North Carolina · FIPS 37077 · HUD FY 2027
Granville County, North Carolina Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Granville County is $1,213 a month (rent plus utilities), 16% below the North Carolina average of $1,441 and 31% below the U.S. average of $1,761. That is up $13 (1.1%) from FY 2026. At 30% of income, a household needs about $48,520 a year to afford it.
- $1,2132-bedroom FMR+$13 (+1.1%) vs FY 2026
- $1,1141-bedroom FMRNorth Carolina: $1,282 · U.S.: $1,478
- $48,520Income for a 2-bedroom$23/hour full-time
- 40 of 1002BR rank in North Carolina1 = highest rent
| Unit | Granville County FY 2027 | FY 2026 | Change | North Carolina avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,036 | $1,026 | +$10 (+1.0%) | $1,215 | $1,379 | $41,440 |
| 1 bedroom | $1,114 | $1,084 | +$30 (+2.8%) | $1,282 | $1,478 | $44,560 |
| 2 bedrooms | $1,213 | $1,200 | +$13 (+1.1%) | $1,441 | $1,761 | $48,520 |
| 3 bedrooms | $1,465 | $1,571 | −$106 (−6.7%) | $1,823 | $2,266 | $58,600 |
| 4 bedrooms | $1,835 | $1,700 | +$135 (+7.9%) | $2,256 | $2,607 | $73,400 |
How Granville County compares
- Granville County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across North Carolina, 2-bedroom FMRs run from $1,012 (Wilkes County) to $1,866 (Buncombe County).
- Studio to 4-bedroom: $1,036, $1,114, $1,213, $1,465, $1,835. 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 6 ZIP codes mostly in Granville County (by land area), the 2-bedroom figure ranges from $1,080 to $1,370.
Small Area FMRs by ZIP code in Granville County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 27507 | $930 | $990 | $1,080 | $1,430 | $1,550 | −$120 (−10.0%) | 11% below |
| 27509 | $1,170 | $1,260 | $1,370 | $1,650 | $2,070 | +$60 (+4.6%) | 13% above |
| 27522 | $1,140 | $1,230 | $1,340 | $1,650 | $2,030 | −$60 (−4.3%) | 10% above |
| 27565 | $970 | $1,040 | $1,140 | $1,430 | $1,720 | −$60 (−5.0%) | 6% below |
| 27581 | $1,050 | $1,130 | $1,230 | $1,490 | $1,860 | +$30 (+2.5%) | 1% above |
| 27582 | $970 | $1,040 | $1,140 | $1,450 | $1,720 | −$60 (−5.0%) | 6% 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.