SHELBY, NC
CitySAFMR
Cleveland County
Found 3 ZIPs
BRFMR
Eff. Rent
0 BR$760 – $780$840 – $850
1 BR$770 – $780$850 – $860
2 BR$930 – $950$980 – $1,050
3 BR$1,290 – $1,320$1,390 – $1,420
4 BR$1,330 – $1,360$1,460 – $1,500
5 BR$1,529
6 BR$1,759
7 BR$2,023
8 BR$2,326

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Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 2 ZIPs
0.84ratio range
Median FMR$760
Median Market$905
vs market-$145

FMR is below market; voucher rent may lag private rents.

2
Studio- 1 ZIP
0.88ratio
FMR$780
Market$890
vs market-$110

FMR is below market; voucher rent may lag private rents.

1
0.84-0.88
1 BR
1 BR- 2 ZIPs
0.84-0.85ratio range
Median FMR$775
Median Market$920
vs market-$145

FMR is below market; voucher rent may lag private rents.

2
1 BR- 1 ZIP
0.87ratio
FMR$770
Market$890
vs market-$120

FMR is below market; voucher rent may lag private rents.

1
0.84-0.87
2 BR
2 BR- 1 ZIP
0.86ratio
FMR$950
Market$1,110
vs market-$160

FMR is below market; voucher rent may lag private rents.

1
2 BR- 1 ZIP
0.87ratio
FMR$930
Market$1,070
vs market-$140

FMR is below market; voucher rent may lag private rents.

1
2 BR- 1 ZIP
0.93ratio
FMR$930
Market$1,000
vs market-$70

FMR is near market; voucher and private rents are aligned.

1
0.86-0.93
3 BR
3 BR- 1 ZIP
0.78ratio
FMR$1,290
Market$1,660
vs market-$370

FMR is below market; voucher rent may lag private rents.

1
3 BR- 1 ZIP
0.89ratio
FMR$1,290
Market$1,450
vs market-$160

FMR is below market; voucher rent may lag private rents.

1
3 BR- 1 ZIP
0.90ratio
FMR$1,320
Market$1,460
vs market-$140

FMR is near market; voucher and private rents are aligned.

1
0.78-0.90
4 BR
4 BR- 1 ZIP
0.74ratio
FMR$1,330
Market$1,790
vs market-$460

FMR is below market; voucher rent may lag private rents.

1
4 BR- 1 ZIP
0.78ratio
FMR$1,360
Market$1,750
vs market-$390

FMR is below market; voucher rent may lag private rents.

1
4 BR- 1 ZIP
0.85ratio
FMR$1,330
Market$1,560
vs market-$230

FMR is below market; voucher rent may lag private rents.

1
0.74-0.85
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SHELBY, NC (NC) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

SHELBY, NC fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SHELBY, NC shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $930 and the 4 bedroom fair market rent is $1,330.

Use this page for searches like SHELBY, NC FMR, SHELBY, NC fair market rent, and SHELBY, NC Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for SHELBY, NC
Bedroom sizeHUD FMR
Studio$760
1 bedroom$770
2 bedroom$930
3 bedroom$1,290
4 bedroom$1,330