FMR is below market; voucher rent may lag private rents.
0.81
1 BR
1 BR- 28371
0.77ratio
FMR$1,110
Market$1,450
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 28371
0.90ratio
FMR$1,310
Market$1,450
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.90
3 BR
3 BR- 28371
0.99ratio
FMR$1,700
Market$1,720
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR- 28371
1.01ratio
FMR$2,040
Market$2,010
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.01
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
--
Parkton, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Parkton, NC is $1,310 a month. That is up 13.9% from $1,150 in FY 2026. Parkton is in the Hoke County, NC HUD Metro FMR Area. 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 $1,150. The median county two-bedroom FMR in North Carolina is $1,145, so Parkton is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Parkton, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$980
$1,100
+12.2%
$990–$1,210
1BR
$990
$1,110
+12.1%
$999–$1,221
2BR
$1,150
$1,310
+13.9%
$1,179–$1,441
3BR
$1,520
$1,700
+11.8%
$1,530–$1,870
4BR
$1,880
$2,040
+8.5%
$1,836–$2,244
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Parkton, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,100
$1,110
$1,310
$1,700
$2,040
FY 2026
$980
$990
$1,150
$1,520
$1,880
FY 2025
$1,010
$1,010
$1,170
$1,590
$1,980
FY 2024
$980
$980
$1,140
$1,560
$1,940
FY 2023
$780
$780
$910
$1,250
$1,550
Questions about Parkton, NC rents
How much will Section 8 pay for a two-bedroom in Parkton, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,150, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,035 to $1,265 a month; under the ZIP-level Small Area FMR of $1,310 it would be $1,179 to $1,441. 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 Parkton, NC in?
Parkton, NC is in the Hoke County, NC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,150.
How much did fair market rent change in Parkton, NC for FY 2027?
The two-bedroom FMR rose 13.9%, from $1,150 in FY 2026 to $1,310 in FY 2027. Since FY 2023 it has risen 44.0%.
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