HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Hyde County, North Carolina (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Hyde County is $940 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$940
FY 2026, utilities included
Payment standard range
$846 to $1,034
90% to 110% of FMR
Income to afford 2BR
$37,600
per year, at 30% of income
Rank in North Carolina
70th of 100
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Hyde moves to $1,012. That's up 8%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Hyde actually rent for?
Search any address in Hyde 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 | $751 | $676 to $826 | $30,040 | $14.44/hr | -1.8% |
| 1 bedroom | $756 | $680 to $832 | $30,240 | $14.54/hr | -1.8% |
| 2 bedroom | $940 | $846 to $1,034 | $37,600 | $18.08/hr | -1.7% |
| 3 bedroom | $1,204 | $1,084 to $1,324 | $48,160 | $23.15/hr | -1.7% |
| 4 bedroom | $1,413 | $1,272 to $1,554 | $56,520 | $27.17/hr | -1.7% |
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 | $1,625 | $1,463 to $1,788 |
| 6 bedroom Estimate | $1,837 | $1,653 to $2,021 |
| 7 bedroom Estimate | $2,049 | $1,844 to $2,254 |
| 8 bedroom Estimate | $2,261 | $2,035 to $2,487 |
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 Hyde, that runs from $751 for a studio up to $1,413 for four bedrooms, all five rates in the table above.
Because Hyde 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, Engelhard included.
Among North Carolina's 100 counties, Hyde ranks 70th for two-bedroom FMR. That's about 13% below the state median of $1,086 and about 8% below the national median county at $1,018. About 4,636 people live here, 99th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $930 in 27824 (Engelhard) and $1,840 in 27960 (Ocracoke), with the 5 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 Hyde somewhere between $846 and $1,034. 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.
$940 a month is affordable, by HUD's 30% rule, on an income of roughly $37,600 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% ($846) | HAP at 100% ($940) | HAP at 110% ($1,034) |
|---|---|---|---|---|
| $2,500 | $750 | $96 | $190 | $284 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 2% from FY 2025 ($956) to FY 2026 ($940). Since FY 2020 it's up 15% in total, about 2.3% 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 | $659 | $663 | $818 | $1,025 | $1,301 | — |
| FY 2021 | $594 | $597 | $737 | $923 | $1,171 | -9.9% |
| FY 2022 | $587 | $591 | $739 | $956 | $1,167 | +0.3% |
| FY 2023 | $629 | $633 | $786 | $1,011 | $1,232 | +6.4% |
| FY 2024 | $705 | $710 | $879 | $1,124 | $1,340 | +11.8% |
| FY 2025 | $765 | $770 | $956 | $1,225 | $1,437 | +8.8% |
| FY 2026 | $751 | $756 | $940 | $1,204 | $1,413 | -1.7% |
| FY 2027 | $811 | $817 | $1,012 | $1,291 | $1,531 | +7.7% |
Nearby counties
Questions people ask
$940 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $751 for a studio, $756 for one bedroom, $1,204 for three and $1,413 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 Hyde actually go for?
HUD's number is one input. Search any address in Hyde for a rent estimate built from nearby comps. 3 free searches, no card.
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