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Rent by ZIP · Rowan County

Rent in Spencer, NC 28159

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,290 (0% vs FY2026). Renters in this ZIP code pay a median $932 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,010$1,040-2.9%$909–1,111–
1 bedroom$1,030$1,050-1.9%$927–1,133$506 ±$127
2 bedrooms$1,290$1,2900%$1,161–1,419$900 ±$307
3 bedrooms$1,640$1,700-3.5%$1,476–1,804–
4 bedrooms$2,160$2,1600%$1,944–2,376–

Small Area FMRs for the Rowan County, 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 Rowan County, NC HUD Metro FMR Area, 2 bedrooms: $1,262.

What renters pay in 28159

Median gross rent$932±$303 · all sizes
Renter households43433% of occupied homes
No cash rent0households

How rents are spread

Under $1,00057%
$1,000–1,49928%
$1,500–1,99915%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
28160Spindale$1,010$696
28163Stanfield$1,010$770
28164Stanley$1,350$942
28152Shelby$1,040$858
28166Troutman$1,530$741
28167Union Mills$1,120–

Fair Market Rents across Rowan 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.