FMR is near market; voucher and private rents are aligned.
0.99
1 BR
1 BR
1.10ratio
FMR$1,160
Market$1,050
vs market+$110
FMR is above market; underwrite to market rent.
1.10
2 BR
2 BR
1.29ratio
FMR$1,260
Market$980
vs market+$280
FMR is above market; underwrite to market rent.
1.29
3 BR
3 BR
1.19ratio
FMR$1,670
Market$1,400
vs market+$270
FMR is above market; underwrite to market rent.
1.19
4 BR
4 BR
1.42ratio
FMR$2,030
Market$1,430
vs market+$600
FMR is above market; underwrite to market rent.
1.42
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
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ZIP 27110 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 27110 (Winston Salem, NC) is $1,260 a month. That is up 8.6% from $1,160 in FY 2026. Winston Salem is in the Winston-Salem, NC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 42 ZIP codes in Forsyth County, 27110 has the 35th-highest two-bedroom rent (county range $1,010–$1,910). The median county two-bedroom FMR in North Carolina is $1,145, so ZIP 27110 is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 27110
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$940
$1,030
+9.6%
$927–$1,133
1BR
$1,020
$1,160
+13.7%
$1,044–$1,276
2BR
$1,160
$1,260
+8.6%
$1,134–$1,386
3BR
$1,520
$1,670
+9.9%
$1,503–$1,837
4BR
$1,800
$2,030
+12.8%
$1,827–$2,233
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 27110
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,030
$1,160
$1,260
$1,670
$2,030
FY 2026
$940
$1,020
$1,160
$1,520
$1,800
FY 2025
$890
$930
$1,090
$1,430
$1,690
FY 2024
$830
$870
$1,030
$1,340
$1,560
FY 2023
$790
$820
$990
$1,310
$1,520
Two-bedroom rent in nearby Forsyth County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 27110?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,260, that basic range is $1,134 to $1,386 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 ZIP 27110 in?
ZIP 27110 is in the Winston-Salem, NC 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 ZIP 27110 for FY 2027?
The two-bedroom FMR rose 8.6%, from $1,160 in FY 2026 to $1,260 in FY 2027. Since FY 2023 it has risen 27.3%.
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