Fair Market Rent · North Carolina
Fair Market Rent in Franklin 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 Franklin County is $1,689 a month, -3.5% from FY2026. Franklin County is part of the Raleigh-Cary, 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 | $1,489 | $1,524 | -2.3% | $1,340–1,638 |
| 1 bedroom | $1,552 | $1,596 | -2.8% | $1,397–1,707 |
| 2 bedrooms | $1,689 | $1,750 | -3.5% | $1,520–1,858 |
| 3 bedrooms | $2,103 | $2,196 | -4.2% | $1,893–2,313 |
| 4 bedrooms | $2,823 | $2,936 | -3.8% | $2,541–3,105 |
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 Franklin County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
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.