FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 28107
0.77ratio
FMR$1,310
Market$1,710
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 28107
0.85ratio
FMR$1,440
Market$1,690
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 28107
0.95ratio
FMR$1,760
Market$1,860
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR- 28107
1.04ratio
FMR$2,230
Market$2,140
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.04
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
--
Midland, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Midland, NC is $1,440 a month. That is up 10.8% from $1,300 in FY 2026. Midland 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 Midland is 26% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Midland, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,260
+11.5%
$1,134–$1,386
1BR
$1,180
$1,310
+11.0%
$1,179–$1,441
2BR
$1,300
$1,440
+10.8%
$1,296–$1,584
3BR
$1,610
$1,760
+9.3%
$1,584–$1,936
4BR
$2,040
$2,230
+9.3%
$2,007–$2,453
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Midland, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,260
$1,310
$1,440
$1,760
$2,230
FY 2026
$1,130
$1,180
$1,300
$1,610
$2,040
FY 2025
$1,180
$1,230
$1,370
$1,690
$2,140
FY 2024
$1,020
$1,050
$1,180
$1,470
$1,880
FY 2023
$900
$920
$1,040
$1,320
$1,700
Questions about Midland, NC rents
How much will Section 8 pay for a two-bedroom in Midland, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,440, that basic range is $1,296 to $1,584 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 Midland, NC in?
Midland, 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 Midland, NC for FY 2027?
The two-bedroom FMR rose 10.8%, from $1,300 in FY 2026 to $1,440 in FY 2027. Since FY 2023 it has risen 38.5%.
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