FY2027 Small Area FMR · Oxford, NC
ZIP 27565 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27565 (Oxford, NC) is $1,140 a month, down 5.0% from FY2026. That is 13% above the Person County, NC area-wide FMR of $1,012.
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 27565 sits in the Person County, NC area
Of the 10 ZIP codes HUD lists for the area, 27565 has the 7th 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 $1,140 for this ZIP code instead.
ZIP code 27565 crosses more than one HUD area. HUD also lists it under Granville County, NC (same figures) and Vance County, 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 | $970 | $873 – $1,067 | $800 | $1,030 |
| 1 bedroom | $1,040 | $936 – $1,144 | $805 | $1,090 |
| 2 bedrooms | $1,140 | $1,026 – $1,254 | $1,012 | $1,200 |
| 3 bedrooms | $1,430 | $1,287 – $1,573 | $1,401 | $1,580 |
| 4 bedrooms | $1,720 | $1,548 – $1,892 | $1,460 | $1,700 |
A household renting a two-bedroom home at the Small Area FMR of $1,140 needs about $45,600 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 27565 lies mainly in Granville County, Vance County and Person County. See the Person County, 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 27565?
HUD's FY2027 Small Area Fair Market Rents for 27565 are $970 (studio), $1,040 (1 BR), $1,140 (2 BR), $1,430 (3 BR) and $1,720 (4 BR) a month.
What is the Section 8 payment standard in 27565?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27565 that range is $1,026 to $1,254 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 27565?
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.