FY2027 Small Area FMR · Chapel Hill, NC

ZIP 27599 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27599 (Chapel Hill, NC) is $1,760 a month, up 1.7% from FY2026. That is 1% above the Durham-Chapel Hill, NC area-wide FMR of $1,745.

2-bedroom SAFMR$1,760per month ▲ 1.7%

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

Rank in the area21stof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,584

2 BR Small Area FMR$1,760

110% of SAFMR$1,936

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

Studio$1,510▲ 4.9%

1 BR$1,570▲ 3.3%

2 BR$1,760▲ 1.7%

3 BR$2,180▲ 0.9%

4 BR$2,510▼ 3.5%

FY2027 FY2026

Where 27599 sits in the Durham-Chapel Hill, NC area

Of the 51 ZIP codes HUD lists for the area, 27599 has the 21st 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 $1,760 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	$1,510	$1,359 – $1,661	$1,498	$1,440
1 bedroom	$1,570	$1,413 – $1,727	$1,554	$1,520
2 bedrooms	$1,760	$1,584 – $1,936	$1,745	$1,730
3 bedrooms	$2,180	$1,962 – $2,398	$2,161	$2,160
4 bedrooms	$2,510	$2,259 – $2,761	$2,486	$2,600

A household renting a two-bedroom home at the Small Area FMR of $1,760 needs about $70,400 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 27599 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
27278	Hillsborough	2.8 mi	$1,620
27243	Efland	5.1 mi	$1,540
27514	Chapel Hill	6.7 mi	$1,980
27705	Durham	7.3 mi	$1,750
27510	Carrboro	9.5 mi	$1,820
27258	Haw River	10.1 mi	$1,220

Questions

What is the Fair Market Rent for ZIP code 27599?

HUD's FY2027 Small Area Fair Market Rents for 27599 are $1,510 (studio), $1,570 (1 BR), $1,760 (2 BR), $2,180 (3 BR) and $2,510 (4 BR) a month.

What is the Section 8 payment standard in 27599?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27599 that range is $1,584 to $1,936 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27599?

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.