Logo Scotland County Fair Market Rent FY 2022 Scotland County, NC Rental Data

Fair Market Rent Prices in Scotland County, NC :
$547 $550 $724 $912 $982
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 Scotland County are very low compared to the national average. This FMR area is less expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Scotland County is $724 per month.

The previous year, rent for a two-bedroom home was $693 per month. This is a 4.47% increase year-over-year.

This FMR rate applies to Gibson, NC, Laurinburg, NC, Wagram, NC and other cities within the region. The Metro Code or CBSA code for this region is NCNTY37165N37165.

Additionally, This Fair Market Rent (FMR) area Scotland County, NC spans one county or city in North Carolina which is listed in the table below. Estimated population of Scotland County, NC FMR area is 35,445 people based on latest Census data.

Compared to the rest of North Carolina, the Scotland County FMR area is less expensive than 100% 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 Scotland County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Scotland 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 $ 592
1-BR 1-Bedroom $ 596
2-BR 2-Bedroom $ 784
3-BR 3-Bedroom $ 987
4-BR 4-Bedroom $ 1063
Change Year:

There is just one county (listed below) within the Scotland County, NC FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Myrtle Beach - Florence.

County / Region Est. Population
Scotland County, NC 35,445
Zip Codes in Scotland County, NC

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

28343, 28353 and 28396

Lookup Fair Market Rent by Zip Code