North Carolina (NC) has the
28th highest rent in the country out of 56 states and territories. The Fair Market Rent in North Carolina
$683 for a 2-bedroom apartment in
Hickory-Lenoir-Morganton, NC MSA
to $1,095 for a 2-bedroom unit in
Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area.
For FY 2018, the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area (Currituck County) rent for a studio or efficiency is $907 per month and $1,912 per month to rent a house or an apartment with 4 bedrooms.
The average Fair Market Rent for a 2-bedroom home in North Carolina is $773 per month.
Approximately 15% of Americans qualify for some level of housing assistance. The population in
North Carolina is around 9,535,483 people. So, there are around 1,430,322 people in North Carolina who could be receiving housing benefits from the HUD.
Click on your region in the list below or on the map to see a more detailed break down of rental prices.
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 North Carolina.
Fair Market Rent is the 40th-percentile of typical rentals in a given region.