FMR Lookup › North Carolina › Raleigh-Cary
Section 8 Fair Market Rent in Raleigh-Cary, NC (FY2026)
HUD's official FY2026 Fair Market Rents for the Raleigh-Cary, NC MSA, by bedroom count. These figures set the baseline for what the Housing Choice Voucher program pays landlords in this area.
| Unit size | FY2026 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $1,524 | $1,372 – $1,676 |
| 1 bedroom | $1,596 | $1,436 – $1,756 |
| 2 bedrooms | $1,750 | $1,575 – $1,925 |
| 3 bedrooms | $2,196 | $1,976 – $2,416 |
| 4 bedrooms | $2,936 | $2,642 – $3,230 |
Source: HUD User — FY 2026 Fair Market Rents. FY2026 FMRs are effective October 1, 2025. Retrieved 2026-06-11.
How this market compares
The 2-bedroom FMR here is $1,750 — 75% above the North Carolina median of $998 across all 83 FMR areas in the state.
Counties and towns covered
The Raleigh-Cary, NC FMR area is a metro area covering: Franklin County, Johnston County, Wake County. One FMR applies across the whole area — HUD does not publish separate figures per city or ZIP here (some large metros have Small Area FMRs by ZIP; check with the local housing authority).
What a landlord actually collects
FMR is the baseline, not the contract rent. The local housing authority sets a payment standard between 90% and 110% of FMR (the range in the table above), and your unit must pass a rent-reasonableness comparison against similar unassisted rentals nearby. The voucher then covers the gap between the tenant's share (roughly 30% of their income) and the approved rent.
Run the numbers for a deal in Raleigh-Cary: Section 8 vs market rent, DSCR, or cash-on-cash return.
Comparable North Carolina markets by 2BR FMR
| FMR area | 1 BR | 2 BR | 3 BR |
|---|---|---|---|
| Virginia Beach-Norfolk-Newport News | $1,512 | $1,713 | $2,376 |
| Durham-Chapel Hill | $1,507 | $1,711 | $2,117 |
| Gates County | $1,513 | $1,709 | $2,364 |
| Charlotte-Concord-Gastonia | $1,538 | $1,686 | $2,076 |
| Asheville | $1,674 | $1,835 | $2,231 |
| Wilmington | $1,513 | $1,659 | $2,178 |
All 83 North Carolina FMR areas →
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving Raleigh-Cary.