PlainRent

Rowan County

FY 2026 HUD Fair Market Rents in North Carolina. Population: 147,067.

Fair Market Rents (2026)

Studio
National avg: $893
$952/mo
↓ 8.8% YoY +7% vs US
1 Bedroom
National avg: $959
$958/mo
↓ 8.8% YoY -0% vs US
2 Bedroom
National avg: $1,175
$1,196/mo
↓ 6.9% YoY +2% vs US
3 Bedroom
National avg: $1,525
$1,573/mo
↓ 7.0% YoY +3% vs US
4 Bedroom
National avg: $1,756
$2,006/mo
↓ 7.0% YoY +14% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $1,044 $952 $-92 (-8.8%)
1 Bedroom $1,050 $958 $-92 (-8.8%)
2 Bedroom $1,285 $1,196 $-89 (-6.9%)
3 Bedroom $1,691 $1,573 $-118 (-7.0%)
4 Bedroom $2,158 $2,006 $-152 (-7.0%)

Affordability Snapshot

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

Required annual income for 1 BR
$38,320
$3,193/month gross
Required annual income for 2 BR
$47,840
$3,987/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.