County FMR · HUD FY2026

Granville County Fair Market Rent

HUD's FY2026 Fair Market Rent for Granville County, NC - 13% above the US average.

$1,084
1-bedroom FMR
$1,200
2-bedroom FMR
-10.0%
YoY change
+13%
vs US avg

The verdict

Granville is the 34th most expensive of 100 counties in North Carolina by 2-bedroom FMR; rent here has fallen 10.0% since FY 2025, a modest shift relative to most counties.

#34
most expensive of 100 in North Carolina (2BR)
+10%
vs the state average
$43,360
income to afford it (30% rule)
-10.0%
YoY, FY2025→2026

Software Developers spend the smallest share of income on rent here (9.9%), while Teaching Assistants, Except Postsecondary spend the most (46.1%).

FY 2026 HUD Fair Market Rent for Granville County, NC. Verify with HUD →

The Fair Market Rent for a 1-bedroom apartment in Granville County, North Carolina is $1,084 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,200/mo and a studio is $1,026/mo. This is 13% higher than the national average of $959 and 10% above the North Carolina average of $981.

Rent decreased10.0% from FY 2025 ($1,204), declining against the trend. To afford rent here, a household needs at least $43,360/year based on the 30% affordability rule.

FY 2026 HUD Fair Market Rents in North Carolina. Population: 61,161. Population has held roughly steady over the past five years (+4.4%, Census ACS). That's in line with North Carolina's statewide growth of +4.2% over the same period.

What these rents mean for Granville County

The Granville County FMR area applies to all ZIP codes inside the county boundary, and North Carolina's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.

Compared to the rest of the country, a 1-bedroom here is 13% above the US average of $959 and 10% higher than the North Carolina state average of $981. Year-over-year, the 1-bedroom FMR moved from$1,204 in FY 2025 to $1,084 in FY 2026 - a change of -10.0%, which is unusual and suggests softening demand or revised HUD sampling.

At the FY 2026 1-bedroom FMR of $1,084, affording it under the 30%-of-income rule takes $43,360 per year (about $3,613/month) in household income, and a 2-bedroom at $1,200 pushes that threshold even higher. With a population of 61,161 and a county median household income of $70,975, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.

Fair Market Rents (2026)

Studio
State avg: $932 · US avg: $893
$1,026/mo
↓ 10.0% YoY +10% vs state +15% vs US
1 Bedroom
State avg: $981 · US avg: $959
$1,084/mo
↓ 10.0% YoY +10% vs state +13% vs US
2 Bedroom
State avg: $1,161 · US avg: $1,175
$1,200/mo
↓ 10.0% YoY +3% vs state +2% vs US
3 Bedroom
State avg: $1,499 · US avg: $1,525
$1,571/mo
↓ 10.0% YoY +5% vs state +3% vs US
4 Bedroom
State avg: $1,780 · US avg: $1,756
$1,700/mo
↓ 10.0% YoY -4% vs state -3% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $1,140
$1,026
$-114 (-10.0%)
1 Bedroom $1,204
$1,084
$-120 (-10.0%)
2 Bedroom $1,333
$1,200
$-133 (-10.0%)
3 Bedroom $1,745
$1,571
$-174 (-10.0%)
4 Bedroom $1,888
$1,700
$-188 (-10.0%)

Affordability Snapshot

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

Required annual income for 1 BR
$43,360
$3,613/month gross
Required annual income for 2 BR
$48,000
$4,000/month gross

Rent Burden Analysis

How much of household income goes to rent in Granville County. The 30% threshold indicates cost burden.

Studio
17.3%
Affordable
Need $41,040/yr for 30% rule
1 Bedroom
18.3%
Affordable
Need $43,360/yr for 30% rule
2 Bedroom
20.3%
Affordable
Need $48,000/yr for 30% rule
3 Bedroom
26.6%
Affordable
Need $62,840/yr for 30% rule
4 Bedroom
28.7%
Affordable
Need $68,000/yr for 30% rule
How we calculate this

Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.

Granville County 2-bedroom rent burden

0%100%National avg22%20.3%
Granville County 2-bedroom rent burden
County median income: $70,975 · National avg burden: 21.7% ·View North Carolina rent burden →

Where Granville sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$1,200 Top 32% higher than 68% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). Below this entry. $1,000–$1,200: 723 counties (23%). Below this entry. $1,200–$1,400: 417 counties (13%). This entry sits in this band. $1,400–$1,600: 181 counties (6%). Above this entry. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

How Granville compares on 1-bedroom rent

1-bedroom FMR vs other North Carolina counties

1BR FMR / mo

What this shows Granville is highlighted. Nearby North Carolina counties by 1-bedroom FMR, highest to lowest: Wake County ($1,596), Mecklenburg County ($1,538), Durham County ($1,507), Guilford County ($1,213), Cumberland County ($1,113), Granville County (this county) ($1,084), Forsyth County ($1,082).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $1,084/mo compares to North Carolina salaries for popular occupations (BLS wage data, 30%-of-income rule).

