FMR is below market; voucher rent may lag private rents.
0.38
1 BR
1 BR- 28679
0.49ratio
FMR$1,050
Market$2,130
vs market-$1,080
FMR is below market; voucher rent may lag private rents.
0.49
2 BR
2 BR- 28679
0.54ratio
FMR$1,230
Market$2,270
vs market-$1,040
FMR is below market; voucher rent may lag private rents.
0.54
3 BR
3 BR- 28679
0.59ratio
FMR$1,630
Market$2,770
vs market-$1,140
FMR is below market; voucher rent may lag private rents.
0.59
4 BR
4 BR- 28679
0.49ratio
FMR$2,040
Market$4,200
vs market-$2,160
FMR is below market; voucher rent may lag private rents.
0.49
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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Sugar Grove, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sugar Grove, NC is $1,230 a month. That is up 1.7% from $1,210 in FY 2026. Sugar Grove is in the Watauga County, NC non-metropolitan 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 county-wide two-bedroom FMR of $1,311. The median county two-bedroom FMR in North Carolina is $1,145, so Sugar Grove is 7% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Sugar Grove, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$850
$870
+2.4%
$783–$957
1BR
$1,010
$1,050
+4.0%
$945–$1,155
2BR
$1,210
$1,230
+1.7%
$1,107–$1,353
3BR
$1,530
$1,630
+6.5%
$1,467–$1,793
4BR
$2,010
$2,040
+1.5%
$1,836–$2,244
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Sugar Grove, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$870
$1,050
$1,230
$1,630
$2,040
FY 2026
$850
$1,010
$1,210
$1,530
$2,010
FY 2025
$900
$1,030
$1,310
$1,600
$2,190
FY 2024area FMR
$777
$906
$1,140
$1,392
$1,935
FY 2023area FMR
$720
$845
$1,040
$1,320
$1,631
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Sugar Grove, NC rents
How much will Section 8 pay for a two-bedroom in Sugar Grove, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,311, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,180 to $1,442 a month; under the ZIP-level Small Area FMR of $1,230 it would be $1,107 to $1,353. 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 Sugar Grove, NC in?
Sugar Grove, NC is in the Watauga County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,311.
How much did fair market rent change in Sugar Grove, NC for FY 2027?
The two-bedroom FMR rose 1.7%, from $1,210 in FY 2026 to $1,230 in FY 2027. Since FY 2025 it has fallen 6.1%.
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