FMR is below market; voucher rent may lag private rents.
0.60
1 BR
1 BR- 27028
0.68ratio
FMR$1,000
Market$1,480
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.68
2 BR
2 BR- 27028
0.70ratio
FMR$1,090
Market$1,550
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR- 27028
0.81ratio
FMR$1,440
Market$1,780
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 27028
0.88ratio
FMR$1,750
Market$1,990
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.88
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
--
Mocksville, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mocksville, NC is $1,090 a month. That is up 2.8% from $1,060 in FY 2026. Mocksville is in the Iredell County, NC 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 Mocksville is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mocksville, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$880
+2.3%
$792–$968
1BR
$930
$1,000
+7.5%
$900–$1,100
2BR
$1,060
$1,090
+2.8%
$981–$1,199
3BR
$1,380
$1,440
+4.3%
$1,296–$1,584
4BR
$1,670
$1,750
+4.8%
$1,575–$1,925
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mocksville, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$880
$1,000
$1,090
$1,440
$1,750
FY 2026
$860
$930
$1,060
$1,380
$1,670
FY 2025
$950
$970
$1,090
$1,490
$1,850
FY 2024
$820
$850
$1,010
$1,320
$1,590
FY 2023
$720
$740
$890
$1,180
$1,430
Questions about Mocksville, NC rents
How much will Section 8 pay for a two-bedroom in Mocksville, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,090, that basic range is $981 to $1,199 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 Mocksville, NC in?
Mocksville, NC is in the Iredell County, NC 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 Mocksville, NC for FY 2027?
The two-bedroom FMR rose 2.8%, from $1,060 in FY 2026 to $1,090 in FY 2027. Since FY 2023 it has risen 22.5%.
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