FY2027 Small Area FMR · Chapel Hill, NC

ZIP 27514 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27514 (Chapel Hill, NC) is $1,980 a month, up 3.7% from FY2026. That is 13% above the Durham-Chapel Hill, NC area-wide FMR of $1,745.

2-bedroom SAFMR$1,980per month ▲ 3.7%

Area-wide 2 BR FMR$1,745Durham-Chapel Hill, NC

Rank in the area7thof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,782

2 BR Small Area FMR$1,980

110% of SAFMR$2,178

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

Studio$1,700▲ 7.6%

1 BR$1,760▲ 4.8%

2 BR$1,980▲ 3.7%

3 BR$2,450▲ 3.8%

4 BR$2,820▲ 1.8%

FY2027 FY2026

Where 27514 sits in the Durham-Chapel Hill, NC area

Of the 51 ZIP codes HUD lists for the area, 27514 has the 7th highest two-bedroom Small Area FMR. Durham-Chapel Hill, 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 $1,745 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,980 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	$1,700	$1,530 – $1,870	$1,498	$1,580
1 bedroom	$1,760	$1,584 – $1,936	$1,554	$1,680
2 bedrooms	$1,980	$1,782 – $2,178	$1,745	$1,910
3 bedrooms	$2,450	$2,205 – $2,695	$2,161	$2,360
4 bedrooms	$2,820	$2,538 – $3,102	$2,486	$2,770

A household renting a two-bedroom home at the Small Area FMR of $1,980 needs about $79,200 a year to keep housing costs at 30% of income. The area median family income is $129,900 and the 80% low-income limit for four people is $101,700. ZIP code 27514 lies mainly in Orange County. See the Durham-Chapel Hill, NC metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
27510	Carrboro	3.9 mi	$1,820
27707	Durham	5.6 mi	$1,740
27705	Durham	5.6 mi	$1,750
27599	Chapel Hill	6.7 mi	$1,760
27516	Chapel Hill	7.1 mi	$1,750
27517	Chapel Hill	8.3 mi	$1,890

Questions

What is the Fair Market Rent for ZIP code 27514?

HUD's FY2027 Small Area Fair Market Rents for 27514 are $1,700 (studio), $1,760 (1 BR), $1,980 (2 BR), $2,450 (3 BR) and $2,820 (4 BR) a month.

What is the Section 8 payment standard in 27514?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27514 that range is $1,782 to $2,178 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27514?

The FY2026 income limits of the Durham-Chapel Hill, NC area apply: median family income $129,900, low-income (80%) limit $101,700 for a family of four.