County FMR · HUD FY2026
Rowan County Fair Market Rent
HUD's FY2026 Fair Market Rent for Rowan County, NC - 0% below the US average.
- $958
- 1-bedroom FMR
- $1,196
- 2-bedroom FMR
- -8.8%
- YoY change
- -0%
- vs US avg
The verdict
Rowan is the 36th most expensive of 100 counties in North Carolina by 2-bedroom FMR; rent here has fallen 8.8% since FY 2025, a modest shift relative to most counties.
- #36
- most expensive of 100 in North Carolina (2BR)
- -2%
- vs the state average
- $38,320
- income to afford it (30% rule)
- -8.8%
- YoY, FY2025→2026
Software Developers spend the smallest share of income on rent here (8.8%), while Teaching Assistants, Except Postsecondary spend the most (40.7%).
FY 2026 HUD Fair Market Rent for Rowan County, NC. Verify with HUD →
HUD sets the FY 2026 1-bedroom Fair Market Rent for Rowan County, North Carolina at $958 per month - the federal rental-assistance benchmark for this county. A 2-bedroom costs $1,196/mo and a studio is $952/mo. This is 0% lower than the national average of $959 and 2% below the North Carolina average of $981.
Rent decreased8.8% from FY 2025 ($1,050), declining against the trend. To afford rent here, a household needs at least $38,320/year based on the 30% affordability rule.
FY 2026 HUD Fair Market Rents in North Carolina. Population: 147,067. Population grew 6.4% over the past five years (Census ACS) - among the faster-growing counties nationally, a trend that typically adds upward pressure on rents. That's faster than North Carolina's statewide growth of +4.2% over the same period.
What these rents mean for Rowan County
The Rowan 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.
Rowan County's 1-bedroom rent runs 0% below the US average of $959 and 2% lower than the North Carolina state average of $981. Over the past year, 1-bedroom rent here shifted from$1,050 in FY 2025 to $958 in FY 2026 - a change of -8.8%, which is unusual and suggests softening demand or revised HUD sampling.
At the FY 2026 1-bedroom FMR of $958, affording it under the 30%-of-income rule takes $38,320 per year (about $3,193/month) in household income, and a 2-bedroom at $1,196 pushes that threshold even higher. With a population of 147,067 and a county median household income of $63,196, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,044 | $952 | $-92 (-8.8%) |
| 1 Bedroom | $1,050 | $958 | $-92 (-8.8%) |
| 2 Bedroom | $1,285 | $1,196 | $-89 (-6.9%) |
| 3 Bedroom | $1,691 | $1,573 | $-118 (-7.0%) |
| 4 Bedroom | $2,158 | $2,006 | $-152 (-7.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Rent Burden Analysis
How much of household income goes to rent in Rowan County. The 30% threshold indicates cost burden.
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.
Rowan County 2-bedroom rent burden
Where Rowan sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,196 Top 32% higher than 68% of 3,145 counties
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 Rowan compares on 1-bedroom rent
1-bedroom FMR vs other North Carolina counties
- Wake
Wake County
$1,596 1BR FMR / mo
- Mecklenburg
Mecklenburg County
$1,538 1BR FMR / mo
- Durham
Durham County
$1,507 1BR FMR / mo
- Guilford
Guilford County
$1,213 1BR FMR / mo
- Cumberland
Cumberland County
$1,113 1BR FMR / mo
- Forsyth
Forsyth County
$1,082 1BR FMR / mo
- Rowan
Rowan County
$958 1BR FMR / mo
What this shows Rowan 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), Rowan County (this county) ($958).
Can Common Jobs Afford Rent Here?
How a 1-bedroom at $958/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 | 8.8% | Affordable |
| General & Operations Managers | $99,190 | 11.6% | Affordable |
| Registered Nurses | $81,860 | 14% | Affordable |
| Accountants & Auditors | $80,490 | 14.3% | Affordable |
| Police & Sheriff's Patrol Officers | $58,030 | 19.8% | Affordable |
| Electricians | $54,070 | 21.3% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $49,580 | 23.2% | Affordable |
| Elementary School Teachers | $49,400 | 23.3% | Affordable |
| Paralegals & Legal Assistants | $49,390 | 23.3% | Affordable |
| Pharmacy Technicians | $39,870 | 28.8% | Affordable |
| Customer Service Representatives | $39,530 | 29.1% | Affordable |
| Janitors & Cleaners | $32,630 | 35.2% | Stretched |
| Retail Salespersons | $30,090 | 38.2% | Stretched |
| Fast Food & Counter Workers | $28,760 | 40% | Stretched |
| Teaching Assistants | $28,230 | 40.7% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Rowan County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Rowan (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 40.7% overall, from $681 to $958. The path there hasn't been smooth: year-over-year moves have swung by as much as 15.7% (FY 2024), a volatility pattern that makes single-year comparisons a poor guide to the underlying trend.
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↓8.8% | $952 | $958 | $1,196 |
| FY 2025 ↑12.8% | $1,044 | $1,050 | $1,285 |
| FY 2024 ↑15.7% | $925 | $931 | $1,121 |
| FY 2023 ↑13.1% | $800 | $805 | $980 |
| FY 2022 ↓1.7% | $707 | $712 | $874 |
| FY 2021 ↑6.3% | $715 | $724 | $891 |
| FY 2020 | $653 | $681 | $842 |
Part of the Charlotte-Concord-Gastonia, NC-SC Metro Area
Rowan County is a outlying county of the Charlotte-Concord-Gastonia, NC-SC metropolitan statistical area, alongside 10 other metro-area counties.
Rowan County ranks #7 of 11 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Mecklenburg County ($1,538), York County ($1,538), Union County ($1,538), Gaston County ($1,538), Cabarrus County ($1,538), Iredell County ($1,222), Rowan County (this county) ($958), Lincoln County ($953), Lancaster County ($922), Anson County ($867), Chester County ($816).
Nearby Counties in North Carolina
Largest counties by population in North Carolina
Frequently Asked Questions
What is the average rent in Rowan County? ▼
How does Rowan County rent compare to the national average? ▼
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How much has rent changed in Rowan County over time? ▼
How does Fair Market Rent affect Section 8 vouchers in Rowan County? ▼
What does Fair Market Rent mean for Rowan County? ▼
What this means for renters
Treat Rowan'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 $958 implies about $38,320/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 Rowan 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.