FMR is below market; voucher rent may lag private rents.
0.63
1 BR
1 BR- 27298
0.68ratio
FMR$1,050
Market$1,550
vs market-$500
FMR is below market; voucher rent may lag private rents.
0.68
2 BR
2 BR- 27298
0.70ratio
FMR$1,200
Market$1,720
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR- 27298
0.81ratio
FMR$1,510
Market$1,870
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 27298
0.95ratio
FMR$1,840
Market$1,930
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.95
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
--
Liberty, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Liberty, NC is $1,200 a month. That is down 9.8% from $1,330 in FY 2026. Liberty is in the Burlington, 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 Liberty is 5% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Liberty, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,020
−9.7%
$918–$1,122
1BR
$1,160
$1,050
−9.5%
$945–$1,155
2BR
$1,330
$1,200
−9.8%
$1,080–$1,320
3BR
$1,670
$1,510
−9.6%
$1,359–$1,661
4BR
$2,040
$1,840
−9.8%
$1,656–$2,024
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Liberty, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,020
$1,050
$1,200
$1,510
$1,840
FY 2026
$1,130
$1,160
$1,330
$1,670
$2,040
FY 2025
$1,250
$1,280
$1,470
$1,850
$2,260
FY 2024
$1,020
$1,030
$1,190
$1,510
$1,830
FY 2023
$930
$930
$1,080
$1,400
$1,640
Questions about Liberty, NC rents
How much will Section 8 pay for a two-bedroom in Liberty, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,200, that basic range is $1,080 to $1,320 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 Liberty, NC in?
Liberty, NC is in the Burlington, 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 Liberty, NC for FY 2027?
The two-bedroom FMR fell 9.8%, from $1,330 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has risen 11.1%.
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