FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR- 27526
1.08ratio
FMR$1,600
Market$1,480
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR- 27526
1.01ratio
FMR$1,760
Market$1,750
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR- 27526
1.22ratio
FMR$2,220
Market$1,820
vs market+$400
FMR is above market; underwrite to market rent.
1.22
4 BR
4 BR- 27526
1.45ratio
FMR$2,940
Market$2,030
vs market+$910
FMR is above market; underwrite to market rent.
1.45
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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Fuquay Varina, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fuquay Varina, NC is $1,760 a month. That is down 3.8% from $1,830 in FY 2026. Fuquay Varina is in the Harnett 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 $1,051. The median county two-bedroom FMR in North Carolina is $1,145, so Fuquay Varina is 54% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fuquay Varina, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,580
$1,540
−2.5%
$1,386–$1,694
1BR
$1,650
$1,600
−3.0%
$1,440–$1,760
2BR
$1,830
$1,760
−3.8%
$1,584–$1,936
3BR
$2,330
$2,220
−4.7%
$1,998–$2,442
4BR
$3,070
$2,940
−4.2%
$2,646–$3,234
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fuquay Varina, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,540
$1,600
$1,760
$2,220
$2,940
FY 2026
$1,580
$1,650
$1,830
$2,330
$3,070
FY 2025
$1,580
$1,630
$1,840
$2,330
$3,100
FY 2024
$1,440
$1,470
$1,690
$2,130
$2,790
FY 2023
$1,160
$1,190
$1,380
$1,730
$2,250
Questions about Fuquay Varina, NC rents
How much will Section 8 pay for a two-bedroom in Fuquay Varina, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,051, which applies unless the housing authority uses Small Area FMRs, that basic range is $946 to $1,156 a month; under the ZIP-level Small Area FMR of $1,760 it would be $1,584 to $1,936. 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 Fuquay Varina, NC in?
Fuquay Varina, NC is in the Harnett County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,051.
How much did fair market rent change in Fuquay Varina, NC for FY 2027?
The two-bedroom FMR fell 3.8%, from $1,830 in FY 2026 to $1,760 in FY 2027. Since FY 2023 it has risen 27.5%.
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