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Fair Market Rent · North Carolina

Fair Market Rent in Iredell County, NC

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$1,260studio
$1,3131 bedroom
$1,4292 bedrooms
$1,8973 bedrooms
$2,3894 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Iredell County is $1,429 a month, +6.6% from FY2026. Iredell County is part of the Iredell County, NC HUD Metro FMR Area (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

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$1,260$1,167+8%$1,134–1,386
1 bedroom$1,313$1,222+7.4%$1,182–1,444
2 bedrooms$1,429$1,340+6.6%$1,286–1,572
3 bedrooms$1,897$1,809+4.9%$1,707–2,087
4 bedrooms$2,389$2,248+6.3%$2,150–2,628

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 Iredell County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
28115Mooresville$1,490$1,088$1,339
28117Mooresville$2,140$1,709$1,698
28166Troutman$1,530$741$1,205
28625Statesville$1,160$1,039$1,037
28634Harmony$1,060$665$982
28660Olin$1,210–$1,073
28677Statesville$1,210$849$887
28678Stony Point$1,210$816$913
28689Union Grove$1,080$1,043$900

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.