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

The HUD Fair Market Rent for a 2-bedroom unit in Pamlico County, NC HUD Metro FMR Area is $1,188 per month for fiscal year 2025. The studio FMR is $900, 1-bedroom is $906, 3-bedroom is $1,431, and 4-bedroom is $1,575.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $47,520 per year ($3,960 per month) to afford the FY2025 2-bedroom Fair Market Rent of $1,188 in Pamlico County, NC HUD Metro FMR Area.

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

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

Studio

$900

1BR

$906

2BR

$1,188

3BR

$1,431

4BR

$1,575

Hours/week at min wage

127 hrs

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

National rank

#324

of 639 U.S. metros (top 52% most expensive)

YoY change (2BR)

+4.4%

+$50 vs FY2024 · 5-yr +56.7%

Voucher payment standard

$1,069–$1,307

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

Pamlico 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)	$900	$10,800
1-Bedroom	$906	$10,872
2-Bedroom	$1,188	$14,256
3-Bedroom	$1,431	$17,172
4-Bedroom	$1,575	$18,900

Recent 2-Bedroom FMR Trend

FY2019 $725 → FY2025 $1,188

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2025	$900	$906	$1,188	$1,431	$1,575
FY2024	$860	$866	$1,138	$1,376	$1,578
FY2023	$762	$767	$1,004	$1,222	$1,559
FY2022	$639	$644	$847	$1,047	$1,450
FY2021	$624	$628	$795	$989	$1,376
FY2020	$589	$599	$758	$945	$1,331
FY2019	$564	$584	$725	$958	$1,273

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $83,500

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$16,600	$20,440	$25,820	$31,200	$36,580	$41,960
50% AMI (Very Low)	$27,650	$31,600	$35,550	$39,500	$42,700	$45,850
80% AMI (Low)	$44,250	$50,600	$56,900	$63,200	$68,300	$73,350

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,256/yr

FMR as % of Area Median Income

17.1% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$47,520/yr

$3,960/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	$730	$835	$939	$1,127	$1,210
60% AMI Maximum	$876	$1,002	$1,127	$1,352	$1,452

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	$860	$866	$1,138	$1,356	$1,356
Low HOME Rent	$691	$790	$888	$987	$1,067

Compare Pamlico 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