Alexander County, NC

2025 Fair Market Rents

Tags: 2025 Hickory-Lenoir-Morganton, NC MSA

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The top four largest cities in Alexander County are Hickory, Statesville, Taylorsville, and Granite Falls. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Alexander County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Alexander County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Alexander County compare?

Alexander County ($1,046) has a 9.7% lower FMR for 2-Bedroom housing than the average of North Carolina ($1,158) and therefore has a lower gross rent.

Alexander County is rank 51st out of 100 counties. This means the FMRs, or in other words, the gross rent is lower than 50 other counties. Alexander County is the 50th cheapest county in terms of FMRs.

Rent Tables Alexander County, NC

Fair Market Rent (40th Percentile)

$818
studio
$851
1-Bedroom
$1,046
2-Bedroom
$1,334
3-Bedroom
$1,567
4-Bedroom

Median Rent (50th Percentile)

$876
studio
$913
1-Bedroom
$1,121
2-Bedroom
$1,430
3-Bedroom
$1,680
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28625 $1,020 $1,060 $1,170 $1,610 $1,960
28636 $950 $970 $1,090 $1,490 $1,850
28678 $1,090 $1,130 $1,310 $1,740 $2,090
28689 $950 $970 $1,090 $1,490 $1,850
28625 $1,020 $1,060 $1,170 $1,610 $1,960
28601 $890 $930 $1,140 $1,450 $1,710
28625 $1,020 $1,060 $1,170 $1,610 $1,960
28630 $880 $910 $1,120 $1,430 $1,680
28636 $950 $970 $1,090 $1,490 $1,850
28654 $1,000 $1,040 $1,200 $1,600 $1,790
28678 $1,090 $1,130 $1,310 $1,740 $2,090
28681 $760 $790 $970 $1,240 $1,450
28689 $950 $970 $1,090 $1,490 $1,850
28625 $1,020 $1,060 $1,170 $1,610 $1,960
28689 $950 $970 $1,090 $1,490 $1,850
28654 $1,000 $1,040 $1,200 $1,600 $1,790
28689 $950 $970 $1,090 $1,490 $1,850
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28625 $918 $954 $1,053 $1,449 $1,764
28636 $855 $873 $981 $1,341 $1,665
28678 $981 $1,017 $1,179 $1,566 $1,881
28689 $855 $873 $981 $1,341 $1,665
28625 $918 $954 $1,053 $1,449 $1,764
28601 $801 $837 $1,026 $1,305 $1,539
28625 $918 $954 $1,053 $1,449 $1,764
28630 $792 $819 $1,008 $1,287 $1,512
28636 $855 $873 $981 $1,341 $1,665
28654 $900 $936 $1,080 $1,440 $1,611
28678 $981 $1,017 $1,179 $1,566 $1,881
28681 $684 $711 $873 $1,116 $1,305
28689 $855 $873 $981 $1,341 $1,665
28625 $918 $954 $1,053 $1,449 $1,764
28689 $855 $873 $981 $1,341 $1,665
28654 $900 $936 $1,080 $1,440 $1,611
28689 $855 $873 $981 $1,341 $1,665
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28625 $1,122 $1,166 $1,287 $1,771 $2,156
28636 $1,045 $1,067 $1,199 $1,639 $2,035
28678 $1,199 $1,243 $1,441 $1,914 $2,299
28689 $1,045 $1,067 $1,199 $1,639 $2,035
28625 $1,122 $1,166 $1,287 $1,771 $2,156
28601 $979 $1,023 $1,254 $1,595 $1,881
28625 $1,122 $1,166 $1,287 $1,771 $2,156
28630 $968 $1,001 $1,232 $1,573 $1,848
28636 $1,045 $1,067 $1,199 $1,639 $2,035
28654 $1,100 $1,144 $1,320 $1,760 $1,969
28678 $1,199 $1,243 $1,441 $1,914 $2,299
28681 $836 $869 $1,067 $1,364 $1,595
28689 $1,045 $1,067 $1,199 $1,639 $2,035
28625 $1,122 $1,166 $1,287 $1,771 $2,156
28689 $1,045 $1,067 $1,199 $1,639 $2,035
28654 $1,100 $1,144 $1,320 $1,760 $1,969
28689 $1,045 $1,067 $1,199 $1,639 $2,035

Fair Market Rents on this page apply to the following cities in Alexander County, North Carolina: Hickory, Statesville, Taylorsville, Granite Falls, Hiddenite, Stony Point, Moravian Falls, and Union Grove.

These Fair Market Rents also apply to the following ZIP codes in Alexander County, North Carolina: 28601, 28625, 28681, 28630, 28636, 28678, 28654, and 28689.

Alexander County, NC is considered part of the following metro FMR area: HICKORY-LENOIR-MORGANTON, NC MSA.

Other counties in the same metro FMR area are: Burke County, NC, Caldwell County, NC, and Catawba County, NC.

More on Alexander County, NC

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.