NC/Franklin County/WAKE FOREST
WAKE FOREST, NC
CitySAFMR
Franklin County
Found 2 ZIPs
BRFMR
Eff. Rent
0 BR$1,530 – $1,580$1,490 – $1,580
1 BR$1,600 – $1,650$1,500 – $1,520
2 BR$1,750 – $1,810$1,710 – $1,750
3 BR$2,210 – $2,270$1,950 – $2,160
4 BR$2,930 – $3,040$2,300 – $2,330
5 BR$3,433
6 BR$3,948
7 BR$4,540
8 BR$5,221

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.89ratio
FMR$1,580
Market$1,770
vs market-$190

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 1 ZIP
1.03ratio
FMR$1,530
Market$1,490
vs market+$40

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.89–1.03
1 BR
1 BR· 1 ZIP
1.05ratio
FMR$1,600
Market$1,520
vs market+$80

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
1 BR· 1 ZIP
1.10ratio
FMR$1,650
Market$1,500
vs market+$150

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
1.05–1.10
2 BR
2 BR· 1 ZIP
0.99ratio
FMR$1,750
Market$1,760
vs market-$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 1 ZIP
1.06ratio
FMR$1,810
Market$1,710
vs market+$100

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.99–1.06
3 BR
3 BR· 1 ZIP
1.02ratio
FMR$2,210
Market$2,160
vs market+$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.16ratio
FMR$2,270
Market$1,950
vs market+$320

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
1.02–1.16
4 BR
4 BR· 1 ZIP
1.26ratio
FMR$2,930
Market$2,330
vs market+$600

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
4 BR· 1 ZIP
1.32ratio
FMR$3,040
Market$2,300
vs market+$740

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
1.26–1.32
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for WAKE FOREST, 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.

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