FY2027 Small Area FMR · Winston-Salem, NC

ZIP 27104 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27104 (Winston-Salem, NC) is $1,590 a month, up 10.4% from FY2026. That is 19% above the Winston-Salem, NC area-wide FMR of $1,332.

2-bedroom SAFMR$1,590per month ▲ 10.4%

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

Rank in the area4thof 62 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,431

2 BR Small Area FMR$1,590

110% of SAFMR$1,749

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

Studio$1,290▲ 11.2%

1 BR$1,460▲ 15.9%

2 BR$1,590▲ 10.4%

3 BR$2,090▲ 11.2%

4 BR$2,550▲ 14.9%

FY2027 FY2026

Where 27104 sits in the Winston-Salem, NC area

Of the 62 ZIP codes HUD lists for the area, 27104 has the 4th 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 $1,431 and $1,749 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,290	$1,161 – $1,419	$1,079	$1,160
1 bedroom	$1,460	$1,314 – $1,606	$1,224	$1,260
2 bedrooms	$1,590	$1,431 – $1,749	$1,332	$1,440
3 bedrooms	$2,090	$1,881 – $2,299	$1,754	$1,880
4 bedrooms	$2,550	$2,295 – $2,805	$2,135	$2,220

A household renting a two-bedroom home at the Small Area FMR of $1,590 needs about $63,600 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 27104 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
27103	Winston-Salem	2.5 mi	$1,550
27106	Winston-Salem	3.5 mi	$1,500
27109	Winston-Salem	3.8 mi	$1,500
27110	Winston-Salem	5.5 mi	$1,260
27127	Winston-Salem	5.6 mi	$1,400
27040	Pfafftown	6.5 mi	$1,850

Questions

What is the Fair Market Rent for ZIP code 27104?

HUD's FY2027 Small Area Fair Market Rents for 27104 are $1,290 (studio), $1,460 (1 BR), $1,590 (2 BR), $2,090 (3 BR) and $2,550 (4 BR) a month.

What is the Section 8 payment standard in 27104?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27104 that range is $1,431 to $1,749 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27104?

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.