Logo Rocky Mount Fair Market Rent FY 2023 Rocky Mount, NC MSA Rental Data

Fair Market Rent Prices in Rocky Mount, NC :
$712 $717 $890 $1,210 $1,323
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 Rocky Mount are average compared to the national average. This FMR area is more expensive than 67% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Rocky Mount is $890 per month.

The previous year, rent for a two-bedroom home was $813 per month. This is a 9.47% increase year-over-year.

This FMR rate applies to Speed, NC, Conetoe, NC, Hobgood, NC, Fountain, NC, Macclesfield, NC, Bethel, NC, Pinetops, NC, Battleboro, NC, Whitakers, NC, Elm City, NC and other cities within the region. The Metro Code or CBSA code for this region is METRO40580M40580.

Additionally, This Fair Market Rent (FMR) area Rocky Mount, NC MSA spans one county or city in North Carolina which is listed in the table below. Estimated population of Rocky Mount, NC MSA FMR area is 52,069 people based on latest Census data.

Compared to the rest of North Carolina, the Rocky Mount FMR area is more expensive than 54% 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 Rocky Mount. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Rocky Mount

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 $ 772
1-BR 1-Bedroom $ 777
2-BR 2-Bedroom $ 965
3-BR 3-Bedroom $ 1312
4-BR 4-Bedroom $ 1435
Change Year:

There is just one county (listed below) within the Rocky Mount, NC MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Raleigh - Durham (Fayetvlle) and Greenville - N. Bern - Washngtn.

County / Region Est. Population
Rocky Mount, NC Metro 52,069
Zip Codes in Rocky Mount, NC MSA

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

27801, 27802, 27803, 27804, 27809, 27812, 27815, 27819, 27822, 27829, 27834, 27843, 27852, 27864, 27881, 27886 and 27891

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