Cleveland County, NC

2025 Fair Market Rents

Tags: 2025 North Carolina

Return to the state page to see where North Carolina ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Cleveland County are Kings Mountain, Shelby, Cherryville, and Ellenboro. 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 Cleveland County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Cleveland 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 Cleveland County compare?

Cleveland County ($930) has a 19.7% lower FMR for 2-Bedroom housing than the average of North Carolina ($1,158) and therefore has a lower gross rent.

Cleveland County is rank 75th out of 100 counties. This means the FMRs, or in other words, the gross rent is lower than 74 other counties. Cleveland County is the 26th cheapest county in terms of FMRs.

Rent Tables Cleveland County, NC

Fair Market Rent (40th Percentile)

$705
studio
$709
1-Bedroom
$930
2-Bedroom
$1,303
3-Bedroom
$1,397
4-Bedroom

Median Rent (50th Percentile)

$730
studio
$734
1-Bedroom
$963
2-Bedroom
$1,349
3-Bedroom
$1,447
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
28021 $940 $980 $1,110 $1,430 $1,720
28086 $800 $820 $990 $1,360 $1,510
28021 $940 $980 $1,110 $1,430 $1,720
28017 $700 $710 $930 $1,300 $1,400
28020 $780 $790 $980 $1,320 $1,490
28021 $940 $980 $1,110 $1,430 $1,720
28038 $700 $710 $930 $1,300 $1,400
28040 $800 $800 $930 $1,260 $1,440
28042 $710 $710 $930 $1,300 $1,400
28073 $720 $720 $950 $1,330 $1,430
28086 $800 $820 $990 $1,360 $1,510
28089 $710 $720 $940 $1,320 $1,410
28114 $770 $780 $930 $1,270 $1,430
28136 $710 $720 $940 $1,320 $1,410
28150 $710 $720 $940 $1,320 $1,410
28151 $700 $710 $930 $1,300 $1,400
28152 $700 $710 $930 $1,300 $1,400
28169 $700 $710 $930 $1,300 $1,400
28020 $780 $790 $980 $1,320 $1,490
28040 $800 $800 $930 $1,260 $1,440
28114 $770 $780 $930 $1,270 $1,430
28150 $710 $720 $940 $1,320 $1,410
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28021 $846 $882 $999 $1,287 $1,548
28086 $720 $738 $891 $1,224 $1,359
28021 $846 $882 $999 $1,287 $1,548
28017 $630 $639 $837 $1,170 $1,260
28020 $702 $711 $882 $1,188 $1,341
28021 $846 $882 $999 $1,287 $1,548
28038 $630 $639 $837 $1,170 $1,260
28040 $720 $720 $837 $1,134 $1,296
28042 $639 $639 $837 $1,170 $1,260
28073 $648 $648 $855 $1,197 $1,287
28086 $720 $738 $891 $1,224 $1,359
28089 $639 $648 $846 $1,188 $1,269
28114 $693 $702 $837 $1,143 $1,287
28136 $639 $648 $846 $1,188 $1,269
28150 $639 $648 $846 $1,188 $1,269
28151 $630 $639 $837 $1,170 $1,260
28152 $630 $639 $837 $1,170 $1,260
28169 $630 $639 $837 $1,170 $1,260
28020 $702 $711 $882 $1,188 $1,341
28040 $720 $720 $837 $1,134 $1,296
28114 $693 $702 $837 $1,143 $1,287
28150 $639 $648 $846 $1,188 $1,269
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
28021 $1,034 $1,078 $1,221 $1,573 $1,892
28086 $880 $902 $1,089 $1,496 $1,661
28021 $1,034 $1,078 $1,221 $1,573 $1,892
28017 $770 $781 $1,023 $1,430 $1,540
28020 $858 $869 $1,078 $1,452 $1,639
28021 $1,034 $1,078 $1,221 $1,573 $1,892
28038 $770 $781 $1,023 $1,430 $1,540
28040 $880 $880 $1,023 $1,386 $1,584
28042 $781 $781 $1,023 $1,430 $1,540
28073 $792 $792 $1,045 $1,463 $1,573
28086 $880 $902 $1,089 $1,496 $1,661
28089 $781 $792 $1,034 $1,452 $1,551
28114 $847 $858 $1,023 $1,397 $1,573
28136 $781 $792 $1,034 $1,452 $1,551
28150 $781 $792 $1,034 $1,452 $1,551
28151 $770 $781 $1,023 $1,430 $1,540
28152 $770 $781 $1,023 $1,430 $1,540
28169 $770 $781 $1,023 $1,430 $1,540
28020 $858 $869 $1,078 $1,452 $1,639
28040 $880 $880 $1,023 $1,386 $1,584
28114 $847 $858 $1,023 $1,397 $1,573
28150 $781 $792 $1,034 $1,452 $1,551

Fair Market Rents on this page apply to the following cities in Cleveland County, North Carolina: Kings Mountain, Shelby, Cherryville, Ellenboro, Mooresboro, Grover, Casar, Boiling Springs, Fallston, Polkville, Earl, Waco, and Lattimore.

These Fair Market Rents also apply to the following ZIP codes in Cleveland County, North Carolina: 28086, 28150, 28152, 28021, 28040, 28114, 28073, 28020, 28151, 28017, 28042, 28136, 28038, 28169, and 28089.

More on Cleveland 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.