FMR is below market; voucher rent may lag private rents.
0.60
1 BR
1 BR- 28551
0.61ratio
FMR$860
Market$1,420
vs market-$560
FMR is below market; voucher rent may lag private rents.
0.61
2 BR
2 BR- 28551
0.78ratio
FMR$1,120
Market$1,440
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.78
3 BR
3 BR- 28551
0.80ratio
FMR$1,350
Market$1,690
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 28551
0.96ratio
FMR$1,820
Market$1,890
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
--
La Grange, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in La Grange, NC is $1,120 a month. That is up 4.7% from $1,070 in FY 2026. La Grange is in the Lenoir 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 La Grange is 2% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for La Grange, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$810
$850
+4.9%
$765–$935
1BR
$820
$860
+4.9%
$774–$946
2BR
$1,070
$1,120
+4.7%
$1,008–$1,232
3BR
$1,320
$1,350
+2.3%
$1,215–$1,485
4BR
$1,730
$1,820
+5.2%
$1,638–$2,002
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for La Grange, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$860
$1,120
$1,350
$1,820
FY 2026
$810
$820
$1,070
$1,320
$1,730
FY 2025
$750
$750
$990
$1,240
$1,650
FY 2024
$760
$760
$1,000
$1,240
$1,670
FY 2023
$660
$660
$870
$1,090
$1,480
Questions about La Grange, NC rents
How much will Section 8 pay for a two-bedroom in La Grange, 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 $1,120 it would be $1,008 to $1,232. 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 La Grange, NC in?
La Grange, NC is in the Lenoir 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 La Grange, NC for FY 2027?
The two-bedroom FMR rose 4.7%, from $1,070 in FY 2026 to $1,120 in FY 2027. Since FY 2023 it has risen 28.7%.
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