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Rent by ZIP · Union County

Rent in Monroe, NC 28112

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,360 (+6.3% vs FY2026). Renters in this ZIP code pay a median $1,155 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,200$1,120+7.1%$1,080–1,320–
1 bedroom$1,250$1,170+6.8%$1,125–1,375$1,037 ±$521
2 bedrooms$1,360$1,280+6.3%$1,224–1,496$1,071 ±$67
3 bedrooms$1,660$1,580+5.1%$1,494–1,826$1,329 ±$96
4 bedrooms$2,110$2,000+5.5%$1,899–2,321$1,569 ±$393

Small Area FMRs for the Charlotte-Concord-Gastonia, NC-SC 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 Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area, 2 bedrooms: $1,785.

What renters pay in 28112

Median gross rent$1,155±$57 · all sizes
Renter households2,91128% of occupied homes
No cash rent231households

How rents are spread

Under $1,00031%
$1,000–1,49949%
$1,500–1,99915%
$2,000–2,4994%
$2,500–2,9990%
$3,000–3,4990%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
28110Monroe$1,620$1,182
28114Mooresboro$1,010$992
28109Misenheimer$1,280–
28115Mooresville$1,490$1,088
28107Midland$1,440$976
28117Mooresville$2,140$1,709

Fair Market Rents across Union 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.