NC/Clay County/FRANKLIN
FRANKLIN, NC
CitySAFMR
Clay County
Found 2 ZIPs
BRFMR
Eff. Rent
0 BR$680 – $780$780
1 BR$830$830
2 BR$970 – $990$970
3 BR$1,190 – $1,230$1,230
4 BR$1,330 – $1,380$1,380
5 BR$1,558
6 BR$1,792
7 BR$2,061
8 BR$2,370

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 28734
0.43ratio
FMR$780
Market$1,820
vs market-$1,040

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.43
1 BR
1 BR· 28734
0.64ratio
FMR$830
Market$1,300
vs market-$470

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.64
2 BR
2 BR· 28734
0.57ratio
FMR$970
Market$1,700
vs market-$730

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.57
3 BR
3 BR· 28734
0.58ratio
FMR$1,230
Market$2,130
vs market-$900

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.58
4 BR
4 BR· 28734
0.60ratio
FMR$1,380
Market$2,310
vs market-$930

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.60
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for FRANKLIN, NC (NC) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

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