Lenoir County
FY 2026 HUD Fair Market Rents in North Carolina. Population: 55,071.
Fair Market Rents (2026)
Studio
National avg: $893
$727/mo
↓ 1.1% YoY
-19% vs US
1 Bedroom
National avg: $959
$732/mo
↓ 1.1% YoY
-24% vs US
2 Bedroom
National avg: $1,175
$925/mo
↓ 0.5% YoY
-21% vs US
3 Bedroom
National avg: $1,525
$1,241/mo
↓ 4.5% YoY
-19% vs US
4 Bedroom
National avg: $1,756
$1,441/mo
↓ 3.7% YoY
-18% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $735 | $727 | $-8 (-1.1%) |
| 1 Bedroom | $740 | $732 | $-8 (-1.1%) |
| 2 Bedroom | $930 | $925 | $-5 (-0.5%) |
| 3 Bedroom | $1,300 | $1,241 | $-59 (-4.5%) |
| 4 Bedroom | $1,497 | $1,441 | $-56 (-3.7%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$29,280
$2,440/month gross
Required annual income for 2 BR
$37,000
$3,083/month gross
Other Counties in North Carolina
Cleveland County
1 BR: $763/mo
Guilford County
1 BR: $1,213/mo
Person County
1 BR: $744/mo
Buncombe County
1 BR: $1,429/mo
Camden County
1 BR: $1,139/mo
Hertford County
1 BR: $705/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.