FY2027 Small Area FMR · Oak City, NC

ZIP 27857 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27857 (Oak City, NC) is $1,130 a month, up 9.7% from FY2026. That is 12% above the Martin County, NC area-wide FMR of $1,012.

2-bedroom SAFMR$1,130per month ▲ 9.7%

Area-wide 2 BR FMR$1,012Martin County, NC

Rank in the area1stof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$860▲ 10.3%

1 BR$860▲ 10.3%

2 BR$1,130▲ 9.7%

3 BR$1,480▲ 8.8%

4 BR$1,490▲ 9.6%

FY2027 FY2026

Where 27857 sits in the Martin County, NC area

Of the 13 ZIP codes HUD lists for the area, 27857 has the 1st highest two-bedroom Small Area FMR. Martin 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 $1,130 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	$860	$774 – $946	$769	$780
1 bedroom	$860	$774 – $946	$774	$780
2 bedrooms	$1,130	$1,017 – $1,243	$1,012	$1,030
3 bedrooms	$1,480	$1,332 – $1,628	$1,325	$1,360
4 bedrooms	$1,490	$1,341 – $1,639	$1,330	$1,360

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 a year to keep housing costs at 30% of income. The area median family income is $69,400 and the 80% low-income limit for four people is $62,650. ZIP code 27857 lies mainly in Martin County. See the Martin County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
27840	Hamilton	4.1 mi	$1,120
27841	Hassell	4.5 mi	$1,060
27843	Hobgood	6.5 mi	$1,030
27849	Lewiston Woodville	8.2 mi	$1,230
27881	Speed	8.4 mi	$1,040
27861	Parmele	11.1 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 27857?

HUD's FY2027 Small Area Fair Market Rents for 27857 are $860 (studio), $860 (1 BR), $1,130 (2 BR), $1,480 (3 BR) and $1,490 (4 BR) a month.

What is the Section 8 payment standard in 27857?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27857 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27857?

The FY2026 income limits of the Martin County, NC area apply: median family income $69,400, low-income (80%) limit $62,650 for a family of four.