FY2027 Small Area FMR · Woodleaf, NC

ZIP 27054 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27054 (Woodleaf, NC) is $1,100 a month, down 5.2% from FY2026. That is 13% below the Rowan County, NC area-wide FMR of $1,262.

2-bedroom SAFMR$1,100per month ▼ 5.2%

Area-wide 2 BR FMR$1,262Rowan County, NC

Rank in the area21stof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$990

2 BR Small Area FMR$1,100

110% of SAFMR$1,210

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

Studio$890▼ 5.3%

1 BR$940▼ 1.1%

2 BR$1,100▼ 5.2%

3 BR$1,430▼ 6.5%

4 BR$1,820▼ 6.7%

FY2027 FY2026

Where 27054 sits in the Rowan County, NC area

Of the 22 ZIP codes HUD lists for the area, 27054 has the 21st highest two-bedroom Small Area FMR. Rowan County, NC is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,262 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,100 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$890	$801 – $979	$992	$940
1 bedroom	$940	$846 – $1,034	$1,012	$950
2 bedrooms	$1,100	$990 – $1,210	$1,262	$1,160
3 bedrooms	$1,430	$1,287 – $1,573	$1,604	$1,530
4 bedrooms	$1,820	$1,638 – $2,002	$2,109	$1,950

A household renting a two-bedroom home at the Small Area FMR of $1,100 needs about $44,000 a year to keep housing costs at 30% of income. The area median family income is $79,000 and the 80% low-income limit for four people is $66,700. ZIP code 27054 lies mainly in Rowan County. See the Rowan County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
27014	Cooleemee	2.7 mi	$1,240
27013	Cleveland	6.4 mi	$1,210
28147	Salisbury	7.9 mi	$1,320
27028	Mocksville	8.9 mi	$1,090
28144	Salisbury	9.5 mi	$1,310
28125	Mount Ulla	10.8 mi	$1,390

Questions

What is the Fair Market Rent for ZIP code 27054?

HUD's FY2027 Small Area Fair Market Rents for 27054 are $890 (studio), $940 (1 BR), $1,100 (2 BR), $1,430 (3 BR) and $1,820 (4 BR) a month.

What is the Section 8 payment standard in 27054?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27054 that range is $990 to $1,210 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27054?

The FY2026 income limits of the Rowan County, NC area apply: median family income $79,000, low-income (80%) limit $66,700 for a family of four.