What is the Fair Market Rent in Kannapolis, NC?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,350 to $1,420 a month across the 2 ZIP codes that cover Kannapolis.
By ZIP code: 28083 $1,420, 28081 $1,350.
Across the whole Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area the two-bedroom figure is $1,785.
The Census Bureau’s median gross rent for a two-bedroom home in Kannapolis is $1,229 (±$66), below the Small Area figure for ZIP 28083.
Figures last updated on .
- 2 bedrooms, whole area
- $1,785
- 2 bedrooms, ZIP 28083
- $1,420
- 2 bedrooms, ZIP 28081
- $1,350
Fair Market Rents for Kannapolis, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area (whole area) | $1,574 | $1,640 | $1,785 | $2,179 | $2,773 | — |
| ZIP 28083 (52% of the ZIP’s land is in this place) | $1,220 | $1,260 | $1,420 | $1,750 | $2,250 | $1,212 |
| ZIP 28081 (45% of the ZIP’s land is in this place) | $1,130 | $1,170 | $1,350 | $1,670 | $2,160 | $1,173 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
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Questions about Kannapolis
What is the Section 8 payment standard in Kannapolis?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area is $1,785, and the Small Area figure for 28083 is $1,420.
What is the Fair Market Rent for a two-bedroom in ZIP 28083?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 28083 is $1,420 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,212 (±$73).
What is the Fair Market Rent for a two-bedroom in ZIP 28081?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 28081 is $1,350 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,173 (±$58).
What is the Fair Market Rent for a one-bedroom in Kannapolis?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 28083 is $1,260 a month, against $1,640 across the Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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