Section 8 Fair Market Rent (FMR) for ZIP 27628 - 2027

Location: Raleigh-Cary, NC | Metro: Raleigh-Cary, NC MSA

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,530
1 Bedroom$1,600
2 Bedrooms$1,740
3 Bedrooms$2,170
4 Bedrooms$2,910
5 Bedrooms$3,376
6 Bedrooms$3,781
7 Bedrooms$4,083
8 Bedrooms$4,287

Data Sources: FMR data from HUD (2027).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.