FY2026 Fair Market Rents — Granville County
Studio
$1,026
1BR
$1,084
2BR
$1,200
3BR
$1,571
4BR
$1,700
Granville County, North Carolina
FIPS 37077 · County-level FMR and income limit data
FMR Area: Granville County, NC
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,026 | $12,312 |
| 1-Bedroom | $1,084 | $13,008 |
| 2-Bedroom | $1,200 | $14,400 |
| 3-Bedroom | $1,571 | $18,852 |
| 4-Bedroom | $1,700 | $20,400 |
To afford the FY2026 2-bedroom FMR of $1,200/mo under the 30%-of-income rule, a household needs about
$48,000/yr ($4,000/mo). Area Median Income is $87,800.
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 | $1,026 | $1,084 | $1,200 | $1,571 | $1,700 |
| FY2025 | $1,140 | $1,204 | $1,333 | $1,745 | $1,888 |
| FY2024 | $1,013 | $1,040 | $1,168 | $1,579 | $1,739 |
| FY2023 | $865 | $870 | $1,012 | $1,318 | $1,551 |
| FY2022 | $666 | $670 | $863 | $1,093 | $1,349 |
| FY2021 | $626 | $630 | $830 | $1,032 | $1,277 |
| FY2020 | $617 | $621 | $818 | $1,019 | $1,255 |
FY2026 Income Limits
Area Median Income: $87,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,450 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,750 | $35,150 | $39,550 | $43,900 | $47,450 | $50,950 |
| 80% AMI | $49,200 | $56,200 | $63,250 | $70,250 | $75,900 | $81,500 |