FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR- 27545
1.23ratio
FMR$2,220
Market$1,810
vs market+$410
FMR is above market; underwrite to market rent.
1.23
4 BR
4 BR- 27545
1.43ratio
FMR$2,980
Market$2,080
vs market+$900
FMR is above market; underwrite to market rent.
1.43
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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Knightdale, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Knightdale, NC is $1,780 a month. That is down 0.6% from $1,790 in FY 2026. Knightdale is in the Raleigh-Cary, NC MSA, 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 Knightdale is 55% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Knightdale, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,560
$1,570
+0.6%
$1,413–$1,727
1BR
$1,630
$1,640
+0.6%
$1,476–$1,804
2BR
$1,790
$1,780
−0.6%
$1,602–$1,958
3BR
$2,250
$2,220
−1.3%
$1,998–$2,442
4BR
$3,000
$2,980
−0.7%
$2,682–$3,278
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Knightdale, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,570
$1,640
$1,780
$2,220
$2,980
FY 2026
$1,560
$1,630
$1,790
$2,250
$3,000
FY 2025
$1,520
$1,580
$1,750
$2,180
$2,940
FY 2024
$1,400
$1,430
$1,610
$1,990
$2,650
FY 2023
$1,190
$1,230
$1,390
$1,710
$2,260
Questions about Knightdale, NC rents
How much will Section 8 pay for a two-bedroom in Knightdale, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,780, that basic range is $1,602 to $1,958 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 Knightdale, NC in?
Knightdale, NC is in the Raleigh-Cary, NC MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Knightdale, NC for FY 2027?
The two-bedroom FMR fell 0.6%, from $1,790 in FY 2026 to $1,780 in FY 2027. Since FY 2023 it has risen 28.1%.
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