FMR is below market; voucher rent may lag private rents.
0.70
1 BR
1 BR- 28077
0.82ratio
FMR$990
Market$1,210
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR- 28077
0.81ratio
FMR$1,080
Market$1,340
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 28077
0.85ratio
FMR$1,410
Market$1,660
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR- 28077
0.96ratio
FMR$1,740
Market$1,810
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
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
--
High Shoals, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in High Shoals, NC is $1,080 a month. That is up 16.1% from $930 in FY 2026. High Shoals is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in North Carolina is $1,145, so High Shoals is 6% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for High Shoals, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$810
$950
+17.3%
$855–$1,045
1BR
$840
$990
+17.9%
$891–$1,089
2BR
$930
$1,080
+16.1%
$972–$1,188
3BR
$1,140
$1,410
+23.7%
$1,269–$1,551
4BR
$1,450
$1,740
+20.0%
$1,566–$1,914
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for High Shoals, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$950
$990
$1,080
$1,410
$1,740
FY 2026
$810
$840
$930
$1,140
$1,450
FY 2025
$830
$870
$960
$1,180
$1,500
FY 2024
$780
$810
$910
$1,130
$1,440
FY 2023
$740
$750
$850
$1,080
$1,390
Questions about High Shoals, NC rents
How much will Section 8 pay for a two-bedroom in High Shoals, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,080, that basic range is $972 to $1,188 a month. 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 High Shoals, NC in?
High Shoals, NC is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in High Shoals, NC for FY 2027?
The two-bedroom FMR rose 16.1%, from $930 in FY 2026 to $1,080 in FY 2027. Since FY 2023 it has risen 27.1%.
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