RentData.org

RentData.org Logo Fayetteville Fair Market Rent FY 2016 Fayetteville, NC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Fayetteville, NC :
$661 $665 $835 $1,143 $1,417
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 Fayetteville are high compared to the national average. This FMR area is more expensive than 88% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Fayetteville is $835 per month.

The previous year, rent for a two-bedroom home was $774 per month. This is a 7.88% increase year-over-year.

This FMR rate applies to Cumberland, NC, Falcon, NC, Pope Army Airfield, NC, Wade, NC, Godwin, NC, Autryville, NC, Linden, NC, Stedman, NC, Parkton, NC, Spring Lake, NC and other cities within the region. The Metro Code or CBSA code for this region is METRO22180M22180.

Additionally, This Fair Market Rent (FMR) area Fayetteville, NC HUD Metro FMR Area spans one county or city in North Carolina which is listed in the table below. Estimated population of Fayetteville, NC HUD Metro FMR Area FMR area is 319,431 people based on latest Census data.

Compared to the rest of North Carolina, the Fayetteville FMR area is more expensive than 90% of the state.

North Carolina Rents Map

Click on the map to view more another region.

See Nationwide Map

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 Fayetteville. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Fayetteville

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 $ 714
1-BR 1-Bedroom $ 719
2-BR 2-Bedroom $ 902
3-BR 3-Bedroom $ 1234
4-BR 4-Bedroom $ 1531
Change Year:

There is just one county (listed below) within the Fayetteville, NC HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Raleigh - Durham (Fayetvlle) and Myrtle Beach - Florence.

County / Region Est. Population
Cumberland County, NC Metro 319,431
Zip Codes in Fayetteville, NC HUD Metro FMR Area

There are 22 unique zip codes in this Fair Market Rent (FMR) area:

28301, 28302, 28303, 28304, 28305, 28307, 28308, 28309, 28310, 28311, 28314, 28318, 28331, 28334, 28342, 28344, 28348, 28356, 28371, 28390, 28391 and 28395

Lookup Fair Market Rent by Zip Code
Top