28042
ZIPSAFMR
Cleveland County, NC
BRFMR
Eff. Rent
0 BR$760$760
1 BR$760$760
2 BR$930$930
3 BR$1,290$1,280
4 BR$1,320$1,320
5 BR$1,518
6 BR$1,746
7 BR$2,008
8 BR$2,309

Market Alignment

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

Studio
Studio
0.77ratio
FMR$760
Market$990
vs market-$230

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

0.77
1 BR
1 BR
0.76ratio
FMR$760
Market$1,000
vs market-$240

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

0.76
2 BR
2 BR
0.87ratio
FMR$930
Market$1,070
vs market-$140

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

0.87
3 BR
3 BR
1.01ratio
FMR$1,290
Market$1,280
vs market+$10

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

1.01
4 BR
4 BR
0.94ratio
FMR$1,320
Market$1,410
vs market-$90

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

0.94
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$76,281
Rent
$930
Down payment
$15,256
Loan
$61,025
Mortgage
$386
Expenses
$344
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 28042 (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.