FMR is below market; voucher rent may lag private rents.
0.76
1 BR
1 BR
0.73ratio
FMR$850
Market$1,160
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.73
2 BR
2 BR
0.96ratio
FMR$1,070
Market$1,110
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR
0.85ratio
FMR$1,360
Market$1,600
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR
0.90ratio
FMR$1,660
Market$1,840
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.90
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 27895 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 27895 (Wilson, NC) is $1,070 a month. That is up 3.9% from $1,030 in FY 2026. Wilson is in the Wilson County, NC 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 $1,069. Among 18 ZIP codes in Wilson County, 27895 is tied for the 12th-highest two-bedroom rent (county range $1,010–$1,220). The median county two-bedroom FMR in North Carolina is $1,145, so ZIP 27895 is 7% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 27895
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$790
$840
+6.3%
$756–$924
1BR
$800
$850
+6.3%
$765–$935
2BR
$1,030
$1,070
+3.9%
$963–$1,177
3BR
$1,310
$1,360
+3.8%
$1,224–$1,496
4BR
$1,550
$1,660
+7.1%
$1,494–$1,826
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 27895
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$840
$850
$1,070
$1,360
$1,660
FY 2026
$790
$800
$1,030
$1,310
$1,550
FY 2025
$800
$800
$1,010
$1,310
$1,500
FY 2024area FMR
$645
$767
$952
$1,213
$1,327
FY 2023area FMR
$554
$669
$829
$1,045
$1,119
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Wilson County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 27895?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,069, which applies unless the housing authority uses Small Area FMRs, that basic range is $962 to $1,176 a month; under the ZIP-level Small Area FMR of $1,070 it would be $963 to $1,177. 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 27895 in?
ZIP 27895 is in the Wilson County, NC non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,069.
How much did fair market rent change in ZIP 27895 for FY 2027?
The two-bedroom FMR rose 3.9%, from $1,030 in FY 2026 to $1,070 in FY 2027. Since FY 2025 it has risen 5.9%.
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