Gates County
FY 2026 HUD Fair Market Rents in North Carolina. Population: 10,509.
Fair Market Rents (2026)
Studio
National avg: $893
$1,489/mo
↑ 39.3% YoY
+67% vs US
1 Bedroom
National avg: $959
$1,513/mo
↑ 40.2% YoY
+58% vs US
2 Bedroom
National avg: $1,175
$1,709/mo
↑ 38.9% YoY
+45% vs US
3 Bedroom
National avg: $1,525
$2,364/mo
↑ 43.0% YoY
+55% vs US
4 Bedroom
National avg: $1,756
$2,794/mo
↑ 37.1% YoY
+59% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,069 | $1,489 | +$420 (+39.3%) |
| 1 Bedroom | $1,079 | $1,513 | +$434 (+40.2%) |
| 2 Bedroom | $1,230 | $1,709 | +$479 (+38.9%) |
| 3 Bedroom | $1,653 | $2,364 | +$711 (+43.0%) |
| 4 Bedroom | $2,038 | $2,794 | +$756 (+37.1%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$60,520
$5,043/month gross
Required annual income for 2 BR
$68,360
$5,697/month gross
Other Counties in North Carolina
Greene County
1 BR: $823/mo
Washington County
1 BR: $744/mo
Franklin County
1 BR: $1,596/mo
Alexander County
1 BR: $908/mo
Mitchell County
1 BR: $705/mo
Gaston County
1 BR: $1,538/mo
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.