HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Perquimans County, North Carolina (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Perquimans County is $999 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$999
FY 2026, utilities included
Payment standard range
$899 to $1,099
90% to 110% of FMR
Income to afford 2BR
$39,960
per year, at 30% of income
Rank in North Carolina
58th of 100
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Perquimans moves to $1,040. That's up 4%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Perquimans actually rent for?
Search any address in Perquimans 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 | $799 | $719 to $879 | $31,960 | $15.37/hr | +6.1% |
| 1 bedroom | $804 | $724 to $884 | $32,160 | $15.46/hr | +6.1% |
| 2 bedroom | $999 | $899 to $1,099 | $39,960 | $19.21/hr | +0.5% |
| 3 bedroom | $1,382 | $1,244 to $1,520 | $55,280 | $26.58/hr | -0.8% |
| 4 bedroom | $1,387 | $1,248 to $1,526 | $55,480 | $26.67/hr | -2.0% |
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 | $1,595 | $1,436 to $1,755 |
| 6 bedroom Estimate | $1,803 | $1,623 to $1,983 |
| 7 bedroom Estimate | $2,011 | $1,810 to $2,212 |
| 8 bedroom Estimate | $2,219 | $1,997 to $2,441 |
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 Perquimans, that runs from $799 for a studio up to $1,387 for four bedrooms, all five rates in the table above.
Because Perquimans 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, Hertford included.
Among North Carolina's 100 counties, Perquimans ranks 58th for two-bedroom FMR. That's about 8% below the state median of $1,086 and within a couple percent of the national median county at $1,018. About 13,053 people live here, 90th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,030 in 27944 (Hertford) and $1,110 in 27919 (Belvidere), with the 3 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 Perquimans somewhere between $899 and $1,099. 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.
$999 a month is affordable, by HUD's 30% rule, on an income of roughly $39,960 a year. Put another way, $19 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% ($899) | HAP at 100% ($999) | HAP at 110% ($1,099) |
|---|---|---|---|---|
| $2,500 | $750 | $149 | $249 | $349 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 1% from FY 2025 ($994) to FY 2026 ($999). Since FY 2020 it's up 22% in total, about 3.3% 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 | $657 | $661 | $820 | $1,022 | $1,304 | — |
| FY 2021 | $656 | $660 | $825 | $1,049 | $1,323 | +0.6% |
| FY 2022 | $651 | $655 | $862 | $1,175 | $1,475 | +4.5% |
| FY 2023 | $683 | $688 | $905 | $1,286 | $1,542 | +5.0% |
| FY 2024 | $794 | $816 | $953 | $1,343 | $1,430 | +5.3% |
| FY 2025 | $753 | $758 | $994 | $1,393 | $1,415 | +4.3% |
| FY 2026 | $799 | $804 | $999 | $1,382 | $1,387 | +0.5% |
| FY 2027 | $790 | $795 | $1,040 | $1,440 | $1,539 | +4.1% |
Nearby counties
Chowan County
$1,22010 mi · pop 13,835
Pasquotank County
$1,21613 mi · pop 40,454
Camden County
$1,28719 mi · pop 10,547
Gates County
$1,70921 mi · pop 10,509
Tyrrell County
$92525 mi · pop 3,389
Washington County
$92525 mi · pop 11,051
Hertford County
$92529 mi · pop 21,633
Currituck County
$1,71330 mi · pop 28,616
Questions people ask
$999 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $799 for a studio, $804 for one bedroom, $1,382 for three and $1,387 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 Perquimans actually go for?
HUD's number is one input. Search any address in Perquimans for a rent estimate built from nearby comps. 3 free searches, no card.
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