FY2026 Fair Market Rents — Davidson County
Studio
$816
1BR
$876
2BR
$960
3BR
$1,316
4BR
$1,591
Davidson County, North Carolina
FIPS 37057 · County-level FMR and income limit data
FMR Area: Davidson County, NC HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $816 | $9,792 |
| 1-Bedroom | $876 | $10,512 |
| 2-Bedroom | $960 | $11,520 |
| 3-Bedroom | $1,316 | $15,792 |
| 4-Bedroom | $1,591 | $19,092 |
To afford the FY2026 2-bedroom FMR of $960/mo under the 30%-of-income rule, a household needs about
$38,400/yr ($3,200/mo). Area Median Income is $86,000.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 102 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $816 | $876 | $960 | $1,316 | $1,591 |
| FY2025 | $790 | $812 | $933 | $1,244 | $1,536 |
| FY2024 | $768 | $773 | $954 | $1,264 | $1,557 |
| FY2023 | $656 | $660 | $837 | $1,114 | $1,421 |
| FY2022 | $553 | $556 | $724 | $973 | $1,239 |
| FY2021 | $558 | $562 | $705 | $958 | $1,221 |
| FY2020 | $572 | $576 | $695 | $966 | $1,192 |
FY2026 Income Limits
Area Median Income: $86,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,100 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,100 | $34,400 | $38,700 | $43,000 | $46,450 | $49,900 |
| 80% AMI | $48,200 | $55,050 | $61,950 | $68,800 | $74,350 | $79,850 |