Logo Cherokee County Fair Market Rent FY 2012 Cherokee County, NC Rental Data

Fair Market Rent Prices in Cherokee County, NC :
$380 $492 $584 $849 $1,023
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Cherokee County are average compared to the national average. This FMR area is more expensive than 64% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cherokee County is $584 per month.

The previous year, rent for a two-bedroom home was $596 per month. This is a 2.01% decrease year-over-year.

This FMR rate applies to Culberson, NC, Brasstown, NC, Marble, NC, Andrews, NC, Murphy, NC and other cities within the region. The Metro Code or CBSA code for this region is NCNTY37039N37039.

Additionally, This Fair Market Rent (FMR) area Cherokee County, NC spans one county or city in North Carolina which is listed in the table below. Estimated population of Cherokee County, NC FMR area is 24,298 people based on latest Census data.

Compared to the rest of North Carolina, the Cherokee County FMR area is less expensive than 52% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Cherokee County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cherokee County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 380
1-BR 1-Bedroom $ 493
2-BR 2-Bedroom $ 585
3-BR 3-Bedroom $ 850
4-BR 4-Bedroom $ 1024
Change Year:

There is just one county (listed below) within the Cherokee County, NC FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Chattanooga and Atlanta.

County / Region Est. Population
Cherokee County, NC 24,298
Zip Codes in Cherokee County, NC

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

28901, 28902, 28903, 28905 and 28906

Lookup Fair Market Rent by Zip Code