ZIP 27025 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 27025 in the Rockingham County, NC FMR area.

Rockingham County, NC

$730Efficiency
$8001 bedroom
$1,0102 bedrooms
$1,2503 bedrooms
$1,5704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$730$657$803$705
1 bedroom$800$720$880$774
2 bedrooms$1,010$909$1,111$1,012
3 bedrooms$1,250$1,125$1,375$1,236
4 bedrooms$1,570$1,413$1,727$1,554

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

Winston-Salem, NC

$730Efficiency
$8001 bedroom
$1,0102 bedrooms
$1,2503 bedrooms
$1,5704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$730$657$803$1,079
1 bedroom$800$720$880$1,224
2 bedrooms$1,010$909$1,111$1,332
3 bedrooms$1,250$1,125$1,375$1,754
4 bedrooms$1,570$1,413$1,727$2,135

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

Income in ZIP 27025

$63,421average adjusted gross income per tax return (2022)
$44,804average salaries and wages per return
4,820tax returns filed
19%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00027.8%
$25,000 to $50,00028.4%
$50,000 to $75,00016.4%
$75,000 to $100,00010.8%
$100,000 to $200,00013.9%
$200,000 or more2.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 17.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 27025?

HUD's FY2027 Small Area FMRs for ZIP 27025 (Rockingham County, NC) are $730 efficiency, $800 one bedroom, $1,010 two bedrooms, $1,250 three and $1,570 four bedrooms.

What payment standard can a housing authority set in ZIP 27025?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $909 to $1,111.

How affordable is rent in ZIP 27025?

Tax returns filed from ZIP 27025 reported an average adjusted gross income of $63,421 (2022). A two-bedroom unit at the Small Area FMR costs $12,120 a year, or 19% of that income.