PlainRent

Chowan County

FY 2026 HUD Fair Market Rents in North Carolina. Population: 13,835.

Fair Market Rents (2026)

Studio
National avg: $893
$924/mo
↑ 8.2% YoY +3% vs US
1 Bedroom
National avg: $959
$930/mo
↑ 8.1% YoY -3% vs US
2 Bedroom
National avg: $1,175
$1,220/mo
↑ 8.2% YoY +4% vs US
3 Bedroom
National avg: $1,525
$1,463/mo
↑ 7.6% YoY -4% vs US
4 Bedroom
National avg: $1,756
$1,615/mo
↓ 4.8% YoY -8% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $854 $924 +$70 (+8.2%)
1 Bedroom $860 $930 +$70 (+8.1%)
2 Bedroom $1,128 $1,220 +$92 (+8.2%)
3 Bedroom $1,360 $1,463 +$103 (+7.6%)
4 Bedroom $1,696 $1,615 $-81 (-4.8%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$37,200
$3,100/month gross
Required annual income for 2 BR
$48,800
$4,067/month gross

Other Counties in North Carolina

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.