FY2026 Fair Market Rents — Carteret County
Studio
$907
1BR
$913
2BR
$1,198
3BR
$1,541
4BR
$1,966
Carteret County, North Carolina
FIPS 37031 · County-level FMR and income limit data
FMR Area: Carteret County, NC
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $907 | $10,884 |
| 1-Bedroom | $913 | $10,956 |
| 2-Bedroom | $1,198 | $14,376 |
| 3-Bedroom | $1,541 | $18,492 |
| 4-Bedroom | $1,966 | $23,592 |
To afford the FY2026 2-bedroom FMR of $1,198/mo under the 30%-of-income rule, a household needs about
$47,920/yr ($3,993/mo). Area Median Income is $103,500.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 128 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $907 | $913 | $1,198 | $1,541 | $1,966 |
| FY2025 | $923 | $929 | $1,219 | $1,584 | $2,002 |
| FY2024 | $820 | $826 | $1,085 | $1,454 | $1,812 |
| FY2023 | $757 | $762 | $1,003 | $1,365 | $1,708 |
| FY2022 | $692 | $696 | $916 | $1,264 | $1,568 |
| FY2021 | $638 | $642 | $846 | $1,153 | $1,465 |
| FY2020 | $624 | $628 | $827 | $1,101 | $1,452 |
FY2026 Income Limits
Area Median Income: $103,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,750 | $24,850 | $27,950 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $36,250 | $41,400 | $46,600 | $51,750 | $55,900 | $60,050 |
| 80% AMI | $58,000 | $66,250 | $74,550 | $82,800 | $89,450 | $96,050 |