28215
ZIPSAFMR
Cabarrus County, NC
BRFMR
Eff. Rent
0 BR$1,510$1,510
1 BR$1,580$1,420
2 BR$1,730$1,690
3 BR$2,130$1,820
4 BR$2,710$2,210
5 BR$3,116
6 BR$3,584
7 BR$4,122
8 BR$4,740

Market Alignment

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

Studio
Studio
0.99ratio
FMR$1,510
Market$1,520
vs market-$10

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

0.99
1 BR
1 BR
1.11ratio
FMR$1,580
Market$1,420
vs market+$160

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

1.11
2 BR
2 BR
1.02ratio
FMR$1,730
Market$1,690
vs market+$40

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

1.02
3 BR
3 BR
1.17ratio
FMR$2,130
Market$1,820
vs market+$310

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

1.17
4 BR
4 BR
1.23ratio
FMR$2,710
Market$2,210
vs market+$500

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

1.23
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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
$195,161
Rent
$1,730
Down payment
$39,032
Loan
$156,129
Mortgage
$987
Expenses
$543
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 28215 (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.