For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Waxhaw, NC is $2,110 a month. That is up 6.0% from $1,990 in FY 2026. Waxhaw is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area, 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 Waxhaw is 84% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Waxhaw, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,730
$1,860
+7.5%
$1,674–$2,046
1BR
$1,820
$1,940
+6.6%
$1,746–$2,134
2BR
$1,990
$2,110
+6.0%
$1,899–$2,321
3BR
$2,450
$2,580
+5.3%
$2,322–$2,838
4BR
$3,110
$3,280
+5.5%
$2,952–$3,608
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Waxhaw, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,860
$1,940
$2,110
$2,580
$3,280
FY 2026
$1,730
$1,820
$1,990
$2,450
$3,110
FY 2025
$1,860
$1,930
$2,140
$2,640
$3,350
FY 2024
$1,540
$1,590
$1,780
$2,220
$2,840
FY 2023
$1,300
$1,330
$1,500
$1,900
$2,460
Questions about Waxhaw, NC rents
How much will Section 8 pay for a two-bedroom in Waxhaw, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,110, that basic range is $1,899 to $2,321 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 Waxhaw, NC in?
Waxhaw, NC is in the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Waxhaw, NC for FY 2027?
The two-bedroom FMR rose 6.0%, from $1,990 in FY 2026 to $2,110 in FY 2027. Since FY 2023 it has risen 40.7%.
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