FY2026 Fair Market Rents — Johnston County
Studio
$1,524
1BR
$1,596
2BR
$1,750
3BR
$2,196
4BR
$2,936
Johnston County, North Carolina
FIPS 37101 · County-level FMR and income limit data
FMR Area: Raleigh, NC MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,524 | $18,288 |
| 1-Bedroom | $1,596 | $19,152 |
| 2-Bedroom | $1,750 | $21,000 |
| 3-Bedroom | $2,196 | $26,352 |
| 4-Bedroom | $2,936 | $35,232 |
To afford the FY2026 2-bedroom FMR of $1,750/mo under the 30%-of-income rule, a household needs about
$70,000/yr ($5,833/mo). Area Median Income is $132,300.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 186 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,524 | $1,596 | $1,750 | $2,196 | $2,936 |
| FY2025 | $1,533 | $1,592 | $1,763 | $2,192 | $2,961 |
| FY2024 | $1,427 | $1,466 | $1,646 | $2,035 | $2,711 |
| FY2023 | $1,213 | $1,250 | $1,412 | $1,733 | $2,293 |
| FY2022 | $1,038 | $1,073 | $1,223 | $1,517 | $1,982 |
| FY2021 | $1,013 | $1,053 | $1,200 | $1,509 | $1,950 |
| FY2020 | $962 | $1,022 | $1,163 | $1,482 | $1,895 |
FY2026 Income Limits
Area Median Income: $132,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $27,800 | $31,800 | $35,750 | $39,700 | $42,900 | $46,100 |
| 50% AMI | $46,350 | $52,950 | $59,550 | $66,150 | $71,450 | $76,750 |
| 80% AMI | $74,100 | $84,700 | $95,300 | $105,850 | $114,350 | $122,800 |