FY2027 Small Area FMR · Durham, NC

ZIP 27708 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27708 (Durham, NC) is $1,750 a month, up 2.9% from FY2026. That is 0% equal to the Durham-Chapel Hill, NC area-wide FMR of $1,745.

2-bedroom SAFMR$1,750per month ▲ 2.9%

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

Rank in the area23rdof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,575

2 BR Small Area FMR$1,750

110% of SAFMR$1,925

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

Studio$1,500▲ 6.4%

1 BR$1,560▲ 4.0%

2 BR$1,750▲ 2.9%

3 BR$2,170▲ 2.8%

4 BR$2,490▼ 1.6%

FY2027 FY2026

Where 27708 sits in the Durham-Chapel Hill, NC area

Of the 51 ZIP codes HUD lists for the area, 27708 has the 23rd 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 $1,750 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	$1,500	$1,350 – $1,650	$1,498	$1,410
1 bedroom	$1,560	$1,404 – $1,716	$1,554	$1,500
2 bedrooms	$1,750	$1,575 – $1,925	$1,745	$1,700
3 bedrooms	$2,170	$1,953 – $2,387	$2,161	$2,110
4 bedrooms	$2,490	$2,241 – $2,739	$2,486	$2,530

A household renting a two-bedroom home at the Small Area FMR of $1,750 needs about $70,000 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 27708 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
27701	Durham	2.5 mi	$1,590
27705	Durham	3.3 mi	$1,750
27712	Durham	4.7 mi	$2,010
27707	Durham	5.4 mi	$1,740
27704	Durham	5.4 mi	$1,660
27703	Durham	7.9 mi	$1,830

Questions

What is the Fair Market Rent for ZIP code 27708?

HUD's FY2027 Small Area Fair Market Rents for 27708 are $1,500 (studio), $1,560 (1 BR), $1,750 (2 BR), $2,170 (3 BR) and $2,490 (4 BR) a month.

What is the Section 8 payment standard in 27708?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27708 that range is $1,575 to $1,925 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27708?

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.