FY2026 Fair Market Rents — Clay County
Studio
$878
1BR
$948
2BR
$1,039
3BR
$1,429
4BR
$1,561
Clay County, North Carolina
FIPS 37043 · County-level FMR and income limit data
FMR Area: Clay County, NC
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $878 | $10,536 |
| 1-Bedroom | $948 | $11,376 |
| 2-Bedroom | $1,039 | $12,468 |
| 3-Bedroom | $1,429 | $17,148 |
| 4-Bedroom | $1,561 | $18,732 |
To afford the FY2026 2-bedroom FMR of $1,039/mo under the 30%-of-income rule, a household needs about
$41,560/yr ($3,463/mo). Area Median Income is $86,300.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 111 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $878 | $948 | $1,039 | $1,429 | $1,561 |
| FY2025 | $856 | $921 | $1,020 | $1,357 | $1,533 |
| FY2024 | $775 | $828 | $930 | $1,193 | $1,417 |
| FY2023 | $695 | $747 | $844 | $1,027 | $1,323 |
| FY2022 | $668 | $721 | $821 | $1,015 | $1,296 |
| FY2021 | $661 | $665 | $788 | $980 | $1,264 |
| FY2020 | $614 | $618 | $754 | $940 | $1,199 |
FY2026 Income Limits
Area Median Income: $86,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,150 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,250 | $34,550 | $38,850 | $43,150 | $46,650 | $50,100 |
| 80% AMI | $48,350 | $55,250 | $62,150 | $69,050 | $74,600 | $80,100 |