FMR is below market; voucher rent may lag private rents.
0.66
1 BR
1 BR
0.93ratio
FMR$967
Market$1,040
vs market-$73
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR
1.03ratio
FMR$1,167
Market$1,130
vs market+$37
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR
0.93ratio
FMR$1,518
Market$1,640
vs market-$122
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR
0.86ratio
FMR$1,909
Market$2,220
vs market-$311
FMR is below market; voucher rent may lag private rents.
0.86
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
--
ZIP 27811 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 27811 (Bellarthur, NC) is $1,167 a month. That is up 6.6% from $1,095 in FY 2026. Bellarthur is in the Greenville, NC MSA. The median county two-bedroom FMR in North Carolina is $1,145, so ZIP 27811 is 2% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 27811
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$891
$961
+7.9%
$865–$1,057
1BR
$896
$967
+7.9%
$870–$1,064
2BR
$1,095
$1,167
+6.6%
$1,050–$1,284
3BR
$1,465
$1,518
+3.6%
$1,366–$1,670
4BR
$1,837
$1,909
+3.9%
$1,718–$2,100
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 27811
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$961
$967
$1,167
$1,518
$1,909
FY 2026
$891
$896
$1,095
$1,465
$1,837
FY 2025
$878
$883
$1,096
$1,484
$1,840
FY 2024
$925
$931
$1,155
$1,570
$1,960
FY 2023
$813
$818
$1,015
$1,379
$1,729
Questions about ZIP 27811 rents
How much will Section 8 pay for a two-bedroom in ZIP 27811?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,167, that basic range is $1,050 to $1,284 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 27811 in?
ZIP 27811 is in the Greenville, NC MSA. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 27811 for FY 2027?
The two-bedroom FMR rose 6.6%, from $1,095 in FY 2026 to $1,167 in FY 2027. Since FY 2023 it has risen 15.0%.
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 Fair Market Rents. 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