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Rent by ZIP · Watauga County

Rent in Boone, NC 28607

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,340 (+3.9% vs FY2026). Renters in this ZIP code pay a median $1,152 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$940$900+4.4%$846–1,034$905 ±$321
1 bedroom$1,150$1,080+6.5%$1,035–1,265$908 ±$66
2 bedrooms$1,340$1,290+3.9%$1,206–1,474$1,209 ±$128
3 bedrooms$1,780$1,650+7.9%$1,602–1,958$1,395 ±$137
4 bedrooms$2,240$2,160+3.7%$2,016–2,464$2,162 ±$287

Small Area FMRs for the Watauga County, NC. This ZIP code is in more than one HUD area; figures are for the main one. 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 Watauga County, NC, 2 bedrooms: $1,311.

What renters pay in 28607

Median gross rent$1,152±$113 · all sizes
Renter households6,26850% of occupied homes
No cash rent398households

How rents are spread

Under $1,00041%
$1,000–1,49933%
$1,500–1,99915%
$2,000–2,4997%
$2,500–2,9993%
$3,000–3,4991%
$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
28606Boomer$1,070–
28605Blowing Rock$1,330$1,121
28609Catawba$1,520$1,359
28604Banner Elk$1,170$1,040
28610Claremont$1,170$844
28602Hickory$1,250$964

Fair Market Rents across Watauga 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.