Logo Iredell County Fair Market Rent FY 2020 Iredell County, NC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Iredell County, NC :
$748 $770 $876 $1,170 $1,538
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 Iredell County are high compared to the national average. This FMR area is more expensive than 86% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Iredell County is $876 per month.

The previous year, rent for a two-bedroom home was $873 per month. This is a 0.34% increase year-over-year.

This FMR rate applies to Barium Springs, NC, Mount Mourne, NC, Turnersburg, NC, Scotts, NC, Olin, NC, Mount Ulla, NC, Cleveland, NC, Hamptonville, NC, Troutman, NC, Statesville, NC and other cities within the region. The Metro Code or CBSA code for this region is METRO16740N37097.

Additionally, This Fair Market Rent (FMR) area Iredell County, NC HUD Metro FMR Area spans one county or city in North Carolina which is listed in the table below. Estimated population of Iredell County, NC HUD Metro FMR Area FMR area is 169,800 people based on latest Census data.

Compared to the rest of North Carolina, the Iredell County FMR area is more expensive than 87% 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 Iredell County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Iredell 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 $ 820
1-BR 1-Bedroom $ 844
2-BR 2-Bedroom $ 961
3-BR 3-Bedroom $ 1283
4-BR 4-Bedroom $ 1687
Change Year:

There is just one county (listed below) within the Iredell County, NC HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Charlotte and Greensboro - H. Point - W. Salem.

County / Region Est. Population
Iredell County, NC Metro 169,800
Zip Codes in Iredell County, NC HUD Metro FMR Area

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

27013, 27020, 28010, 28115, 28117, 28123, 28125, 28166, 28660, 28677, 28687, 28688 and 28699

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