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RentData.org Logo Gates County Fair Market Rent FY 2023 Gates County, NC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Gates County, NC :
$779 $792 $923 $1,203 $1,492
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Gates County are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Gates County is $923 per month.

The previous year, rent for a two-bedroom home was $795 per month. This is a 16.1% increase year-over-year.

This FMR rate applies to Roduco, NC, Gatesville, NC, Eure, NC, Sunbury, NC, Corapeake, NC, Gates, NC and other cities within the region. The Metro Code or CBSA code for this region is METRO47260N37073.

Additionally, This Fair Market Rent (FMR) area Gates County, NC HUD Metro FMR Area spans one county or city in which is listed in the table below. Estimated population of Gates County, NC HUD Metro FMR Area FMR area is 11,519 people based on latest Census data.

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

Median Rent Prices in Gates 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 $ 849
1-BR 1-Bedroom $ 863
2-BR 2-Bedroom $ 1006
3-BR 3-Bedroom $ 1312
4-BR 4-Bedroom $ 1626
Change Year:

There is just one county (listed below) within the Gates County, NC HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Norfolk - Portsmth - Newpt Nws.

County / Region Est. Population
, NC Metro 11,519
Zip Codes in Gates County, NC HUD Metro FMR Area

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

27926, 27935, 27937, 27938, 27969 and 27979

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