Cherokee County
FY 2026 HUD Fair Market Rents in North Carolina. Population: 28,868.
Fair Market Rents (2026)
Studio
National avg: $893
$645/mo
↓ 9.7% YoY
-28% vs US
1 Bedroom
National avg: $959
$713/mo
↓ 0.8% YoY
-26% vs US
2 Bedroom
National avg: $1,175
$935/mo
↓ 0.8% YoY
-20% vs US
3 Bedroom
National avg: $1,525
$1,290/mo
↓ 2.0% YoY
-15% vs US
4 Bedroom
National avg: $1,756
$1,497/mo
↑ 1.0% YoY
-15% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $714 | $645 | $-69 (-9.7%) |
| 1 Bedroom | $719 | $713 | $-6 (-0.8%) |
| 2 Bedroom | $943 | $935 | $-8 (-0.8%) |
| 3 Bedroom | $1,316 | $1,290 | $-26 (-2.0%) |
| 4 Bedroom | $1,482 | $1,497 | +$15 (+1.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$28,520
$2,377/month gross
Required annual income for 2 BR
$37,400
$3,117/month gross
Other Counties in North Carolina
Wilkes County
1 BR: $793/mo
Swain County
1 BR: $813/mo
Avery County
1 BR: $766/mo
Iredell County
1 BR: $1,222/mo
New Hanover County
1 BR: $1,513/mo
Chatham County
1 BR: $1,507/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.