Montgomery 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 Montgomery County are Troy, Mount Gilead, Seagrove, and Biscoe. 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 Montgomery County use?

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

Montgomery 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.

Montgomery 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. Montgomery County is the 26th cheapest county in terms of FMRs.

Rent Tables Montgomery County, NC

Fair Market Rent (40th Percentile)

$760
studio
$765
1-Bedroom
$930
2-Bedroom
$1,223
3-Bedroom
$1,562
4-Bedroom

Median Rent (50th Percentile)

$760
studio
$765
1-Bedroom
$930
2-Bedroom
$1,223
3-Bedroom
$1,562
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
27341 $910 $940 $1,060 $1,350 $1,530
27371 $910 $940 $1,060 $1,350 $1,560
27209 $810 $810 $990 $1,300 $1,660
27229 $760 $760 $930 $1,220 $1,560
27247 $790 $800 $940 $1,230 $1,500
27281 $870 $890 $1,010 $1,400 $1,700
27306 $840 $850 $1,030 $1,350 $1,720
27341 $910 $940 $1,060 $1,350 $1,530
27356 $780 $800 $930 $1,270 $1,560
27371 $910 $940 $1,060 $1,350 $1,560
28338 $770 $840 $930 $1,300 $1,560
27209 $810 $810 $990 $1,300 $1,660
27281 $870 $890 $1,010 $1,400 $1,700
27341 $910 $940 $1,060 $1,350 $1,530
27356 $780 $800 $930 $1,270 $1,560
27229 $760 $760 $930 $1,220 $1,560
27281 $870 $890 $1,010 $1,400 $1,700
27306 $840 $850 $1,030 $1,350 $1,720
28338 $770 $840 $930 $1,300 $1,560
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
27341 $819 $846 $954 $1,215 $1,377
27371 $819 $846 $954 $1,215 $1,404
27209 $729 $729 $891 $1,170 $1,494
27229 $684 $684 $837 $1,098 $1,404
27247 $711 $720 $846 $1,107 $1,350
27281 $783 $801 $909 $1,260 $1,530
27306 $756 $765 $927 $1,215 $1,548
27341 $819 $846 $954 $1,215 $1,377
27356 $702 $720 $837 $1,143 $1,404
27371 $819 $846 $954 $1,215 $1,404
28338 $693 $756 $837 $1,170 $1,404
27209 $729 $729 $891 $1,170 $1,494
27281 $783 $801 $909 $1,260 $1,530
27341 $819 $846 $954 $1,215 $1,377
27356 $702 $720 $837 $1,143 $1,404
27229 $684 $684 $837 $1,098 $1,404
27281 $783 $801 $909 $1,260 $1,530
27306 $756 $765 $927 $1,215 $1,548
28338 $693 $756 $837 $1,170 $1,404
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
27341 $1,001 $1,034 $1,166 $1,485 $1,683
27371 $1,001 $1,034 $1,166 $1,485 $1,716
27209 $891 $891 $1,089 $1,430 $1,826
27229 $836 $836 $1,023 $1,342 $1,716
27247 $869 $880 $1,034 $1,353 $1,650
27281 $957 $979 $1,111 $1,540 $1,870
27306 $924 $935 $1,133 $1,485 $1,892
27341 $1,001 $1,034 $1,166 $1,485 $1,683
27356 $858 $880 $1,023 $1,397 $1,716
27371 $1,001 $1,034 $1,166 $1,485 $1,716
28338 $847 $924 $1,023 $1,430 $1,716
27209 $891 $891 $1,089 $1,430 $1,826
27281 $957 $979 $1,111 $1,540 $1,870
27341 $1,001 $1,034 $1,166 $1,485 $1,683
27356 $858 $880 $1,023 $1,397 $1,716
27229 $836 $836 $1,023 $1,342 $1,716
27281 $957 $979 $1,111 $1,540 $1,870
27306 $924 $935 $1,133 $1,485 $1,892
28338 $847 $924 $1,023 $1,430 $1,716

Fair Market Rents on this page apply to the following cities in Montgomery County, North Carolina: Troy, Mount Gilead, Seagrove, Biscoe, Ellerbe, Candor, Star, Jackson Springs, and Ether.

These Fair Market Rents also apply to the following ZIP codes in Montgomery County, North Carolina: 27371, 27306, 27341, 27209, 28338, 27229, 27356, 27281, and 27247.

More on Montgomery 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.