RentData.org

Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔

RentData.org Logo North Carolina Fair Market Rent for 2023 Accurate Rental Price Data

Average Fair Market Rent Prices in North Carolina:
$714 $837 $1,023 $1,285 $1,390
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

North Carolina (NC) has the 30th highest rent in the country out of 56 states and territories. The Fair Market Rent in North Carolina is $1,023 for a 2-bedroom apartment in Burlington, NC MSA.

For FY 2023, the Burlington, NC MSA (Alamance County) rent for a studio or efficiency is $714 per month and $1,390 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 $1,023 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in North Carolina is around 166,144 people. So, there are around 24,922 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. Learn more

North Carolina Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in North Carolina
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Metro $714 $837 $1,023 $1,285 $1,390 166,144

What's Next?

Here are some additional resources you may also be interested in:

Top
Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