Logo McDowell County Fair Market Rent FY 2020 McDowell County, NC Rental Data

Fair Market Rent Prices in McDowell County, NC :
$569 $572 $671 $836 $1,095
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in McDowell County are low compared to the national average. This FMR area is less expensive than 67% of other FMR areas. Fair Market Rent for a two-bedroom apartment in McDowell County is $671 per month.

The previous year, rent for a two-bedroom home was $679 per month. This is a 1.18% decrease year-over-year.

This FMR rate applies to Little Switzerland, NC, Union Mills, NC, Marion, NC and other cities within the region. The Metro Code or CBSA code for this region is NCNTY37111N37111.

Additionally, This Fair Market Rent (FMR) area McDowell County, NC spans one county or city in North Carolina which is listed in the table below. Estimated population of McDowell County, NC FMR area is 45,070 people based on latest Census data.

Compared to the rest of North Carolina, the McDowell County FMR area is less expensive than 71% 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 McDowell County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in McDowell 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 $ 569
1-BR 1-Bedroom $ 572
2-BR 2-Bedroom $ 671
3-BR 3-Bedroom $ 836
4-BR 4-Bedroom $ 1095
Change Year:

There is just one county (listed below) within the McDowell County, NC FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Greenvll - Spart - Ashevll - And.

County / Region Est. Population
McDowell County, NC 45,070
Zip Codes in McDowell County, NC

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

28167, 28749 and 28752

Lookup Fair Market Rent by Zip Code