FY2026 Fair Market Rents — Yancey County
Studio
$708
1BR
$713
2BR
$935
3BR
$1,233
4BR
$1,238
Yancey County, North Carolina
FIPS 37199 · County-level FMR and income limit data
FMR Area: Yancey County, NC
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $708 | $8,496 |
| 1-Bedroom | $713 | $8,556 |
| 2-Bedroom | $935 | $11,220 |
| 3-Bedroom | $1,233 | $14,796 |
| 4-Bedroom | $1,238 | $14,856 |
To afford the FY2026 2-bedroom FMR of $935/mo under the 30%-of-income rule, a household needs about
$37,400/yr ($3,117/mo). Area Median Income is $85,300.
At NC's federal minimum wage of $7.25/hr, a worker would need to work 100 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $708 | $713 | $935 | $1,233 | $1,238 |
| FY2025 | $704 | $709 | $930 | $1,228 | $1,233 |
| FY2024 | $647 | $651 | $856 | $1,136 | $1,140 |
| FY2023 | $555 | $593 | $771 | $1,055 | $1,148 |
| FY2022 | $528 | $566 | $724 | $977 | $1,154 |
| FY2021 | $505 | $550 | $693 | $918 | $1,062 |
| FY2020 | $514 | $517 | $671 | $886 | $1,067 |
FY2026 Income Limits
Area Median Income: $85,300
| 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 | $34,150 | $38,400 | $42,650 | $46,100 | $49,500 |
| 80% AMI | $47,800 | $54,600 | $61,450 | $68,250 | $73,750 | $79,200 |