
FMR$1,290
Market$1,630
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.79
3 BR
3 BR- 28032
0.79ratio
FMR$1,570
Market$1,990
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.79
4 BR
4 BR- 28032
0.80ratio
FMR$2,000
Market$2,500
vs market-$500
FMR is below market; voucher rent may lag private rents.
0.80
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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Cramerton, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cramerton, NC is $1,290 a month. That is down 3.0% from $1,330 in FY 2026. Cramerton is in the Charlotte-Concord-Gastonia, NC-SC 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 Cramerton is 13% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cramerton, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,160
$1,140
−1.7%
$1,026–$1,254
1BR
$1,200
$1,190
−0.8%
$1,071–$1,309
2BR
$1,330
$1,290
−3.0%
$1,161–$1,419
3BR
$1,630
$1,570
−3.7%
$1,413–$1,727
4BR
$2,070
$2,000
−3.4%
$1,800–$2,200
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cramerton, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,140
$1,190
$1,290
$1,570
$2,000
FY 2026
$1,160
$1,200
$1,330
$1,630
$2,070
FY 2025
$1,280
$1,330
$1,470
$1,810
$2,300
FY 2024
$1,090
$1,120
$1,260
$1,570
$2,010
FY 2023
$940
$970
$1,090
$1,380
$1,790
Questions about Cramerton, NC rents
How much will Section 8 pay for a two-bedroom in Cramerton, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,290, that basic range is $1,161 to $1,419 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 Cramerton, NC in?
Cramerton, NC is in the Charlotte-Concord-Gastonia, NC-SC 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 Cramerton, NC for FY 2027?
The two-bedroom FMR fell 3.0%, from $1,330 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 18.3%.
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