FY2026 Fair Market Rents — Person County
Studio
$739
1BR
$744
2BR
$948
3BR
$1,318
4BR
$1,377
Person County, North Carolina
FIPS 37145 · County-level FMR and income limit data
FMR Area: Person County, NC HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $739 | $8,868 |
| 1-Bedroom | $744 | $8,928 |
| 2-Bedroom | $948 | $11,376 |
| 3-Bedroom | $1,318 | $15,816 |
| 4-Bedroom | $1,377 | $16,524 |
To afford the FY2026 2-bedroom FMR of $948/mo under the 30%-of-income rule, a household needs about
$37,920/yr ($3,160/mo). Area Median Income is $85,400.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 101 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $739 | $744 | $948 | $1,318 | $1,377 |
| FY2025 | $790 | $795 | $1,031 | $1,445 | $1,483 |
| FY2024 | $718 | $722 | $949 | $1,337 | $1,365 |
| FY2023 | $636 | $640 | $843 | $1,157 | $1,162 |
| FY2022 | $589 | $593 | $780 | $1,054 | $1,058 |
| FY2021 | $571 | $574 | $757 | $1,024 | $1,027 |
| FY2020 | $545 | $549 | $723 | $969 | $979 |
FY2026 Income Limits
Area Median Income: $85,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,950 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,900 | $34,200 | $38,450 | $42,700 | $46,150 | $49,550 |
| 80% AMI | $47,850 | $54,650 | $61,500 | $68,300 | $73,800 | $79,250 |