Rent comparison · HUD FY2026

Franklin County vs Wake County

How do Franklin County and Wake County rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.

$1,596
Franklin County (1BR)
$1,596
Wake County (1BR)
+0%
1BR difference

Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).

County
Franklin County
$1,596/mo 1BR
Population: 69,680
County
Wake County
$1,596/mo 1BR
Population: 1,132,103

A 1-bedroom in Franklin County and Wake County are priced at the same Fair Market Rent ($1,596 each). The two areas may differ at other bedroom counts — see the table below for the full studio-through-4BR comparison. Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.

How Do Rents Compare By Bedroom?

Bedrooms Franklin County Wake County Difference
Studio $1,524 $1,524 Same
1 Bedroom $1,596 $1,596 Same
2 Bedroom $1,750 $1,750 Same
3 Bedroom $2,196 $2,196 Same
4 Bedroom $2,936 $2,936 Same

vs US National Average

National average 1BR: $959. Franklin County is 66% above the US average. Wake County is 66% above.

Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).