Fair Market Rent · North Carolina
Fair Market Rent in Buncombe County, NC
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Buncombe County is $1,866 a month, +1.7% from FY2026. Buncombe County is part of the Asheville, NC MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,482 | $1,436 | +3.2% | $1,334–1,630 |
| 1 bedroom | $1,714 | $1,674 | +2.4% | $1,543–1,885 |
| 2 bedrooms | $1,866 | $1,835 | +1.7% | $1,679–2,053 |
| 3 bedrooms | $2,223 | $2,231 | -0.4% | $2,001–2,445 |
| 4 bedrooms | $3,109 | $3,078 | +1% | $2,798–3,420 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Buncombe County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 28701 | Alexander | $1,660 | $1,008 | $1,128 |
| 28704 | Arden | $2,070 | $1,456 | $1,400 |
| 28709 | Barnardsville | $2,170 | – | – |
| 28711 | Black Mountain | $1,810 | $1,263 | $1,567 |
| 28715 | Candler | $1,820 | $1,211 | $1,216 |
| 28730 | Fairview | $1,700 | – | $1,197 |
| 28748 | Leicester | $1,670 | $916 | $1,187 |
| 28757 | Montreat | $1,660 | – | – |
| 28770 | Ridgecrest | $1,770 | – | – |
| 28778 | Swannanoa | $1,660 | $996 | $994 |
| 28787 | Weaverville | $1,820 | $1,404 | $1,328 |
| 28801 | Asheville | $1,960 | $1,471 | $1,232 |
| 28803 | Asheville | $2,190 | $1,695 | $1,556 |
| 28804 | Asheville | $2,140 | $1,594 | $1,492 |
| 28805 | Asheville | $1,890 | $1,338 | $1,347 |
| 28806 | Asheville | $1,850 | $1,183 | $1,239 |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.