FMR is below market; voucher rent may lag private rents.
0.61
1 BR
1 BR- 27249
0.74ratio
FMR$960
Market$1,300
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR- 27249
0.70ratio
FMR$1,060
Market$1,520
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR- 27249
0.78ratio
FMR$1,350
Market$1,740
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR- 27249
0.84ratio
FMR$1,600
Market$1,910
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.84
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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Gibsonville, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gibsonville, NC is $1,060 a month. That is down 9.4% from $1,170 in FY 2026. Gibsonville is in the Caswell 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 Gibsonville is 7% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Gibsonville, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$970
$890
−8.2%
$801–$979
1BR
$1,060
$960
−9.4%
$864–$1,056
2BR
$1,170
$1,060
−9.4%
$954–$1,166
3BR
$1,490
$1,350
−9.4%
$1,215–$1,485
4BR
$1,720
$1,600
−7.0%
$1,440–$1,760
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Gibsonville, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$890
$960
$1,060
$1,350
$1,600
FY 2026
$970
$1,060
$1,170
$1,490
$1,720
FY 2025
$910
$970
$1,100
$1,380
$1,570
FY 2024
$910
$990
$1,120
$1,420
$1,600
FY 2023
$820
$870
$1,000
$1,280
$1,420
Questions about Gibsonville, NC rents
How much will Section 8 pay for a two-bedroom in Gibsonville, 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 $1,060 it would be $954 to $1,166. 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 Gibsonville, NC in?
Gibsonville, NC is in the Caswell 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 Gibsonville, NC for FY 2027?
The two-bedroom FMR fell 9.4%, from $1,170 in FY 2026 to $1,060 in FY 2027. Since FY 2023 it has risen 6.0%.
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