ZIP 27021 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 27021 in the Winston-Salem, NC FMR area.

$950Efficiency
$1,0701 bedroom
$1,1702 bedrooms
$1,5403 bedrooms
$1,8804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$950$855$1,045$1,079
1 bedroom$1,070$963$1,177$1,224
2 bedrooms$1,170$1,053$1,287$1,332
3 bedrooms$1,540$1,386$1,694$1,754
4 bedrooms$1,880$1,692$2,068$2,135

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 27021

$65,869average adjusted gross income per tax return (2022)
$47,518average salaries and wages per return
8,050tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00026.7%
$25,000 to $50,00025.6%
$50,000 to $75,00016.5%
$75,000 to $100,00011.3%
$100,000 to $200,00016.6%
$200,000 or more3.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 14.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 27021?

HUD's FY2027 Small Area FMRs for ZIP 27021 (Winston-Salem, NC) are $950 efficiency, $1,070 one bedroom, $1,170 two bedrooms, $1,540 three and $1,880 four bedrooms.

What payment standard can a housing authority set in ZIP 27021?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,053 to $1,287.

How affordable is rent in ZIP 27021?

Tax returns filed from ZIP 27021 reported an average adjusted gross income of $65,869 (2022). A two-bedroom unit at the Small Area FMR costs $14,040 a year, or 21% of that income.