What is the Fair Market Rent for a 2-bedroom in Haywood County, NC HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Haywood County, NC HUD Metro FMR Area is $1,223 per month for fiscal year 2025. The studio FMR is $987, 1-bedroom is $1,105, 3-bedroom is $1,473, and 4-bedroom is $1,736.

What income do you need to afford the FMR in Haywood County, NC HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $48,920 per year ($4,077 per month) to afford the FY2025 2-bedroom Fair Market Rent of $1,223 in Haywood County, NC HUD Metro FMR Area.

FY2025 Fair Market Rents — Haywood County, NC HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2025 in this area are:

Studio

$987

1BR

$1,105

2BR

$1,223

3BR

$1,473

4BR

$1,736

Hours/week at min wage

130 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

National rank

#293

of 639 U.S. metros (top 47% most expensive)

YoY change (2BR)

-1.1%

$14 vs FY2024 · 5-yr +33.2%

Voucher payment standard

$1,101–$1,345

PHAs set HCV payment at 90–110% of the 2BR FMR

Haywood County, NC HUD Metro FMR Area

Metropolitan area · NC · View full history · Income limits · LIHTC rents

FY2025 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$987	$11,844
1-Bedroom	$1,105	$13,260
2-Bedroom	$1,223	$14,676
3-Bedroom	$1,473	$17,676
4-Bedroom	$1,736	$20,832

Recent 2-Bedroom FMR Trend

FY2019 $842 → FY2025 $1,223

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2025	$987	$1,105	$1,223	$1,473	$1,736
FY2024	$1,068	$1,102	$1,237	$1,496	$1,692
FY2023	$686	$893	$1,009	$1,228	$1,453
FY2022	$637	$822	$937	$1,165	$1,422
FY2021	$587	$726	$827	$1,051	$1,336
FY2020	$652	$806	$918	$1,167	$1,484
FY2019	$612	$735	$842	$1,083	$1,398

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $83,400

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$17,350	$20,440	$25,820	$31,200	$36,580	$41,960
50% AMI (Very Low)	$28,850	$33,000	$37,100	$41,250	$44,550	$47,850
80% AMI (Low)	$46,200	$52,800	$59,400	$66,000	$71,250	$76,550

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,676/yr

FMR as % of Area Median Income

17.6% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$48,920/yr

$4,077/mo gross income

FY2024 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$729	$834	$938	$1,125	$1,209
60% AMI Maximum	$875	$1,000	$1,125	$1,351	$1,451

FY2024 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,068	$1,102	$1,237	$1,355	$1,355
Low HOME Rent	$721	$825	$927	$1,031	$1,113

Compare Haywood County, NC HUD Metro FMR Area With Other NC Metros

vs. Anson County, NC HUD Metro FMR Area vs. Asheville, NC HUD Metro FMR Area vs. Brunswick County, NC HUD Metro FMR Area vs. Brunswick County, NC HUD Metro FMR Area vs. Burlington, NC MSA