Occupation NC Salary Rent Burden Verdict
Software Developers $131,000 9.9% Affordable
General & Operations Managers $99,190 13.1% Affordable
Registered Nurses $81,860 15.9% Affordable
Accountants & Auditors $80,490 16.2% Affordable
Police & Sheriff's Patrol Officers $58,030 22.4% Affordable
Electricians $54,070 24.1% Affordable
Heavy & Tractor-Trailer Truck Drivers $49,580 26.2% Affordable
Elementary School Teachers $49,400 26.3% Affordable
Paralegals & Legal Assistants $49,390 26.3% Affordable
Pharmacy Technicians $39,870 32.6% Stretched
Customer Service Representatives $39,530 32.9% Stretched
Janitors & Cleaners $32,630 39.9% Stretched
Retail Salespersons $30,090 43.2% Stretched
Fast Food & Counter Workers $28,760 45.2% Stretched
Teaching Assistants $28,230 46.1% Stretched
Salaries: BLS OES (North Carolina) median · 30% = affordable threshold · Try the salary calculator →

7-year Fair Market Rent history for Granville County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Granville (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 74.6% overall, from $621 to $1,084. The path there hasn't been smooth: year-over-year moves have swung by as much as 29.9% (FY 2023), a volatility pattern that makes single-year comparisons a poor guide to the underlying trend.

$400$600$800$1,000$1,200$1,400 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $1,084
Granville County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↓10.0% $1,026 $1,084 $1,200
FY 2025 ↑15.8% $1,140 $1,204 $1,333
FY 2024 ↑19.5% $1,013 $1,040 $1,168
FY 2023 ↑29.9% $865 $870 $1,012
FY 2022 ↑6.3% $666 $670 $863
FY 2021 ↑1.4% $626 $630 $830
FY 2020 $617 $621 $818
Total change (6yr): +74.6%
Annualized: +9.7%/yr
1 BR: $621 → $1,084

Where Granville County Ranks in North Carolina

Granville County is not part of any federally-designated metropolitan or micropolitan statistical area -- an independent rental market not administratively tied to a larger urban core. By 2-bedroom FMR, it ranks #67 of 100 counties in North Carolina. Nearest by rank: Nash County ($1,143), Transylvania County ($1,164), Pender County ($1,166), Onslow County ($1,173), Watauga County ($1,177), Craven County ($1,184), Rowan County ($1,196), Carteret County ($1,198), Granville County (this county) ($1,200), Pasquotank County ($1,216), Chowan County ($1,220), Haywood County ($1,230), Davie County ($1,232), Forsyth County ($1,232), Stokes County ($1,232), Yadkin County ($1,232), Wayne County ($1,244).

Nearby Counties in North Carolina

Largest counties by population in North Carolina

Frequently Asked Questions

What is the average rent in Granville County?
The FY 2026 Fair Market Rent for a 1-bedroom in Granville County is $1,084 per month. A 2-bedroom is $1,200 and a studio is $1,026.
How does Granville County rent compare to the national average?
Rent in Granville County is 13% above the national average. A 1-bedroom here costs $1,084 compared to $959 nationally.
What income do I need to afford rent in Granville County?
Based on the 30% affordability rule, you need an annual income of at least $43,360 ($3,613/month) to afford a 1-bedroom at Fair Market Rent in Granville County.
Is rent going up or down in Granville County?
The 1-bedroom Fair Market Rent in Granville County decreased by 10.0% from FY 2025 to FY 2026, going from $1,204 to $1,084.
Which jobs can afford rent in Granville County?
Based on North Carolina BLS salary data and the 30% affordability rule, jobs like Software Developers, General and Operations Managers, Registered Nurses can afford a 1-bedroom at $1,084/mo. 9 of 15 common occupations are affordable here.
How much has rent changed in Granville County over time?
The 1-bedroom Fair Market Rent in Granville County went from $621 in FY 2020 to $1,084 in FY 2026, a total change of +74.6% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Granville County?
In Granville County, the FY 2026 FMR of $1,084/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Granville County?
For Granville County, it's the specific 40th-percentile rent HUD publishes each year ($1,084/mo for a 1-bedroom in FY 2026).

What this means for renters

Treat Granville's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.

  • Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,084 implies about $43,360/yr to rent without being cost-burdened. Run your numbers
  • Compare this county against nearby metros and states before signing a lease. Compare areas
  • See where it sits on the national rent map. View rankings

Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Granville can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.