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Home/NC/Burke County

Burke County, NC

CountySAFMR
Found 18 ZIPs
Zillow

County Median Investment Score

87Below average

095130300
BRFMR
Eff. Rent
0 BR$780 – $1,300$780 – $1,130
1 BR$820 – $1,510$820 – $1,120
2 BR$1,010 – $1,660$1,010 – $1,410
3 BR$1,240 – $2,010$1,180 – $1,770
4 BR$1,510 – $2,780$1,200 – $2,160
5 BR$1,955Not available
6 BR$2,248Not available
7 BR$2,585Not available
8 BR$2,973Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
5
0.83-1.31
1 BR
4
0.80-1.48
2 BR
3
0.82-1.18
3 BR
2
2
2
0.76-1.26
4 BR
2
2
2
2
0.85-1.49
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Burke County, NC fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 18 ZIP codes in Burke County, NC ranges from $1,010 to $1,660 a month, with a median of $1,140. That is up 5.6% from $1,080 in FY 2026. Burke County is in the Hickory-Lenoir-Morganton, 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 $1,147.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Burke County, NC
BedroomsFY 2027Change90–110% range
Studio$960+12.9%$864–$1,056
1BR$960+6.7%$864–$1,056
2BR$1,140+5.6%$1,026–$1,254
3BR$1,390+2.2%$1,251–$1,529
4BR$1,700+3.7%$1,530–$1,870

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Burke County, NC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$960$960$1,140$1,390$1,700
FY 2026$850$900$1,080$1,360$1,640
FY 2025$795$830$1,020$1,295$1,530
FY 2024$760$790$960$1,240$1,425
FY 2023$630$630$770$1,010$1,150

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
28655$1,660+45.6%
28601$1,320+15.8%
28602$1,250+9.6%
28690$1,200+5.3%
28761$1,170+2.6%
28666$1,160+1.8%
28647$1,150+0.9%
28680$1,150+0.9%
28628$1,1400.0%
28671$1,1400.0%
28612$1,130−0.9%
28645$1,060−7.0%
28168$1,030−9.6%
28090$1,010−11.4%
28619$1,010−11.4%
28637$1,010−11.4%
28641$1,010−11.4%
28657$1,010−11.4%

Questions about Burke County, NC rents

How much will Section 8 pay for a two-bedroom in Burke County, NC?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,147, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,032 to $1,262 a month; under the ZIP-level Small Area FMR of $1,140 it would be $1,026 to $1,254. 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 Burke County, NC in?

Burke County, NC is in the Hickory-Lenoir-Morganton, NC MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,147.

How much did fair market rent change in Burke County, NC for FY 2027?

The two-bedroom FMR rose 5.6%, from $1,080 in FY 2026 to $1,140 in FY 2027. Since FY 2023 it has risen 48.1%.

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

NC statewide rentsWhat is SAFMR?Data sources