Income Limits by County

FY2027 Small Area FMR · Semora, NC

ZIP 27343 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27343 (Semora, NC) is $1,060 a month, down 3.6% from FY2026. That is 5% above the Person County, NC area-wide FMR of $1,012.

2-bedroom SAFMR$1,060per month ▼ 3.6%
Area-wide 2 BR FMR$1,012Person County, NC
Rank in the area8thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954
2 BR Small Area FMR$1,060
110% of SAFMR$1,166

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

FY2027 FY2026

Where 27343 sits in the Person County, NC area

$1,010$1,540median $1,205

Of the 10 ZIP codes HUD lists for the area, 27343 has the 8th highest two-bedroom Small Area FMR. Person 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 $1,012 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 for this ZIP code instead.

ZIP code 27343 crosses more than one HUD area. HUD also lists it under Caswell County, 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$850$765 – $935$800$890
1 bedroom$850$765 – $935$805$900
2 bedrooms$1,060$954 – $1,166$1,012$1,100
3 bedrooms$1,430$1,287 – $1,573$1,401$1,500
4 bedrooms$1,590$1,431 – $1,749$1,460$1,630

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $85,400 and the 80% low-income limit for four people is $68,300. ZIP code 27343 lies mainly in Person County and Caswell County. See the Person County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
24520Alton6.8 mi$940
27291Leasburg7.1 mi$1,010
27305Milton8.2 mi$1,260
27573Roxboro9.6 mi$1,010
27212Blanch10.6 mi$1,150
24594Sutherlin11.2 mi$940

Questions

What is the Fair Market Rent for ZIP code 27343?

HUD's FY2027 Small Area Fair Market Rents for 27343 are $850 (studio), $850 (1 BR), $1,060 (2 BR), $1,430 (3 BR) and $1,590 (4 BR) a month.

What is the Section 8 payment standard in 27343?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27343 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27343?

The FY2026 income limits of the Person County, NC area apply: median family income $85,400, low-income (80%) limit $68,300 for a family of four.