HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Caswell County, North Carolina (FY 2026)
A two-bedroom in Caswell County carries a FY 2026 Fair Market Rent of $925 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Caswell keys off that figure.
2 bedroom FMR
$925
FY 2026, utilities included
Payment standard range
$833 to $1,018
90% to 110% of FMR
Income to afford 2BR
$37,000
per year, at 30% of income
Rank in North Carolina
76th of 100
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Caswell moves to $1,012. That's up 9%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Caswell actually rent for?
Search any address in Caswell for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $743 | $669 to $817 | $29,720 | $14.29/hr | -4.7% |
| 1 bedroom | $748 | $673 to $823 | $29,920 | $14.38/hr | -9.4% |
| 2 bedroom | $925 | $833 to $1,018 | $37,000 | $17.79/hr | -0.5% |
| 3 bedroom | $1,270 | $1,143 to $1,397 | $50,800 | $24.42/hr | 0.0% |
| 4 bedroom | $1,390 | $1,251 to $1,529 | $55,600 | $26.73/hr | -0.6% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,599 | $1,439 to $1,759 |
| 6 bedroom Estimate | $1,807 | $1,626 to $1,988 |
| 7 bedroom Estimate | $2,016 | $1,814 to $2,218 |
| 8 bedroom Estimate | $2,224 | $2,002 to $2,446 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Caswell, that runs from $743 for a studio up to $1,390 for four bedrooms, all five rates in the table above.
Because Caswell sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Blanch included.
Among North Carolina's 100 counties, Caswell ranks 76th for two-bedroom FMR. That's about 15% below the state median of $1,086 and about 9% below the national median county at $1,018. About 22,747 people live here, 75th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $940 in 27311 (Pelham) and $1,690 in 27314 (Prospect Hill), with the 7 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Caswell somewhere between $833 and $1,018. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$925 a month is affordable, by HUD's 30% rule, on an income of roughly $37,000 a year. Put another way, $18 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($833) | HAP at 100% ($925) | HAP at 110% ($1,018) |
|---|---|---|---|---|
| $2,500 | $750 | $83 | $175 | $268 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 1% from FY 2025 ($930) to FY 2026 ($925). Since FY 2020 it's up 38% in total, about 5.5% a year. The North Carolina median moved up 4% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $573 | $589 | $671 | $890 | $985 | — |
| FY 2021 | $589 | $608 | $693 | $910 | $996 | +3.3% |
| FY 2022 | $589 | $635 | $724 | $996 | $1,036 | +4.5% |
| FY 2023 | $635 | $676 | $771 | $1,080 | $1,131 | +6.5% |
| FY 2024 | $713 | $759 | $856 | $1,206 | $1,305 | +11.0% |
| FY 2025 | $780 | $826 | $930 | $1,270 | $1,398 | +8.6% |
| FY 2026 | $743 | $748 | $925 | $1,270 | $1,390 | -0.5% |
| FY 2027 | $771 | $776 | $1,012 | $1,316 | $1,531 | +9.4% |
Nearby counties
Person County
$94816 mi · pop 39,131
Alamance County
$1,34827 mi · pop 171,779
Rockingham County
$1,04027 mi · pop 91,209
Orange County
$1,71132 mi · pop 145,919
Durham County
$1,71136 mi · pop 325,101
Guilford County
$1,33038 mi · pop 539,557
Granville County
$1,20042 mi · pop 61,161
Stokes County
$1,23251 mi · pop 44,696
Questions people ask
$925 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $743 for a studio, $748 for one bedroom, $1,270 for three and $1,390 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Caswell actually go for?
HUD's number is one input. Search any address in Caswell for a rent estimate built from nearby comps. 3 free searches, no card.
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