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

The HUD Fair Market Rent for a 2-bedroom unit in Craven County, NC HUD Metro FMR Area is $1,184 per month for fiscal year 2026. The studio FMR is $897, 1-bedroom is $902, 3-bedroom is $1,591, and 4-bedroom is $1,988.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $47,360 per year ($3,947 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,184 in Craven County, NC HUD Metro FMR Area.

FY2026 Fair Market Rents — Craven County, NC HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$897

1BR

$902

2BR

$1,184

3BR

$1,591

4BR

$1,988

Hours/week at min wage

126 hrs

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

YoY change (2BR)

-10%

$131 vs FY2025 · 5-yr +25%

Voucher payment standard

$1,066–$1,302

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

Craven County, NC HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$897	$10,764
1-Bedroom	$902	$10,824
2-Bedroom	$1,184	$14,208
3-Bedroom	$1,591	$19,092
4-Bedroom	$1,988	$23,856

Recent 2-Bedroom FMR Trend

FY2020 $929 → FY2026 $1,184

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$897	$902	$1,184	$1,591	$1,988
FY2025	$996	$1,002	$1,315	$1,767	$2,208
FY2024	$928	$935	$1,228	$1,660	$2,084
FY2023	$829	$834	$1,092	$1,465	$1,860
FY2022	$764	$771	$984	$1,319	$1,684
FY2021	$728	$750	$947	$1,284	$1,640
FY2020	$702	$719	$929	$1,270	$1,621

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $87,000

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$18,300	$21,640	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$30,450	$34,800	$39,150	$43,500	$47,000	$50,500
80% AMI (Low)	$48,750	$55,700	$62,650	$69,600	$75,200	$80,750

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,208/yr

FMR as % of Area Median Income

16.3% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$47,360/yr

$3,947/mo gross income

FY2026 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	$761	$870	$978	$1,174	$1,261
60% AMI Maximum	$913	$1,044	$1,174	$1,409	$1,513

FY2026 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	$897	$902	$1,184	$1,413	$1,413
Low HOME Rent	$761	$870	$978	$1,087	$1,175

Compare Craven 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

Craven County