County FMR · HUD FY2026

Person County Fair Market Rent

HUD's FY2026 Fair Market Rent for Person County, NC - 22% below the US average.

$744
1-bedroom FMR
$948
2-bedroom FMR
-6.4%
YoY change
-22%
vs US avg

The verdict

Person is the 32nd cheapest of 100 counties in North Carolina by 2-bedroom FMR; rent here has fallen 6.4% since FY 2025, a modest shift relative to most counties.

#32
cheapest of 100 in North Carolina (2BR)
-24%
vs the state average
$29,760
income to afford it (30% rule)
-6.4%
YoY, FY2025→2026

Software Developers spend the smallest share of income on rent here (6.8%), while Teaching Assistants, Except Postsecondary spend the most (31.6%); 13 of 15 common occupations here can afford a 1-bedroom at Fair Market Rent without exceeding the 30% threshold.

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

The Fair Market Rent for a 1-bedroom apartment in Person County, North Carolina is $744 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $948/mo and a studio is $739/mo. This is 22% lower than the national average of $959 and 24% below the North Carolina average of $981.

Rent decreased6.4% from FY 2025 ($795), declining against the trend. To afford rent here, a household needs at least $29,760/year based on the 30% affordability rule.

FY 2026 HUD Fair Market Rents in North Carolina. Population: 39,131. Population has held roughly steady over the past five years (-0.1%, Census ACS). That's slower than North Carolina's statewide growth of +4.2% over the same period.

What these rents mean for Person County

The Person 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 22% below the US average of $959 and 24% lower than the North Carolina state average of $981. Year-over-year, the 1-bedroom FMR moved from$795 in FY 2025 to $744 in FY 2026 - a change of -6.4%, which is unusual and suggests softening demand or revised HUD sampling.

At the FY 2026 1-bedroom FMR of $744, affording it under the 30%-of-income rule takes $29,760 per year (about $2,480/month) in household income, and a 2-bedroom at $948 pushes that threshold even higher. With a population of 39,131 and a county median household income of $64,927, 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
$739/mo
↓ 6.5% YoY -21% vs state -17% vs US
1 Bedroom
State avg: $981 · US avg: $959
$744/mo
↓ 6.4% YoY -24% vs state -22% vs US
2 Bedroom
State avg: $1,161 · US avg: $1,175
$948/mo
↓ 8.1% YoY -18% vs state -19% vs US
3 Bedroom
State avg: $1,499 · US avg: $1,525
$1,318/mo
↓ 8.8% YoY -12% vs state -14% vs US
4 Bedroom
State avg: $1,780 · US avg: $1,756
$1,377/mo
↓ 7.1% YoY -23% vs state -22% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $790
$739
$-51 (-6.5%)
1 Bedroom $795
$744
$-51 (-6.4%)
2 Bedroom $1,031
$948
$-83 (-8.1%)
3 Bedroom $1,445
$1,318
$-127 (-8.8%)
4 Bedroom $1,483
$1,377
$-106 (-7.1%)

Affordability Snapshot

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

Required annual income for 1 BR
$29,760
$2,480/month gross
Required annual income for 2 BR
$37,920
$3,160/month gross

Rent Burden Analysis

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

Studio
13.7%
Affordable
Need $29,560/yr for 30% rule
1 Bedroom
13.8%
Affordable
Need $29,760/yr for 30% rule
2 Bedroom
17.5%
Affordable
Need $37,920/yr for 30% rule
3 Bedroom
24.4%
Affordable
Need $52,720/yr for 30% rule
4 Bedroom
25.5%
Affordable
Need $55,080/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.

Person County 2-bedroom rent burden

0%100%National avg22%17.5%
Person County 2-bedroom rent burden
County median income: $64,927 · National avg burden: 21.7% ·View North Carolina rent burden →

Where Person sits among every US county

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

$948 higher than 25% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). This entry sits in this band. $1,000–$1,200: 723 counties (23%). Above this entry. $1,200–$1,400: 417 counties (13%). Above this entry. $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 Person compares on 1-bedroom rent

1-bedroom FMR vs other North Carolina counties

1BR FMR / mo

What this shows Person 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), Forsyth County ($1,082), Person County (this county) ($744).

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

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $744/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 6.8% Affordable
General & Operations Managers $99,190 9% Affordable
Registered Nurses $81,860 10.9% Affordable
Accountants & Auditors $80,490 11.1% Affordable
Police & Sheriff's Patrol Officers $58,030 15.4% Affordable
Electricians $54,070 16.5% Affordable
Heavy & Tractor-Trailer Truck Drivers $49,580 18% Affordable
Elementary School Teachers $49,400 18.1% Affordable
Paralegals & Legal Assistants $49,390 18.1% Affordable
Pharmacy Technicians $39,870 22.4% Affordable
Customer Service Representatives $39,530 22.6% Affordable
Janitors & Cleaners $32,630 27.4% Affordable
Retail Salespersons $30,090 29.7% Affordable
Fast Food & Counter Workers $28,760 31% Stretched
Teaching Assistants $28,230 31.6% Stretched
Salaries: BLS OES (North Carolina) median · 30% = affordable threshold · Try the salary calculator →

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

Over the 6-year span HUD has tracked for Person (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 35.5% overall, from $549 to $744. Most of that movement was gradual except for a single sharp jump of +12.8% in FY 2024, well above this county's typical year-to-year change.

$500$600$700$800$900 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $744
Person County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↓6.4% $739 $744 $948
FY 2025 ↑10.1% $790 $795 $1,031
FY 2024 ↑12.8% $718 $722 $949
FY 2023 ↑7.9% $636 $640 $843
FY 2022 ↑3.3% $589 $593 $780
FY 2021 ↑4.6% $571 $574 $757
FY 2020 $545 $549 $723
Total change (6yr): +35.5%
Annualized: +5.2%/yr
1 BR: $549 → $744

Part of the Durham-Chapel Hill, NC Metro Area

Person County is a outlying county of the Durham-Chapel Hill, NC metropolitan statistical area, alongside 3 other metro-area counties.

Person County ranks #4 of 4 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Durham County ($1,507), Orange County ($1,507), Chatham County ($1,507), Person County (this county) ($744).

Nearby Counties in North Carolina

Largest counties by population in North Carolina

Frequently Asked Questions

What is the average rent in Person County?
The FY 2026 Fair Market Rent for a 1-bedroom in Person County is $744 per month. A 2-bedroom is $948 and a studio is $739.
How does Person County rent compare to the national average?
Rent in Person County is 22% below the national average. A 1-bedroom here costs $744 compared to $959 nationally.
What income do I need to afford rent in Person County?
Based on the 30% affordability rule, you need an annual income of at least $29,760 ($2,480/month) to afford a 1-bedroom at Fair Market Rent in Person County.
Is rent going up or down in Person County?
The 1-bedroom Fair Market Rent in Person County decreased by 6.4% from FY 2025 to FY 2026, going from $795 to $744.
Which jobs can afford rent in Person 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 $744/mo. 13 of 15 common occupations are affordable here.
How much has rent changed in Person County over time?
The 1-bedroom Fair Market Rent in Person County went from $549 in FY 2020 to $744 in FY 2026, a total change of +35.5% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Person County?
In Person County, the FY 2026 FMR of $744/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 Person County?
For Person County, it's the specific 40th-percentile rent HUD publishes each year ($744/mo for a 1-bedroom in FY 2026).

What this means for renters

Treat Person'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 $744 implies about $29,760/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 Person 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.