Logo Durham-Chapel Hill Fair Market Rent FY 2010 Durham-Chapel Hill, NC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Durham-Chapel Hill, NC :
$542 $742 $832 $1,087 $1,172
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Durham-Chapel Hill are high compared to the national average. This FMR area is more expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Durham-Chapel Hill is $832 per month.

This FMR rate applies to Bonlee, NC, Gulf, NC, Bennett, NC, Goldston, NC, New Hill, NC, Cedar Grove, NC, Moncure, NC, Staley, NC, Bear Creek, NC, Bahama, NC and other cities within the region. The Metro Code or CBSA code for this region is METRO20500M20500.

Additionally, This Fair Market Rent (FMR) area Durham-Chapel Hill, NC HUD Metro FMR Area spans three counties or cities in North Carolina which ares listed in the table below. Estimated population of Durham-Chapel Hill, NC HUD Metro FMR Area FMR area is 390,870 people based on 2000 Census data.

Compared to the rest of North Carolina, the Durham-Chapel Hill FMR area is more expensive than 92% 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 Durham-Chapel Hill. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Durham-Chapel Hill

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 $ 596
1-BR 1-Bedroom $ 795
2-BR 2-Bedroom $ 901
3-BR 3-Bedroom $ 1215
4-BR 4-Bedroom $ 1388
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The counties, cities, towns, and regions listed below fall into the Durham-Chapel Hill, NC HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Raleigh - Durham (Fayetvlle) and Greensboro - H. Point - W. Salem.

County / Region Est. Population
Chatham County, NC Metro 49,329
Durham County, NC Metro 223,314
Orange County, NC Metro 118,227
Zip Codes in Durham-Chapel Hill, NC HUD Metro FMR Area

There are 47 unique zip codes in this Fair Market Rent (FMR) area:

27207, 27208, 27213, 27231, 27243, 27252, 27256, 27278, 27312, 27325, 27330, 27332, 27355, 27502, 27503, 27510, 27514, 27515, 27516, 27517, 27519, 27523, 27540, 27541, 27559, 27560, 27562, 27572, 27583, 27599, 27613, 27617, 27701, 27702, 27703, 27704, 27705, 27706, 27707, 27708, 27709, 27710, 27712, 27713, 27715, 27717 and 27722

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