ZIP 27235 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 27235 in the Greensboro-High Point, NC FMR area.

Greensboro-High Point, NC

$1,680Efficiency
$1,7501 bedroom
$1,9102 bedrooms
$2,4703 bedrooms
$2,9004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,680$1,512$1,848$1,121
1 bedroom$1,750$1,575$1,925$1,168
2 bedrooms$1,910$1,719$2,101$1,271
3 bedrooms$2,470$2,223$2,717$1,644
4 bedrooms$2,900$2,610$3,190$1,932

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

Winston-Salem, NC

$1,680Efficiency
$1,7501 bedroom
$1,9102 bedrooms
$2,4703 bedrooms
$2,9004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,680$1,512$1,848$1,079
1 bedroom$1,750$1,575$1,925$1,224
2 bedrooms$1,910$1,719$2,101$1,332
3 bedrooms$2,470$2,223$2,717$1,754
4 bedrooms$2,900$2,610$3,190$2,135

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

Income in ZIP 27235

$113,030average adjusted gross income per tax return (2022)
$69,162average salaries and wages per return
2,880tax returns filed
20%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00019.4%
$25,000 to $50,00014.6%
$50,000 to $75,00013.5%
$75,000 to $100,00010.8%
$100,000 to $200,00029.9%
$200,000 or more11.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 6.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 27235?

HUD's FY2027 Small Area FMRs for ZIP 27235 (Greensboro-High Point, NC) are $1,680 efficiency, $1,750 one bedroom, $1,910 two bedrooms, $2,470 three and $2,900 four bedrooms.

What payment standard can a housing authority set in ZIP 27235?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,719 to $2,101.

How affordable is rent in ZIP 27235?

Tax returns filed from ZIP 27235 reported an average adjusted gross income of $113,030 (2022). A two-bedroom unit at the Small Area FMR costs $22,920 a year, or 20% of that income.