Vance County
FY 2026 HUD Fair Market Rents in North Carolina. Population: 42,492.
Fair Market Rents (2026)
Studio
National avg: $893
$738/mo
↓ 4.7% YoY
-17% vs US
1 Bedroom
National avg: $959
$743/mo
↓ 4.6% YoY
-23% vs US
2 Bedroom
National avg: $1,175
$975/mo
↓ 4.6% YoY
-17% vs US
3 Bedroom
National avg: $1,525
$1,197/mo
↓ 4.2% YoY
-22% vs US
4 Bedroom
National avg: $1,756
$1,318/mo
↓ 5.0% YoY
-25% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $774 | $738 | $-36 (-4.7%) |
| 1 Bedroom | $779 | $743 | $-36 (-4.6%) |
| 2 Bedroom | $1,022 | $975 | $-47 (-4.6%) |
| 3 Bedroom | $1,250 | $1,197 | $-53 (-4.2%) |
| 4 Bedroom | $1,388 | $1,318 | $-70 (-5.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$29,720
$2,477/month gross
Required annual income for 2 BR
$39,000
$3,250/month gross
Other Counties in North Carolina
Alamance County
1 BR: $1,230/mo
Cabarrus County
1 BR: $1,538/mo
Pitt County
1 BR: $896/mo
Scotland County
1 BR: $755/mo
Chatham County
1 BR: $1,507/mo
Caldwell County
1 BR: $908/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.