Rent by ZIP · Burke County
Rent in Valdese, NC 28690
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,200 (+10.1% vs FY2026). Renters in this ZIP code pay a median $810 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,010 | $850 | +18.8% | $909–1,111 | – |
| 1 bedroom | $1,010 | $900 | +12.2% | $909–1,111 | – |
| 2 bedrooms | $1,200 | $1,090 | +10.1% | $1,080–1,320 | $874 ±$296 |
| 3 bedrooms | $1,460 | $1,370 | +6.6% | $1,314–1,606 | $747 ±$367 |
| 4 bedrooms | $1,790 | $1,650 | +8.5% | $1,611–1,969 | – |
Small Area FMRs for the Hickory-Lenoir-Morganton, NC MSA. 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 Hickory-Lenoir-Morganton, NC MSA, 2 bedrooms: $1,147.
What renters pay in 28690
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 |
|---|---|---|---|
| 28689 | Union Grove | $1,080 | $1,043 |
| 28692 | Vilas | $1,200 | $966 |
| 28693 | Warrensville | $1,220 | – |
| 28694 | West Jefferson | $1,010 | $744 |
| 28685 | Traphill | $1,030 | – |
| 28684 | Todd | $1,500 | – |
Fair Market Rents across Burke 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.