HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Granville County, North Carolina (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Granville County is $1,200 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,200
FY 2026, utilities included
Payment standard range
$1,080 to $1,320
90% to 110% of FMR
Income to afford 2BR
$48,000
per year, at 30% of income
Rank in North Carolina
34th of 100
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Granville moves to $1,213. That's up 1%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Granville actually rent for?
Search any address in Granville 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 | $1,026 | $923 to $1,129 | $41,040 | $19.73/hr | -10.0% |
| 1 bedroom | $1,084 | $976 to $1,192 | $43,360 | $20.85/hr | -10.0% |
| 2 bedroom | $1,200 | $1,080 to $1,320 | $48,000 | $23.08/hr | -10.0% |
| 3 bedroom | $1,571 | $1,414 to $1,728 | $62,840 | $30.21/hr | -10.0% |
| 4 bedroom | $1,700 | $1,530 to $1,870 | $68,000 | $32.69/hr | -10.0% |
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 | $1,955 | $1,760 to $2,151 |
| 6 bedroom Estimate | $2,210 | $1,989 to $2,431 |
| 7 bedroom Estimate | $2,465 | $2,219 to $2,712 |
| 8 bedroom Estimate | $2,720 | $2,448 to $2,992 |
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 Granville, that runs from $1,026 for a studio up to $1,700 for four bedrooms, all five rates in the table above.
Because Granville 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, Clayton included.
Among North Carolina's 100 counties, Granville ranks 34th for two-bedroom FMR. That's about 10% above the state median of $1,086 and about 18% above the national median county at $1,018. About 61,161 people live here, 46th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,200 in 27507 (Bullock) and $1,910 in 27527 (Clayton), with the 9 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 Granville somewhere between $1,080 and $1,320. 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.
$1,200 a month is affordable, by HUD's 30% rule, on an income of roughly $48,000 a year. Put another way, $23 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% ($1,080) | HAP at 100% ($1,200) | HAP at 110% ($1,320) |
|---|---|---|---|---|
| $2,500 | $750 | $330 | $450 | $570 |
| $4,000 | $1,200 | $0 | $0 | $120 |
Rate history
The two-bedroom rate went down 10% from FY 2025 ($1,333) to FY 2026 ($1,200). Since FY 2020 it's up 47% in total, about 6.6% 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 | $617 | $621 | $818 | $1,019 | $1,255 | — |
| FY 2021 | $626 | $630 | $830 | $1,032 | $1,277 | +1.5% |
| FY 2022 | $666 | $670 | $863 | $1,093 | $1,349 | +4.0% |
| FY 2023 | $865 | $870 | $1,012 | $1,318 | $1,551 | +17.3% |
| FY 2024 | $1,013 | $1,040 | $1,168 | $1,579 | $1,739 | +15.4% |
| FY 2025 | $1,140 | $1,204 | $1,333 | $1,745 | $1,888 | +14.1% |
| FY 2026 | $1,026 | $1,084 | $1,200 | $1,571 | $1,700 | -10.0% |
| FY 2027 | $1,036 | $1,114 | $1,213 | $1,465 | $1,835 | +1.1% |
Nearby counties
Questions people ask
$1,200 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,026 for a studio, $1,084 for one bedroom, $1,571 for three and $1,700 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 Granville actually go for?
HUD's number is one input. Search any address in Granville for a rent estimate built from nearby comps. 3 free searches, no card.
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