Mitchell County, NC Fair Market Rent FY2027

Part of the Mitchell County, NC non-metro FMR area. Fair Market Rents apply from October 1, 2026.

$769Efficiency +9.9%
$7741 bedroom +9.8%
$1,0122 bedrooms +9.4%
$1,2063 bedrooms +6.3%
$1,3304 bedrooms +8.6%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$769$700+9.9%
1 bedroom$774$705+9.8%
2 bedrooms$1,012$925+9.4%
3 bedrooms$1,206$1,134+6.3%
4 bedrooms$1,330$1,225+8.6%

FY2026 income limits

Median family income: $77,900

Household size12345678
Extremely low (30%)$16,450$21,640$27,320$33,000$38,680$44,360$48,550$51,700
Very low (50%)$27,450$31,350$35,250$39,150$42,300$45,450$48,550$51,700
Low income (80%)$43,900$50,150$56,400$62,650$67,700$72,700$77,700$82,700

Section 8 income limits set by HUD for FY2026; programs may use different limits.

Two-bedroom FMR since 1983

FY1983: $2981983FY1985: $309FY1986: $309FY1987: $316FY1988: $338FY1989: $3431989FY1990: $350FY1991: $359FY1992: $371FY1993: $380FY1994: $3531994FY1995: $413FY1996: $419FY1997: $424FY1998: $433FY1999: $4391999FY2000: $439FY2001: $443FY2002: $455FY2003: $467FY2004: $4672004FY2005: $546FY2006: $562FY2007: $585FY2008: $630FY2009: $6472009FY2010: $668FY2011: $659FY2012: $584FY2013: $610FY2014: $6372014FY2015: $632FY2016: $648FY2017: $642FY2018: $683FY2019: $6792019FY2020: $671FY2021: $693FY2022: $724FY2023: $771FY2024: $8562024FY2025: $930FY2026: $925FY2027: $1,0122027

Questions and answers

What is the Fair Market Rent in Mitchell County, NC for FY2027?

HUD set the FY2027 Fair Market Rents for Mitchell County, NC at $769 for an efficiency, $774 for one bedroom, $1,012 for two bedrooms, $1,206 for three and $1,330 for four bedrooms.

How much did Fair Market Rent change in Mitchell County, NC?

The two-bedroom FMR changed from $925 in FY2026 to $1,012 in FY2027 (+9.4%).

What are the HUD income limits for Mitchell County, NC?

For FY2026 the median family income is $77,900. The low-income (80%) limit for a family of four is $62,650, very low income (50%) $39,150 and extremely low income $33,000.