Fair Market Rent in Watauga County, NC

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

$916studio

$1,1241 bedroom

$1,3112 bedrooms

$1,7373 bedrooms

$2,1914 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Watauga County is $1,311 a month, +11.4% from FY2026. Watauga County is part of the Watauga County, NC (a non-metro county 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	$916	$822	+11.4%	$824–1,008
1 bedroom	$1,124	$988	+13.8%	$1,012–1,236
2 bedrooms	$1,311	$1,177	+11.4%	$1,180–1,442
3 bedrooms	$1,737	$1,504	+15.5%	$1,563–1,911
4 bedrooms	$2,191	$1,974	+11%	$1,972–2,410

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 Watauga 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
28604	Banner Elk	$1,170	$1,040	$991
28605	Blowing Rock	$1,330	$1,121	$1,112
28607	Boone	$1,340	$1,209	$1,152
28618	Deep Gap	$1,320	$1,246	$1,250
28679	Sugar Grove	$1,230	$864	$1,014
28692	Vilas	$1,200	$966	$958
28698	Zionville	$1,060	–	$713

Check a rent All of North Carolina

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.