FMR is below market; voucher rent may lag private rents.
0.83
1 BR
1 BR- 28544
0.95ratio
FMR$1,050
Market$1,100
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR- 28544
1.02ratio
FMR$1,290
Market$1,260
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR- 28544
1.05ratio
FMR$1,790
Market$1,700
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.05
4 BR
4 BR- 28544
1.06ratio
FMR$2,160
Market$2,040
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.06
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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Midway Park, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Midway Park, NC is $1,290 a month. That is up 15.2% from $1,120 in FY 2026. Midway Park is in the Jacksonville, NC MSA. 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 metro-wide two-bedroom FMR of $1,319. The median county two-bedroom FMR in North Carolina is $1,145, so Midway Park is 13% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Midway Park, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$890
$1,040
+16.9%
$936–$1,144
1BR
$890
$1,050
+18.0%
$945–$1,155
2BR
$1,120
$1,290
+15.2%
$1,161–$1,419
3BR
$1,560
$1,790
+14.7%
$1,611–$1,969
4BR
$1,880
$2,160
+14.9%
$1,944–$2,376
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Midway Park, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,040
$1,050
$1,290
$1,790
$2,160
FY 2026
$890
$890
$1,120
$1,560
$1,880
FY 2025
$850
$930
$1,150
$1,620
$1,950
FY 2024
$860
$980
$1,210
$1,710
$2,050
FY 2023
$660
$790
$940
$1,340
$1,600
Questions about Midway Park, NC rents
How much will Section 8 pay for a two-bedroom in Midway Park, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,319, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,187 to $1,451 a month; under the ZIP-level Small Area FMR of $1,290 it would be $1,161 to $1,419. 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 Midway Park, NC in?
Midway Park, NC is in the Jacksonville, NC MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,319.
How much did fair market rent change in Midway Park, NC for FY 2027?
The two-bedroom FMR rose 15.2%, from $1,120 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 37.2%.
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