FMR is below market; voucher rent may lag private rents.
0.79
1 BR
1 BR- 28626
0.77ratio
FMR$1,160
Market$1,500
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 28626
0.88ratio
FMR$1,520
Market$1,720
vs market-$200
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 28626
1.15ratio
FMR$1,990
Market$1,730
vs market+$260
FMR is above market; underwrite to market rent.
1.15
4 BR
4 BR- 28626
1.12ratio
FMR$2,000
Market$1,790
vs market+$210
FMR is above market; underwrite to market rent.
1.12
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
--
Fleetwood, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fleetwood, NC is $1,520 a month. That is up 13.4% from $1,340 in FY 2026. Fleetwood is in the Ashe 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 Fleetwood is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fleetwood, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,010
$1,150
+13.9%
$1,035–$1,265
1BR
$1,020
$1,160
+13.7%
$1,044–$1,276
2BR
$1,340
$1,520
+13.4%
$1,368–$1,672
3BR
$1,770
$1,990
+12.4%
$1,791–$2,189
4BR
$1,770
$2,000
+13.0%
$1,800–$2,200
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fleetwood, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,150
$1,160
$1,520
$1,990
$2,000
FY 2026
$1,010
$1,020
$1,340
$1,770
$1,770
FY 2025
$980
$990
$1,280
$1,690
$1,700
FY 2024area FMR
$674
$678
$856
$1,089
$1,224
FY 2023area FMR
$619
$623
$771
$938
$1,220
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Fleetwood, NC rents
How much will Section 8 pay for a two-bedroom in Fleetwood, 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 $1,520 it would be $1,368 to $1,672. 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 Fleetwood, NC in?
Fleetwood, NC is in the Ashe 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 Fleetwood, NC for FY 2027?
The two-bedroom FMR rose 13.4%, from $1,340 in FY 2026 to $1,520 in FY 2027. Since FY 2025 it has risen 18.8%.
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