27511
ZIPSAFMR
Wake County, NC
BRFMR
Eff. Rent
0 BR$1,410$1,410
1 BR$1,480$1,480
2 BR$1,620$1,620
3 BR$2,030$2,030
4 BR$2,720$2,360
5 BR$3,128
6 BR$3,597
7 BR$4,137
8 BR$4,757

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.97ratio
FMR$1,410
Market$1,460
vs market-$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.97
1 BR
1 BR
0.75ratio
FMR$1,480
Market$1,980
vs market-$500

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.75
2 BR
2 BR
0.86ratio
FMR$1,620
Market$1,890
vs market-$270

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.86
3 BR
3 BR
0.94ratio
FMR$2,030
Market$2,150
vs market-$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.94
4 BR
4 BR
1.15ratio
FMR$2,720
Market$2,360
vs market+$360

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.15
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$178,815
Rent
$1,620
Down payment
$35,763
Loan
$143,052
Mortgage
$904
Expenses
$516
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 27511 (NC) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.