Union County
FY 2026 HUD Fair Market Rents in North Carolina. Population: 240,109.
Fair Market Rents (2026)
Studio
National avg: $893
$1,469/mo
↓ 7.4% YoY
+65% vs US
1 Bedroom
National avg: $959
$1,538/mo
↓ 6.6% YoY
+60% vs US
2 Bedroom
National avg: $1,175
$1,686/mo
↓ 7.6% YoY
+43% vs US
3 Bedroom
National avg: $1,525
$2,076/mo
↓ 7.7% YoY
+36% vs US
4 Bedroom
National avg: $1,756
$2,637/mo
↓ 7.5% YoY
+50% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,586 | $1,469 | $-117 (-7.4%) |
| 1 Bedroom | $1,647 | $1,538 | $-109 (-6.6%) |
| 2 Bedroom | $1,824 | $1,686 | $-138 (-7.6%) |
| 3 Bedroom | $2,250 | $2,076 | $-174 (-7.7%) |
| 4 Bedroom | $2,852 | $2,637 | $-215 (-7.5%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$61,520
$5,127/month gross
Required annual income for 2 BR
$67,440
$5,620/month gross
Other Counties in North Carolina
Graham County
1 BR: $844/mo
Henderson County
1 BR: $1,429/mo
Lee County
1 BR: $880/mo
McDowell County
1 BR: $790/mo
Guilford County
1 BR: $1,213/mo
Richmond County
1 BR: $814/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.