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

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

Studio
$751
1BR
$756
2BR
$930
3BR
$1,303
4BR
$1,562
Hours/week at min wage
99 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
National rank
#570
of 639 U.S. metros (top 90% most expensive)
YoY change (2BR)
+8.6%
+$74 vs FY2024 · 5-yr +38.6%
Voucher payment standard
$837–$1,023
PHAs set HCV payment at 90–110% of the 2BR FMR

Jones 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) $751 $9,012
1-Bedroom $756 $9,072
2-Bedroom $930 $11,160
3-Bedroom $1,303 $15,636
4-Bedroom $1,562 $18,744

Recent 2-Bedroom FMR Trend

FY2019 $679 → FY2025 $930
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2025 $751 $756 $930 $1,303 $1,562
FY2024 $670 $674 $856 $1,206 $1,230
FY2023 $582 $586 $771 $1,070 $1,074
FY2022 $547 $550 $724 $988 $992
FY2021 $549 $558 $693 $936 $940
FY2020 $522 $528 $671 $968 $1,005
FY2019 $510 $513 $679 $919 $971

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $72,900

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $15,400 $20,440 $25,820 $31,200 $36,580 $41,960
50% AMI (Very Low) $25,700 $29,350 $33,000 $36,650 $39,600 $42,550
80% AMI (Low) $41,100 $46,950 $52,800 $58,650 $63,350 $68,050

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$11,160/yr
FMR as % of Area Median Income
15.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$37,200/yr
$3,100/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 $637 $729 $820 $984 $1,057
60% AMI Maximum $765 $874 $984 $1,180 $1,268

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 $670 $674 $856 $1,184 $1,184
Low HOME Rent $642 $733 $825 $916 $990

Compare Jones 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

Counties in This FMR Area

Related Pages