FMR is below market; voucher rent may lag private rents.
0.79
1 BR
1 BR- 28390
0.93ratio
FMR$1,150
Market$1,230
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 28390
0.88ratio
FMR$1,320
Market$1,500
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 28390
1.13ratio
FMR$1,780
Market$1,570
vs market+$210
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR- 28390
1.09ratio
FMR$2,170
Market$1,990
vs market+$180
FMR is near market; voucher and private rents are aligned.
1.09
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
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Spring Lake, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Spring Lake, NC is $1,320 a month. That is up 13.8% from $1,160 in FY 2026. Spring Lake is in the Fayetteville, 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 $1,476. The median county two-bedroom FMR in North Carolina is $1,145, so Spring Lake is 15% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Spring Lake, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$980
$1,140
+16.3%
$1,026–$1,254
1BR
$990
$1,150
+16.2%
$1,035–$1,265
2BR
$1,160
$1,320
+13.8%
$1,188–$1,452
3BR
$1,590
$1,780
+11.9%
$1,602–$1,958
4BR
$1,940
$2,170
+11.9%
$1,953–$2,387
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Spring Lake, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,140
$1,150
$1,320
$1,780
$2,170
FY 2026
$980
$990
$1,160
$1,590
$1,940
FY 2025
$1,010
$1,010
$1,170
$1,600
$1,980
FY 2024
$970
$970
$1,210
$1,680
$2,060
FY 2023
$810
$820
$1,020
$1,430
$1,740
Questions about Spring Lake, NC rents
How much will Section 8 pay for a two-bedroom in Spring Lake, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,476, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,328 to $1,624 a month; under the ZIP-level Small Area FMR of $1,320 it would be $1,188 to $1,452. 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 Spring Lake, NC in?
Spring Lake, NC is in the Fayetteville, NC HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,476.
How much did fair market rent change in Spring Lake, NC for FY 2027?
The two-bedroom FMR rose 13.8%, from $1,160 in FY 2026 to $1,320 in FY 2027. Since FY 2023 it has risen 29.4%.
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