FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR- 27359
1.00ratio
FMR$1,240
Market$1,240
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 27359
0.78ratio
FMR$1,350
Market$1,740
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.78
3 BR
3 BR- 27359
0.90ratio
FMR$1,660
Market$1,840
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.90
4 BR
4 BR- 27359
1.01ratio
FMR$2,090
Market$2,070
vs market+$20
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
--
Swepsonville, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Swepsonville, NC is $1,350 a month. That is unchanged from FY 2026. Swepsonville is in the Burlington, NC MSA. 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 $1,348. The median county two-bedroom FMR in North Carolina is $1,145, so Swepsonville is 18% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Swepsonville, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$990
$1,080
+9.1%
$972–$1,188
1BR
$1,230
$1,240
+0.8%
$1,116–$1,364
2BR
$1,350
$1,350
0.0%
$1,215–$1,485
3BR
$1,670
$1,660
−0.6%
$1,494–$1,826
4BR
$1,970
$2,090
+6.1%
$1,881–$2,299
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Swepsonville, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,080
$1,240
$1,350
$1,660
$2,090
FY 2026
$990
$1,230
$1,350
$1,670
$1,970
FY 2025
$870
$1,100
$1,220
$1,540
$1,810
FY 2024
$830
$1,050
$1,220
$1,530
$1,720
FY 2023
$710
$830
$1,020
$1,280
$1,390
Questions about Swepsonville, NC rents
How much will Section 8 pay for a two-bedroom in Swepsonville, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,348, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,213 to $1,483 a month; under the ZIP-level Small Area FMR of $1,350 it would be $1,215 to $1,485. 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 Swepsonville, NC in?
Swepsonville, NC is in the Burlington, NC MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,348.
How much did fair market rent change in Swepsonville, NC for FY 2027?
The two-bedroom FMR was unchanged at $1,350 in FY 2027. Since FY 2023 it has risen 32.4%.
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