What is the Fair Market Rent in Pine Level, NC?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 27568, which covers Pine Level, is $1,220 a month.

Across the whole Raleigh-Cary, NC MSA the two-bedroom figure is $1,689.

The Census Bureau’s median gross rent for a two-bedroom home in Pine Level is $794 (±$44), below the Small Area figure for ZIP 27568.

Figures last updated on .

2 bedrooms, whole area
$1,689
2 bedrooms, ZIP 27568
$1,220

Fair Market Rents for Pine Level, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Raleigh-Cary, NC MSA (whole area)$1,489$1,552$1,689$2,103$2,823—
ZIP 27568 (69% of the ZIP’s land is in this place)$1,060$1,080$1,220$1,500$1,980$791

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 Pine Level

What is the Section 8 payment standard in Pine Level?

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 Raleigh-Cary, NC MSA is $1,689, and the Small Area figure for 27568 is $1,220.

What is the Fair Market Rent for a two-bedroom in ZIP 27568?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 27568 is $1,220 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $791 (±$73).

What is the Fair Market Rent for a one-bedroom in Pine Level?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 27568 is $1,080 a month, against $1,552 across the Raleigh-Cary, NC MSA.

Sources

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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