FY2027 Small Area FMR · Durham, NC

ZIP 27701 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27701 (Durham, NC) is $1,590 a month, down 5.9% from FY2026. That is 9% below the Durham-Chapel Hill, NC area-wide FMR of $1,745.

2-bedroom SAFMR$1,590per month ▼ 5.9%

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

Rank in the area30thof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,431

2 BR Small Area FMR$1,590

110% of SAFMR$1,749

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

Studio$1,360▼ 2.9%

1 BR$1,420▼ 4.1%

2 BR$1,590▼ 5.9%

3 BR$1,970▼ 6.6%

4 BR$2,280▼ 9.9%

FY2027 FY2026

Where 27701 sits in the Durham-Chapel Hill, NC area

Of the 51 ZIP codes HUD lists for the area, 27701 has the 30th 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 $1,590 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	$1,360	$1,224 – $1,496	$1,498	$1,400
1 bedroom	$1,420	$1,278 – $1,562	$1,554	$1,480
2 bedrooms	$1,590	$1,431 – $1,749	$1,745	$1,690
3 bedrooms	$1,970	$1,773 – $2,167	$2,161	$2,110
4 bedrooms	$2,280	$2,052 – $2,508	$2,486	$2,530

A household renting a two-bedroom home at the Small Area FMR of $1,590 needs about $63,600 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 27701 lies mainly in 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
27708	Durham	2.5 mi	$1,750
27707	Durham	4.4 mi	$1,740
27704	Durham	4.9 mi	$1,660
27705	Durham	5.0 mi	$1,750
27703	Durham	5.5 mi	$1,830
27709	Durham	6.3 mi	$1,770

Questions

What is the Fair Market Rent for ZIP code 27701?

HUD's FY2027 Small Area Fair Market Rents for 27701 are $1,360 (studio), $1,420 (1 BR), $1,590 (2 BR), $1,970 (3 BR) and $2,280 (4 BR) a month.

What is the Section 8 payment standard in 27701?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27701 that range is $1,431 to $1,749 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27701?

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.