FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR- 28760
0.97ratio
FMR$1,560
Market$1,600
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.97
2 BR
2 BR- 28760
1.00ratio
FMR$1,700
Market$1,700
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 28760
0.88ratio
FMR$2,030
Market$2,320
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR- 28760
1.04ratio
FMR$2,830
Market$2,720
vs market+$110
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
--
Naples, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Naples, NC is $1,700 a month. That is up 1.2% from $1,680 in FY 2026. Naples is in the Asheville, 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 $1,866. The median county two-bedroom FMR in North Carolina is $1,145, so Naples is 48% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Naples, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,320
$1,350
+2.3%
$1,215–$1,485
1BR
$1,530
$1,560
+2.0%
$1,404–$1,716
2BR
$1,680
$1,700
+1.2%
$1,530–$1,870
3BR
$2,040
$2,030
−0.5%
$1,827–$2,233
4BR
$2,820
$2,830
+0.4%
$2,547–$3,113
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Naples, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,350
$1,560
$1,700
$2,030
$2,830
FY 2026
$1,320
$1,530
$1,680
$2,040
$2,820
FY 2025
$1,290
$1,350
$1,520
$1,950
$2,570
FY 2024
$1,330
$1,390
$1,560
$2,010
$2,650
FY 2023
$1,180
$1,200
$1,360
$1,810
$2,320
Questions about Naples, NC rents
How much will Section 8 pay for a two-bedroom in Naples, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,866, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,679 to $2,053 a month; under the ZIP-level Small Area FMR of $1,700 it would be $1,530 to $1,870. 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 Naples, NC in?
Naples, NC is in the Asheville, NC MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,866.
How much did fair market rent change in Naples, NC for FY 2027?
The two-bedroom FMR rose 1.2%, from $1,680 in FY 2026 to $1,700 in FY 2027. Since FY 2023 it has risen 25.0%.
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