FY2027 Small Area FMR · Cooleemee, NC

ZIP 27014 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27014 (Cooleemee, NC) is $1,240 a month, up 3.3% from FY2026. That is 7% below the Winston-Salem, NC area-wide FMR of $1,332.

2-bedroom SAFMR$1,240per month ▲ 3.3%

Area-wide 2 BR FMR$1,332Winston-Salem, NC

Rank in the area37thof 62 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,116

2 BR Small Area FMR$1,240

110% of SAFMR$1,364

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,000▲ 3.1%

1 BR$1,140▲ 8.6%

2 BR$1,240▲ 3.3%

3 BR$1,630▲ 3.8%

4 BR$1,990▲ 7.6%

FY2027 FY2026

Where 27014 sits in the Winston-Salem, NC area

Of the 62 ZIP codes HUD lists for the area, 27014 has the 37th highest two-bedroom Small Area FMR. Winston-Salem, NC is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,116 and $1,364 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,000	$900 – $1,100	$1,079	$970
1 bedroom	$1,140	$1,026 – $1,254	$1,224	$1,050
2 bedrooms	$1,240	$1,116 – $1,364	$1,332	$1,200
3 bedrooms	$1,630	$1,467 – $1,793	$1,754	$1,570
4 bedrooms	$1,990	$1,791 – $2,189	$2,135	$1,850

A household renting a two-bedroom home at the Small Area FMR of $1,240 needs about $49,600 a year to keep housing costs at 30% of income. The area median family income is $96,700 and the 80% low-income limit for four people is $76,250. ZIP code 27014 lies mainly in Davie County. See the Winston-Salem, NC metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
27054	Woodleaf	2.7 mi	$1,100
27028	Mocksville	7.8 mi	$1,090
28144	Salisbury	8.8 mi	$1,310
28147	Salisbury	8.9 mi	$1,320
27013	Cleveland	9.1 mi	$1,210
27299	Linwood	10.3 mi	$1,160

Questions

What is the Fair Market Rent for ZIP code 27014?

HUD's FY2027 Small Area Fair Market Rents for 27014 are $1,000 (studio), $1,140 (1 BR), $1,240 (2 BR), $1,630 (3 BR) and $1,990 (4 BR) a month.

What is the Section 8 payment standard in 27014?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27014 that range is $1,116 to $1,364 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27014?

The FY2026 income limits of the Winston-Salem, NC area apply: median family income $96,700, low-income (80%) limit $76,250 for a family of four.