FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 27344
1.02ratio
FMR$1,170
Market$1,150
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR- 27344
0.97ratio
FMR$1,310
Market$1,350
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR- 27344
1.01ratio
FMR$1,620
Market$1,610
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR- 27344
1.10ratio
FMR$1,870
Market$1,700
vs market+$170
FMR is near market; voucher and private rents are aligned.
1.10
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
--
Siler City, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Siler City, NC is $1,310 a month. That is down 1.5% from $1,330 in FY 2026. Siler City is in the Burlington, NC MSA, 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 Siler City is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Siler City, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,120
−0.9%
$1,008–$1,232
1BR
$1,160
$1,170
+0.9%
$1,053–$1,287
2BR
$1,330
$1,310
−1.5%
$1,179–$1,441
3BR
$1,670
$1,620
−3.0%
$1,458–$1,782
4BR
$2,040
$1,870
−8.3%
$1,683–$2,057
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Siler City, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,120
$1,170
$1,310
$1,620
$1,870
FY 2026
$1,130
$1,160
$1,330
$1,670
$2,040
FY 2025
$1,250
$1,280
$1,470
$1,850
$2,260
FY 2024
$1,020
$1,030
$1,190
$1,510
$1,830
FY 2023
$930
$930
$1,080
$1,400
$1,640
Questions about Siler City, NC rents
How much will Section 8 pay for a two-bedroom in Siler City, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,310, that basic range is $1,179 to $1,441 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 Siler City, NC in?
Siler City, NC is in the Burlington, NC MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Siler City, NC for FY 2027?
The two-bedroom FMR fell 1.5%, from $1,330 in FY 2026 to $1,310 in FY 2027. Since FY 2023 it has risen 21.3%.
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