FY2027 Small Area FMR · Four Oaks, NC
ZIP 27524 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27524 (Four Oaks, NC) is $1,220 a month, down 9.6% from FY2026. That is 3% below the Goldsboro, NC area-wide FMR of $1,261.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 27524 sits in the Goldsboro, NC area
Of the 16 ZIP codes HUD lists for the area, 27524 has the 4th highest two-bedroom Small Area FMR. Goldsboro, 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 $1,261 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,220 for this ZIP code instead.
ZIP code 27524 crosses more than one HUD area. HUD also lists it under Raleigh-Cary, NC (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,060 | $954 – $1,166 | $958 | $1,170 |
| 1 bedroom | $1,080 | $972 – $1,188 | $964 | $1,190 |
| 2 bedrooms | $1,220 | $1,098 – $1,342 | $1,261 | $1,350 |
| 3 bedrooms | $1,500 | $1,350 – $1,650 | $1,516 | $1,660 |
| 4 bedrooms | $1,980 | $1,782 – $2,178 | $2,001 | $2,200 |
A household renting a two-bedroom home at the Small Area FMR of $1,220 needs about $48,800 a year to keep housing costs at 30% of income. The area median family income is $70,300 and the 80% low-income limit for four people is $62,650. ZIP code 27524 lies mainly in Johnston County and Wayne County. See the Goldsboro, NC county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 27524?
HUD's FY2027 Small Area Fair Market Rents for 27524 are $1,060 (studio), $1,080 (1 BR), $1,220 (2 BR), $1,500 (3 BR) and $1,980 (4 BR) a month.
What is the Section 8 payment standard in 27524?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27524 that range is $1,098 to $1,342 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 27524?
The FY2026 income limits of the Goldsboro, NC area apply: median family income $70,300, low-income (80%) limit $62,650 for a family of four.