28409
ZIPSAFMR
New Hanover County, NC
BRFMR
Eff. Rent
0 BR$1,350$1,350
1 BR$1,790$1,560
2 BR$1,960$1,700
3 BR$2,570$2,210
4 BR$2,740$2,740
5 BR$3,151
6 BR$3,624
7 BR$4,167
8 BR$4,792

Market Alignment

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

Studio
Studio
0.69ratio
FMR$1,350
Market$1,950
vs market-$600

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

0.69
1 BR
1 BR
1.15ratio
FMR$1,790
Market$1,560
vs market+$230

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

1.15
2 BR
2 BR
1.15ratio
FMR$1,960
Market$1,700
vs market+$260

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

1.15
3 BR
3 BR
1.16ratio
FMR$2,570
Market$2,210
vs market+$360

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

1.16
4 BR
4 BR
0.93ratio
FMR$2,740
Market$2,960
vs market-$220

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

0.93
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
$229,339
Rent
$1,960
Down payment
$45,868
Loan
$183,471
Mortgage
$1,160
Expenses
$600
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 28409 (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.