FY2026 Fair Market Rents — Polk County
Studio
$824
1BR
$829
2BR
$983
3BR
$1,351
4BR
$1,649
Polk County, North Carolina
FIPS 37149 · County-level FMR and income limit data
FMR Area: Polk County, NC
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $824 | $9,888 |
| 1-Bedroom | $829 | $9,948 |
| 2-Bedroom | $983 | $11,796 |
| 3-Bedroom | $1,351 | $16,212 |
| 4-Bedroom | $1,649 | $19,788 |
To afford the FY2026 2-bedroom FMR of $983/mo under the 30%-of-income rule, a household needs about
$39,320/yr ($3,277/mo). Area Median Income is $93,800.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 105 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $824 | $829 | $983 | $1,351 | $1,649 |
| FY2025 | $836 | $841 | $1,046 | $1,335 | $1,757 |
| FY2024 | $787 | $792 | $1,004 | $1,214 | $1,586 |
| FY2023 | $757 | $762 | $924 | $1,125 | $1,345 |
| FY2022 | $710 | $713 | $823 | $1,017 | $1,195 |
| FY2021 | $626 | $630 | $768 | $955 | $1,100 |
| FY2020 | $564 | $568 | $746 | $930 | $1,050 |
FY2026 Income Limits
Area Median Income: $93,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,600 | $22,400 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,700 | $37,350 | $42,000 | $46,650 | $50,400 | $54,150 |
| 80% AMI | $52,300 | $59,750 | $67,200 | $74,650 | $80,650 | $86,600 |