FMR is below market; voucher rent may lag private rents.
0.73
1 BR
1 BR- 27948
0.80ratio
FMR$1,640
Market$2,060
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 27948
0.75ratio
FMR$1,780
Market$2,380
vs market-$600
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 27948
0.81ratio
FMR$2,260
Market$2,780
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 27948
0.89ratio
FMR$2,360
Market$2,650
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.89
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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Kill Devil Hills, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Kill Devil Hills, NC is $1,780 a month. That is up 11.9% from $1,590 in FY 2026. Kill Devil Hills is in the Dare 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 $1,510. The median county two-bedroom FMR in North Carolina is $1,145, so Kill Devil Hills is 55% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Kill Devil Hills, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,250
$1,410
+12.8%
$1,269–$1,551
1BR
$1,450
$1,640
+13.1%
$1,476–$1,804
2BR
$1,590
$1,780
+11.9%
$1,602–$1,958
3BR
$2,020
$2,260
+11.9%
$2,034–$2,486
4BR
$2,110
$2,360
+11.8%
$2,124–$2,596
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Kill Devil Hills, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,410
$1,640
$1,780
$2,260
$2,360
FY 2026
$1,250
$1,450
$1,590
$2,020
$2,110
FY 2025
$1,160
$1,350
$1,500
$1,990
$2,040
FY 2024area FMR
$1,000
$1,137
$1,280
$1,736
$1,800
FY 2023area FMR
$915
$982
$1,151
$1,571
$1,726
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Kill Devil Hills, NC rents
How much will Section 8 pay for a two-bedroom in Kill Devil Hills, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,510, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,359 to $1,661 a month; under the ZIP-level Small Area FMR of $1,780 it would be $1,602 to $1,958. 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 Kill Devil Hills, NC in?
Kill Devil Hills, NC is in the Dare County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,510.
How much did fair market rent change in Kill Devil Hills, NC for FY 2027?
The two-bedroom FMR rose 11.9%, from $1,590 in FY 2026 to $1,780 in FY 2027. Since FY 2025 it has risen 18.7%.
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