What is the Fair Market Rent in Summerfield, NC?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 27358, which covers Summerfield, is $1,400 a month.
Across the whole Greensboro-High Point, NC HUD Metro FMR Area the two-bedroom figure is $1,271.
Figures last updated on .
- 2 bedrooms, whole area
- $1,271
- 2 bedrooms, ZIP 27358
- $1,400
Fair Market Rents for Summerfield, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Greensboro-High Point, NC HUD Metro FMR Area (whole area) | $1,121 | $1,168 | $1,271 | $1,644 | $1,932 | — |
| ZIP 27358 (47% of the ZIP’s land is in this place) | $1,200 | $1,250 | $1,400 | $1,800 | $2,130 | $1,022 |
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 Summerfield
What is the Section 8 payment standard in Summerfield?
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 Greensboro-High Point, NC HUD Metro FMR Area is $1,271, and the Small Area figure for 27358 is $1,400.
What is the Fair Market Rent for a two-bedroom in ZIP 27358?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 27358 is $1,400 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,022 (±$627).
What is the Fair Market Rent for a one-bedroom in Summerfield?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 27358 is $1,250 a month, against $1,168 across the Greensboro-High Point, NC HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Greensboro-High Point, NC HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Greensboro-High Point, NC 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 .
Related
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- North Carolina landlord and tenant rules
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- Housing data for every place in North Carolina