PlainRent

Iredell County

FY 2026 HUD Fair Market Rents in North Carolina. Population: 187,839.

Fair Market Rents (2026)

Studio
National avg: $893
$1,167/mo
↓ 3.2% YoY +31% vs US
1 Bedroom
National avg: $959
$1,222/mo
↓ 2.5% YoY +27% vs US
2 Bedroom
National avg: $1,175
$1,340/mo
↓ 3.4% YoY +14% vs US
3 Bedroom
National avg: $1,525
$1,809/mo
↓ 5.2% YoY +19% vs US
4 Bedroom
National avg: $1,756
$2,248/mo
↓ 3.5% YoY +28% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $1,206 $1,167 $-39 (-3.2%)
1 Bedroom $1,253 $1,222 $-31 (-2.5%)
2 Bedroom $1,387 $1,340 $-47 (-3.4%)
3 Bedroom $1,908 $1,809 $-99 (-5.2%)
4 Bedroom $2,329 $2,248 $-81 (-3.5%)

Affordability Snapshot

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

Required annual income for 1 BR
$48,880
$4,073/month gross
Required annual income for 2 BR
$53,600
$4,467/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.