FY2026 Fair Market Rents — Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area

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

Studio
$1,469
1BR
$1,538
2BR
$1,686
3BR
$2,076
4BR
$2,637
Hours/week at min wage
179 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-7.6%
$138 vs FY2025 · 5-yr +46.5%
Voucher payment standard
$1,517–$1,855
PHAs set HCV payment at 90–110% of the 2BR FMR

Charlotte-Concord-Gastonia, NC-SC 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) $1,469 $17,628
1-Bedroom $1,538 $18,456
2-Bedroom $1,686 $20,232
3-Bedroom $2,076 $24,912
4-Bedroom $2,637 $31,644

Recent 2-Bedroom FMR Trend

FY2020 $1,063 → FY2026 $1,686
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,469 $1,538 $1,686 $2,076 $2,637
FY2025 $1,586 $1,647 $1,824 $2,250 $2,852
FY2024 $1,347 $1,384 $1,554 $1,936 $2,481
FY2023 $1,154 $1,180 $1,333 $1,691 $2,183
FY2022 $996 $1,014 $1,155 $1,497 $1,942
FY2021 $987 $1,010 $1,151 $1,518 $1,956
FY2020 $907 $934 $1,063 $1,423 $1,828

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $117,400

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $24,650 $28,200 $31,700 $35,200 $38,680 $44,360
50% AMI (Very Low) $41,100 $47,000 $52,850 $58,700 $63,400 $68,100
80% AMI (Low) $65,750 $75,150 $84,550 $93,900 $101,450 $108,950

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$20,232/yr
FMR as % of Area Median Income
17.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$67,440/yr
$5,620/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 $1,027 $1,174 $1,320 $1,584 $1,702
60% AMI Maximum $1,232 $1,408 $1,584 $1,901 $2,042

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 $1,469 $1,538 $1,686 $1,907 $1,907
Low HOME Rent $1,027 $1,175 $1,321 $1,467 $1,585

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,686. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

28075 $2,530
28202 $2,530
28203 $2,530
28277 $2,330
28204 $2,320

Lowest-cost ZIPs (2BR SAFMR)

28077 $930
29702 $930
28097 $950
28033 $960
28086 $970
All 129 ZIP codes in this area
28006 28012 28016 28021 28025 28026 28027 28031 28032 28033 28034 28035 28036 28052 28053 28054 28055 28056 28070 28071 28075 28077 28078 28079 28080 28081 28082 28083 28086 28092 28097 28098 28101 28103 28104 28105 28106 28107 28108 28110 28111 28112 28120 28124 28126 28130 28133 28134 28135 28138 28164 28173 28174 28202 28203 28204 28205 28206 28207 28208 28209 28210 28211 28212 28213 28214 28215 28216 28217 28219 28220 28221 28222 28223 28224 28226 28227 28228 28229 28230 28231 28232 28233 28234 28235 28236 28237 28241 28244 28246 28247 28254 28256 28262 28266 28269 28270 28271 28273 28274 28277 28278 28280 28281 28282 28284 28285 28287 28297 28299 29702 29703 29704 29706 29708 29710 29712 29715 29716 29717 29726 29730 29731 29732 29733 29734 29742 29743 29745

Compare Charlotte-Concord-Gastonia, NC-SC 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

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