FY2027 Small Area FMR · Chapel Hill, NC

ZIP 27517 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27517 (Chapel Hill, NC) is $1,890 a month, down 2.6% from FY2026. That is 8% above the Durham-Chapel Hill, NC area-wide FMR of $1,745.

2-bedroom SAFMR$1,890per month ▼ 2.6%

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

Rank in the area11thof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,701

2 BR Small Area FMR$1,890

110% of SAFMR$2,079

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

Studio$1,620▲ 0.6%

1 BR$1,680▼ 1.2%

2 BR$1,890▼ 2.6%

3 BR$2,340▼ 3.3%

4 BR$2,690▼ 7.2%

FY2027 FY2026

Where 27517 sits in the Durham-Chapel Hill, NC area

Of the 51 ZIP codes HUD lists for the area, 27517 has the 11th 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 $1,890 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	$1,620	$1,458 – $1,782	$1,498	$1,610
1 bedroom	$1,680	$1,512 – $1,848	$1,554	$1,700
2 bedrooms	$1,890	$1,701 – $2,079	$1,745	$1,940
3 bedrooms	$2,340	$2,106 – $2,574	$2,161	$2,420
4 bedrooms	$2,690	$2,421 – $2,959	$2,486	$2,900

A household renting a two-bedroom home at the Small Area FMR of $1,890 needs about $75,600 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 27517 lies mainly in Chatham County, Orange County and Durham 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	5.6 mi	$1,820
27523	Apex	6.5 mi	$2,080
27713	Durham	6.5 mi	$1,920
27519	Cary	8.2 mi	$2,140
27514	Chapel Hill	8.3 mi	$1,980
27516	Chapel Hill	8.3 mi	$1,750

Questions

What is the Fair Market Rent for ZIP code 27517?

HUD's FY2027 Small Area Fair Market Rents for 27517 are $1,620 (studio), $1,680 (1 BR), $1,890 (2 BR), $2,340 (3 BR) and $2,690 (4 BR) a month.

What is the Section 8 payment standard in 27517?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27517 that range is $1,701 to $2,079 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27517?

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.