Rent by ZIP · Orange County
Rent in Chapel Hill, NC 27516
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,750 (+2.3% vs FY2026). Renters in this ZIP code pay a median $1,564 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,500 | $1,420 | +5.6% | $1,350–1,650 | $1,335 ±$782 |
| 1 bedroom | $1,560 | $1,510 | +3.3% | $1,404–1,716 | $876 ±$473 |
| 2 bedrooms | $1,750 | $1,710 | +2.3% | $1,575–1,925 | $1,472 ±$78 |
| 3 bedrooms | $2,170 | $2,120 | +2.4% | $1,953–2,387 | $1,884 ±$179 |
| 4 bedrooms | $2,490 | $2,530 | -1.6% | $2,241–2,739 | $2,067 ±$702 |
Small Area FMRs for the Durham-Chapel Hill, NC HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Durham-Chapel Hill, NC HUD Metro FMR Area, 2 bedrooms: $1,745.
What renters pay in 27516
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 27517 | Chapel Hill | $1,890 | $1,704 |
| 27514 | Chapel Hill | $1,980 | $1,703 |
| 27518 | Cary | $1,800 | $1,741 |
| 27513 | Cary | $1,840 | $1,646 |
| 27519 | Cary | $2,140 | $1,834 |
| 27520 | Clayton | $1,640 | $1,425 |
Fair Market Rents across Orange County, NC · All NC counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.