FY2026 Fair Market Rents — Craven County
Studio
$897
1BR
$902
2BR
$1,184
3BR
$1,591
4BR
$1,988
Craven County, North Carolina
FIPS 37049 · County-level FMR and income limit data
FMR Area: Craven County, NC HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $897 | $10,764 |
| 1-Bedroom | $902 | $10,824 |
| 2-Bedroom | $1,184 | $14,208 |
| 3-Bedroom | $1,591 | $19,092 |
| 4-Bedroom | $1,988 | $23,856 |
To afford the FY2026 2-bedroom FMR of $1,184/mo under the 30%-of-income rule, a household needs about
$47,360/yr ($3,947/mo). Area Median Income is $87,000.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 126 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $897 | $902 | $1,184 | $1,591 | $1,988 |
| FY2025 | $996 | $1,002 | $1,315 | $1,767 | $2,208 |
| FY2024 | $928 | $935 | $1,228 | $1,660 | $2,084 |
| FY2023 | $829 | $834 | $1,092 | $1,465 | $1,860 |
| FY2022 | $764 | $771 | $984 | $1,319 | $1,684 |
| FY2021 | $728 | $750 | $947 | $1,284 | $1,640 |
| FY2020 | $702 | $719 | $929 | $1,270 | $1,621 |
FY2026 Income Limits
Area Median Income: $87,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,300 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,450 | $34,800 | $39,150 | $43,500 | $47,000 | $50,500 |
| 80% AMI | $48,750 | $55,700 | $62,650 | $69,600 | $75,200 | $80,750 |