Income Limits by County

FY2027 Small Area FMR · Yadkinville, NC

ZIP 27055 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27055 (Yadkinville, NC) is $1,040 a month, up 5.1% from FY2026. That is 27% below the Iredell County, NC area-wide FMR of $1,429.

2-bedroom SAFMR$1,040per month ▲ 5.1%
Area-wide 2 BR FMR$1,429Iredell County, NC
Rank in the area19thof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936
2 BR Small Area FMR$1,040
110% of SAFMR$1,144

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

FY2027 FY2026

Where 27055 sits in the Iredell County, NC area

$1,010$2,140median $1,210

Of the 20 ZIP codes HUD lists for the area, 27055 has the 19th highest two-bedroom Small Area FMR. Iredell 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 $1,429 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 for this ZIP code instead.

ZIP code 27055 crosses more than one HUD area. HUD also lists it under Winston-Salem, NC (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$840$756 – $924$1,260$860
1 bedroom$960$864 – $1,056$1,313$880
2 bedrooms$1,040$936 – $1,144$1,429$990
3 bedrooms$1,370$1,233 – $1,507$1,897$1,350
4 bedrooms$1,670$1,503 – $1,837$2,389$1,670

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $107,300 and the 80% low-income limit for four people is $85,850. ZIP code 27055 lies mainly in Yadkin County, Davie County and Iredell County. See the Iredell County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
27011Boonville8.0 mi$1,010
27018East Bend8.5 mi$1,010
27020Hamptonville9.7 mi$1,010
27023Lewisville9.9 mi$1,410
28634Harmony12.0 mi$1,060
28642Jonesville12.8 mi$1,010

Questions

What is the Fair Market Rent for ZIP code 27055?

HUD's FY2027 Small Area Fair Market Rents for 27055 are $840 (studio), $960 (1 BR), $1,040 (2 BR), $1,370 (3 BR) and $1,670 (4 BR) a month.

What is the Section 8 payment standard in 27055?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27055 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27055?

The FY2026 income limits of the Iredell County, NC area apply: median family income $107,300, low-income (80%) limit $85,850 for a family of four.