FY2026 Fair Market Rents — Swain County
Studio
$806
1BR
$813
2BR
$925
3BR
$1,264
4BR
$1,390
Swain County, North Carolina
FIPS 37173 · County-level FMR and income limit data
FMR Area: Swain County, NC
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $806 | $9,672 |
| 1-Bedroom | $813 | $9,756 |
| 2-Bedroom | $925 | $11,100 |
| 3-Bedroom | $1,264 | $15,168 |
| 4-Bedroom | $1,390 | $16,680 |
To afford the FY2026 2-bedroom FMR of $925/mo under the 30%-of-income rule, a household needs about
$37,000/yr ($3,083/mo). Area Median Income is $72,900.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 99 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $806 | $813 | $925 | $1,264 | $1,390 |
| FY2025 | $757 | $762 | $930 | $1,303 | $1,398 |
| FY2024 | $652 | $656 | $856 | $1,206 | $1,305 |
| FY2023 | $617 | $621 | $771 | $1,082 | $1,209 |
| FY2022 | $575 | $579 | $724 | $986 | $1,143 |
| FY2021 | $589 | $608 | $693 | $899 | $1,111 |
| FY2020 | $573 | $589 | $671 | $845 | $1,067 |
FY2026 Income Limits
Area Median Income: $72,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,450 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $27,450 | $31,350 | $35,250 | $39,150 | $42,300 | $45,450 |
| 80% AMI | $43,900 | $50,150 | $56,400 | $62,650 | $67,700 | $72,700 |