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Watauga County, NC

CountySAFMR
Found 11 ZIPs
Zillow

County Median Investment Score

64Below average

095130300
BRFMR
Eff. Rent
0 BR$740 – $1,090$810 – $1,090
1 BR$890 – $1,210$890 – $1,240
2 BR$1,060 – $1,500$1,090 – $1,500
3 BR$1,360 – $1,980$1,290 – $1,980
4 BR$1,780 – $2,240$1,430 – $2,430
5 BR$2,329Not available
6 BR$2,678Not available
7 BR$3,080Not available
8 BR$3,542Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
3
0.36-1.00
1 BR
4
0.49-1.07
2 BR
3
0.54-0.95
3 BR
2
2
2
0.52-1.05
4 BR
2
2
2
0.47-1.24
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Watauga County, NC fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 11 ZIP codes in Watauga County, NC ranges from $1,060 to $1,500 a month, with a median of $1,215. That is up 5.7% from $1,150 in FY 2026. Watauga County is its own 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 $1,311. The median county two-bedroom FMR in North Carolina is $1,145, so Watauga County is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Watauga County, NC
BedroomsFY 2027Change90–110% range
Studio$880+10.0%$792–$968
1BR$1,040+10.6%$936–$1,144
2BR$1,215+5.7%$1,094–$1,337
3BR$1,610+11.0%$1,449–$1,771
4BR$2,025+4.9%$1,823–$2,228

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Watauga County, NC
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$880$1,040$1,215$1,610$2,025
FY 2026$800$940$1,150$1,450$1,930
FY 2025$845$935$1,200$1,460$1,965
FY 2024$870$895$1,090$1,415$1,620
FY 2023$725$730$890$1,165$1,325

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
28684$1,500+23.5%
28607$1,340+10.3%
28605$1,330+9.5%
28618$1,320+8.6%
28679$1,230+1.2%
28692$1,200−1.2%
28604$1,170−3.7%
28622$1,170−3.7%
28645$1,060−12.8%
28698$1,060−12.8%

Questions about Watauga County, NC rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,311, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,180 to $1,442 a month; under the ZIP-level Small Area FMR of $1,215 it would be $1,094 to $1,337. 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 Watauga County, NC in?

Watauga County, NC is its own non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,311.

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

The two-bedroom FMR rose 5.7%, from $1,150 in FY 2026 to $1,215 in FY 2027. Since FY 2023 it has risen 36.5%.

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