FMR is below market; voucher rent may lag private rents.
0.70
1 BR
1 BR- 27242
0.65ratio
FMR$1,120
Market$1,730
vs market-$610
FMR is below market; voucher rent may lag private rents.
0.65
2 BR
2 BR- 27242
0.68ratio
FMR$1,230
Market$1,820
vs market-$590
FMR is below market; voucher rent may lag private rents.
0.68
3 BR
3 BR- 27242
0.88ratio
FMR$1,710
Market$1,950
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR- 27242
1.01ratio
FMR$2,060
Market$2,030
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.01
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
--
Eagle Springs, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Eagle Springs, NC is $1,230 a month. That is up 10.8% from $1,110 in FY 2026. Eagle Springs is in the Montgomery 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 $1,012. The median county two-bedroom FMR in North Carolina is $1,145, so Eagle Springs is 7% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Eagle Springs, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$940
$1,050
+11.7%
$945–$1,155
1BR
$990
$1,120
+13.1%
$1,008–$1,232
2BR
$1,110
$1,230
+10.8%
$1,107–$1,353
3BR
$1,520
$1,710
+12.5%
$1,539–$1,881
4BR
$1,850
$2,060
+11.4%
$1,854–$2,266
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Eagle Springs, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,050
$1,120
$1,230
$1,710
$2,060
FY 2026
$940
$990
$1,110
$1,520
$1,850
FY 2025
$890
$910
$1,040
$1,430
$1,750
FY 2024area FMR
$691
$695
$856
$1,089
$1,439
FY 2023area FMR
$607
$611
$771
$960
$1,173
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Eagle Springs, NC rents
How much will Section 8 pay for a two-bedroom in Eagle Springs, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,012, which applies unless the housing authority uses Small Area FMRs, that basic range is $911 to $1,113 a month; under the ZIP-level Small Area FMR of $1,230 it would be $1,107 to $1,353. 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 Eagle Springs, NC in?
Eagle Springs, NC is in the Montgomery County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,012.
How much did fair market rent change in Eagle Springs, NC for FY 2027?
The two-bedroom FMR rose 10.8%, from $1,110 in FY 2026 to $1,230 in FY 2027. Since FY 2025 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