FY2026 Fair Market Rents — Avery County
Studio
$761
1BR
$766
2BR
$1,005
3BR
$1,205
4BR
$1,510
Avery County, North Carolina
FIPS 37011 · County-level FMR and income limit data
FMR Area: Avery County, NC
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $761 | $9,132 |
| 1-Bedroom | $766 | $9,192 |
| 2-Bedroom | $1,005 | $12,060 |
| 3-Bedroom | $1,205 | $14,460 |
| 4-Bedroom | $1,510 | $18,120 |
To afford the FY2026 2-bedroom FMR of $1,005/mo under the 30%-of-income rule, a household needs about
$40,200/yr ($3,350/mo). Area Median Income is $88,800.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 107 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $761 | $766 | $1,005 | $1,205 | $1,510 |
| FY2025 | $798 | $803 | $1,054 | $1,270 | $1,584 |
| FY2024 | $776 | $781 | $1,026 | $1,241 | $1,366 |
| FY2023 | $706 | $711 | $936 | $1,139 | $1,257 |
| FY2022 | $645 | $649 | $854 | $1,056 | $1,158 |
| FY2021 | $595 | $599 | $789 | $1,000 | $1,265 |
| FY2020 | $562 | $566 | $741 | $945 | $1,179 |
FY2026 Income Limits
Area Median Income: $88,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,700 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,100 | $35,550 | $40,000 | $44,400 | $48,000 | $51,550 |
| 80% AMI | $49,750 | $56,850 | $63,950 | $71,050 | $76,750 | $82,450 |