FMR is below market; voucher rent may lag private rents.
0.76
1 BR
1 BR- 28697
0.79ratio
FMR$880
Market$1,110
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR- 28697
0.86ratio
FMR$1,020
Market$1,190
vs market-$170
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 28697
0.96ratio
FMR$1,370
Market$1,420
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 28697
1.08ratio
FMR$1,570
Market$1,460
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.08
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
--
Wilkesboro, NC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Wilkesboro, NC is $1,020 a month. That is up 9.7% from $930 in FY 2026. Wilkesboro is in the Wilkes 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 $1,012. The median county two-bedroom FMR in North Carolina is $1,145, so Wilkesboro is 11% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Wilkesboro, NC
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$780
$870
+11.5%
$783–$957
1BR
$790
$880
+11.4%
$792–$968
2BR
$930
$1,020
+9.7%
$918–$1,122
3BR
$1,230
$1,370
+11.4%
$1,233–$1,507
4BR
$1,540
$1,570
+1.9%
$1,413–$1,727
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Wilkesboro, NC
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$870
$880
$1,020
$1,370
$1,570
FY 2026
$780
$790
$930
$1,230
$1,540
FY 2025
$780
$810
$930
$1,240
$1,390
FY 2024area FMR
$713
$745
$856
$1,139
$1,274
FY 2023area FMR
$635
$662
$771
$1,033
$1,152
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Wilkesboro, NC rents
How much will Section 8 pay for a two-bedroom in Wilkesboro, NC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,012, which applies unless the housing authority uses Small Area FMRs, that basic range is $911 to $1,113 a month; under the ZIP-level Small Area FMR of $1,020 it would be $918 to $1,122. 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 Wilkesboro, NC in?
Wilkesboro, NC is in the Wilkes County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,012.
How much did fair market rent change in Wilkesboro, NC for FY 2027?
The two-bedroom FMR rose 9.7%, from $930 in FY 2026 to $1,020 in FY 2027. Since FY 2025 it has risen 9.7%.
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