Burlington, NC MSA
FY 2026 HUD Fair Market Rents for the Burlington, NC MSA metro area. Population: 171,779.
Fair Market Rents (2026)
Studio
National avg: $893
$992/mo
↑ 14.2% YoY
+11% vs US
1 Bedroom
National avg: $959
$1,230/mo
↑ 11.9% YoY
+28% vs US
2 Bedroom
National avg: $1,175
$1,348/mo
↑ 10.8% YoY
+15% vs US
3 Bedroom
National avg: $1,525
$1,670/mo
↑ 9.0% YoY
+10% vs US
4 Bedroom
National avg: $1,756
$1,972/mo
↑ 9.2% YoY
+12% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $869 | $992 | +$123 (+14.2%) |
| 1 Bedroom | $1,099 | $1,230 | +$131 (+11.9%) |
| 2 Bedroom | $1,217 | $1,348 | +$131 (+10.8%) |
| 3 Bedroom | $1,532 | $1,670 | +$138 (+9.0%) |
| 4 Bedroom | $1,806 | $1,972 | +$166 (+9.2%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$49,200
$4,100/month gross
Required annual income for 2 BR
$53,920
$4,493/month gross
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.