Compare Fair Market Rents — FY2026
| Bedroom | Hickory-Lenoir-Morganton... | Burlington, NC MSA |
|---|---|---|
| Studio | $858 | $992 |
| 1-Bedroom | $908 | $1,230 |
| 2-Bedroom | $1,095 | $1,348 |
| 3-Bedroom | $1,372 | $1,670 |
| 4-Bedroom | $1,660 | $1,972 |
Income Limits & Affordability
| Metric | Hickory-Lenoir-Morganton... | Burlington, NC MSA |
|---|---|---|
| Area Median Income (4p) | $85,200 | $88,600 |
| 50% AMI Limit (4p) | $42,600 | $44,300 |
| Income needed for 2BR FMR (30% rule) | $43,800 | $53,920 |