North Carolina · FIPS 37025 · HUD FY 2027
Cabarrus County, North Carolina Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Cabarrus County is $1,785 a month (rent plus utilities), 24% above the North Carolina average of $1,441 and 1% above the U.S. average of $1,761. That is up $99 (5.9%) from FY 2026. At 30% of income, a household needs about $71,400 a year to afford it.
- $1,7852-bedroom FMR+$99 (+5.9%) vs FY 2026
- $1,6401-bedroom FMRNorth Carolina: $1,282 · U.S.: $1,478
- $71,400Income for a 2-bedroom$34/hour full-time
- 4 of 1002BR rank in North Carolina1 = highest rent
| Unit | Cabarrus County FY 2027 | FY 2026 | Change | North Carolina avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,574 | $1,469 | +$105 (+7.1%) | $1,215 | $1,379 | $62,960 |
| 1 bedroom | $1,640 | $1,538 | +$102 (+6.6%) | $1,282 | $1,478 | $65,600 |
| 2 bedrooms | $1,785 | $1,686 | +$99 (+5.9%) | $1,441 | $1,761 | $71,400 |
| 3 bedrooms | $2,179 | $2,076 | +$103 (+5.0%) | $1,823 | $2,266 | $87,160 |
| 4 bedrooms | $2,773 | $2,637 | +$136 (+5.2%) | $2,256 | $2,607 | $110,920 |
How Cabarrus County compares
- HUD sets this rent for the Charlotte-Concord-Gastonia, NC-SC metro FMR area, which covers 2,170,326 residents in 5 counties.
- Across North Carolina, 2-bedroom FMRs run from $1,012 (Wilkes County) to $1,866 (Buncombe County).
- Studio to 4-bedroom: $1,574, $1,640, $1,785, $2,179, $2,773. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 7 ZIP codes mostly in Cabarrus County (by land area), the 2-bedroom figure ranges from $1,350 to $2,680.
Small Area FMRs by ZIP code in Cabarrus County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 28025 | $1,340 | $1,400 | $1,520 | $1,860 | $2,360 | +$80 (+5.6%) | 15% below |
| 28027 | $1,580 | $1,640 | $1,790 | $2,190 | $2,780 | +$130 (+7.8%) | about the same as |
| 28075 | $2,360 | $2,460 | $2,680 | $3,270 | $4,160 | +$150 (+5.9%) | 50% above |
| 28081 | $1,130 | $1,170 | $1,350 | $1,670 | $2,160 | +$100 (+8.0%) | 24% below |
| 28083 | $1,220 | $1,260 | $1,420 | $1,750 | $2,250 | +$90 (+6.8%) | 20% below |
| 28107 | $1,260 | $1,310 | $1,440 | $1,760 | $2,230 | +$140 (+10.8%) | 19% below |
| 28124 | $1,180 | $1,230 | $1,360 | $1,670 | $2,090 | +$100 (+7.9%) | 24% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.