FMRFinder

Wake County, NC fair market rent

Raleigh-Cary, NC MSA · FY2027 · upcoming · effective October 1, 2026

$1,6892 bedrooms / month

Illustrative 90–110% range $1,520–$1,858 · -3.5% from FY2026

Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Metro FMR area. U.S. county median 2BR $1,056.

Your housing authority's payment standard: not verified on this page.

Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.

HUD rents by bedroom count
UnitFY2027FY2026Change
Studio$1,489$1,524-2.3%
1 bedroom$1,552$1,596-2.8%
2 bedrooms$1,689$1,750-3.5%
3 bedrooms$2,103$2,196-4.2%
4 bedrooms$2,823$2,936-3.8%

Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.

2-bedroom FMR, last 11 years

HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method

Small Area FMRs by ZIP code

86 ZIPs in Raleigh-Cary, NC MSA
View the remaining 6 ZIP codes

Same FMR area

North Carolina areas with a similar 2BR rent

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