FY2027 Small Area FMR · Alamance, NC

ZIP 27201 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27201 (Alamance, NC) is $1,500 a month, up 2.0% from FY2026. That is 11% above the Burlington, NC area-wide FMR of $1,348.

2-bedroom SAFMR$1,500per month ▲ 2.0%

Area-wide 2 BR FMR$1,348Burlington, NC

Rank in the area5thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,350

2 BR Small Area FMR$1,500

110% of SAFMR$1,650

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

Studio$1,210▲ 11.0%

1 BR$1,380▲ 3.0%

2 BR$1,500▲ 2.0%

3 BR$1,850▲ 1.6%

4 BR$2,320▲ 7.9%

FY2027 FY2026

Where 27201 sits in the Burlington, NC area

Of the 17 ZIP codes HUD lists for the area, 27201 has the 5th highest two-bedroom Small Area FMR. Burlington, 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 $1,348 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,500 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	$1,210	$1,089 – $1,331	$1,076	$1,090
1 bedroom	$1,380	$1,242 – $1,518	$1,238	$1,340
2 bedrooms	$1,500	$1,350 – $1,650	$1,348	$1,470
3 bedrooms	$1,850	$1,665 – $2,035	$1,658	$1,820
4 bedrooms	$2,320	$2,088 – $2,552	$2,088	$2,150

A household renting a two-bedroom home at the Small Area FMR of $1,500 needs about $60,000 a year to keep housing costs at 30% of income. The area median family income is $88,600 and the 80% low-income limit for four people is $70,900. ZIP code 27201 lies mainly in Alamance County. See the Burlington, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
27215	Burlington	0.6 mi	$1,500
27377	Whitsett	7.1 mi	$1,470
27342	Sedalia	8.1 mi	$1,070
27253	Graham	9.0 mi	$1,300
27249	Gibsonville	9.9 mi	$1,060
27349	Snow Camp	9.9 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 27201?

HUD's FY2027 Small Area Fair Market Rents for 27201 are $1,210 (studio), $1,380 (1 BR), $1,500 (2 BR), $1,850 (3 BR) and $2,320 (4 BR) a month.

What is the Section 8 payment standard in 27201?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27201 that range is $1,350 to $1,650 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27201?

The FY2026 income limits of the Burlington, NC area apply: median family income $88,600, low-income (80%) limit $70,900 for a family of four.