FY2027 Small Area FMR · Winston-Salem, NC

ZIP 27103 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27103 (Winston-Salem, NC) is $1,550 a month, up 12.3% from FY2026. That is 16% above the Winston-Salem, NC area-wide FMR of $1,332.

2-bedroom SAFMR$1,550per month ▲ 12.3%

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

Rank in the area5thof 62 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,395

2 BR Small Area FMR$1,550

110% of SAFMR$1,705

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

Studio$1,260▲ 13.5%

1 BR$1,420▲ 17.4%

2 BR$1,550▲ 12.3%

3 BR$2,040▲ 13.3%

4 BR$2,480▲ 16.4%

FY2027 FY2026

Where 27103 sits in the Winston-Salem, NC area

Of the 62 ZIP codes HUD lists for the area, 27103 has the 5th 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 $1,395 and $1,705 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,260	$1,134 – $1,386	$1,079	$1,110
1 bedroom	$1,420	$1,278 – $1,562	$1,224	$1,210
2 bedrooms	$1,550	$1,395 – $1,705	$1,332	$1,380
3 bedrooms	$2,040	$1,836 – $2,244	$1,754	$1,800
4 bedrooms	$2,480	$2,232 – $2,728	$2,135	$2,130

A household renting a two-bedroom home at the Small Area FMR of $1,550 needs about $62,000 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 27103 lies mainly in Forsyth 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
27104	Winston-Salem	2.5 mi	$1,590
27127	Winston-Salem	3.5 mi	$1,400
27012	Clemmons	5.0 mi	$1,450
27109	Winston-Salem	5.8 mi	$1,500
27110	Winston-Salem	5.8 mi	$1,260
27106	Winston-Salem	5.9 mi	$1,500

Questions

What is the Fair Market Rent for ZIP code 27103?

HUD's FY2027 Small Area Fair Market Rents for 27103 are $1,260 (studio), $1,420 (1 BR), $1,550 (2 BR), $2,040 (3 BR) and $2,480 (4 BR) a month.

What is the Section 8 payment standard in 27103?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27103 that range is $1,395 to $1,705 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27103?

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.