PlainRent

New Hanover County

FY 2026 HUD Fair Market Rents in North Carolina. Population: 228,134.

Fair Market Rents (2026)

Studio
National avg: $893
$1,144/mo
↑ 5.6% YoY +28% vs US
1 Bedroom
National avg: $959
$1,513/mo
↑ 6.0% YoY +58% vs US
2 Bedroom
National avg: $1,175
$1,659/mo
↑ 5.0% YoY +41% vs US
3 Bedroom
National avg: $1,525
$2,178/mo
↑ 4.4% YoY +43% vs US
4 Bedroom
National avg: $1,756
$2,319/mo
↓ 6.7% YoY +32% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $1,083 $1,144 +$61 (+5.6%)
1 Bedroom $1,427 $1,513 +$86 (+6.0%)
2 Bedroom $1,580 $1,659 +$79 (+5.0%)
3 Bedroom $2,087 $2,178 +$91 (+4.4%)
4 Bedroom $2,485 $2,319 $-166 (-6.7%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$60,520
$5,043/month gross
Required annual income for 2 BR
$66,360
$5,530/month gross

Other Counties in North Carolina

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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.