FY2026 Fair Market Rents — Lee County
Studio
$874
1BR
$880
2BR
$1,136
3BR
$1,362
4BR
$1,715
Lee County, North Carolina
FIPS 37105 · County-level FMR and income limit data
FMR Area: Lee County, NC
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $874 | $10,488 |
| 1-Bedroom | $880 | $10,560 |
| 2-Bedroom | $1,136 | $13,632 |
| 3-Bedroom | $1,362 | $16,344 |
| 4-Bedroom | $1,715 | $20,580 |
To afford the FY2026 2-bedroom FMR of $1,136/mo under the 30%-of-income rule, a household needs about
$45,440/yr ($3,787/mo). Area Median Income is $85,400.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 121 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $874 | $880 | $1,136 | $1,362 | $1,715 |
| FY2025 | $922 | $928 | $1,172 | $1,412 | $1,774 |
| FY2024 | $842 | $871 | $1,011 | $1,242 | $1,566 |
| FY2023 | $736 | $792 | $894 | $1,103 | $1,346 |
| FY2022 | $671 | $723 | $824 | $1,030 | $1,196 |
| FY2021 | $660 | $682 | $777 | $980 | $1,054 |
| FY2020 | $625 | $643 | $732 | $949 | $992 |
FY2026 Income Limits
Area Median Income: $85,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,650 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,400 | $33,600 | $37,800 | $42,000 | $45,400 | $48,750 |
| 80% AMI | $47,050 | $53,750 | $60,500 | $67,200 | $72,600 | $77,950 |