FMR is below market; voucher rent may lag private rents.
0.50
1 BR
1 BR
0.80ratio
FMR$1,070
Market$1,330
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR
0.71ratio
FMR$1,160
Market$1,630
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.71
3 BR
3 BR
0.80ratio
FMR$1,500
Market$1,870
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR
0.79ratio
FMR$1,760
Market$2,240
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.79
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 27411 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 27411 (Greensboro, NC) is $1,160 a month. That is down 2.5% from $1,190 in FY 2026. Greensboro is in the Greensboro-High Point, NC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 52 ZIP codes in Guilford County, 27411 has the 43rd-highest two-bedroom rent (county range $1,010–$1,910). The median county two-bedroom FMR in North Carolina is $1,145, so ZIP 27411 is 1% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 27411
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,040
$1,030
−1.0%
$927–$1,133
1BR
$1,090
$1,070
−1.8%
$963–$1,177
2BR
$1,190
$1,160
−2.5%
$1,044–$1,276
3BR
$1,530
$1,500
−2.0%
$1,350–$1,650
4BR
$1,760
$1,760
0.0%
$1,584–$1,936
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 27411
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,030
$1,070
$1,160
$1,500
$1,760
FY 2026
$1,040
$1,090
$1,190
$1,530
$1,760
FY 2025
$940
$970
$1,080
$1,380
$1,550
FY 2024
$1,040
$1,070
$1,200
$1,530
$1,720
FY 2023
$920
$950
$1,070
$1,380
$1,550
Two-bedroom rent in nearby Guilford County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 27411?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,160, that basic range is $1,044 to $1,276 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 27411 in?
ZIP 27411 is in the Greensboro-High Point, 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 27411 for FY 2027?
The two-bedroom FMR fell 2.5%, from $1,190 in FY 2026 to $1,160 in FY 2027. Since FY 2023 it has risen 8.4%.
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