FY2027 Small Area FMR · Eure, NC

ZIP 27935 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27935 (Eure, NC) is $1,540 a month, unchanged from FY2026. That is 8% below the Gates County, NC area-wide FMR of $1,665.

2-bedroom SAFMR$1,540per month ■ 0.0%

Area-wide 2 BR FMR$1,665Gates County, NC

Rank in the area7thof 8 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,386

2 BR Small Area FMR$1,540

110% of SAFMR$1,694

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

Studio$1,350▲ 7.1%

1 BR$1,370▲ 4.6%

2 BR$1,540■ 0.0%

3 BR$2,130▲ 1.4%

4 BR$2,520▲ 5.4%

FY2027 FY2026

Where 27935 sits in the Gates County, NC area

Of the 8 ZIP codes HUD lists for the area, 27935 has the 7th highest two-bedroom Small Area FMR. Gates 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 $1,665 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,540 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	$1,350	$1,215 – $1,485	$1,468	$1,260
1 bedroom	$1,370	$1,233 – $1,507	$1,489	$1,310
2 bedrooms	$1,540	$1,386 – $1,694	$1,665	$1,540
3 bedrooms	$2,130	$1,917 – $2,343	$2,291	$2,100
4 bedrooms	$2,520	$2,268 – $2,772	$2,708	$2,390

A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 a year to keep housing costs at 30% of income. The area median family income is $83,900 and the 80% low-income limit for four people is $70,900. ZIP code 27935 lies mainly in Gates County. See the Gates County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
27969	Roduco	3.7 mi	$1,900
27986	Winton	4.0 mi	$1,050
27937	Gates	7.0 mi	$1,900
27922	Cofield	8.0 mi	$1,010
27938	Gatesville	9.0 mi	$1,710
27818	Como	9.6 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 27935?

HUD's FY2027 Small Area Fair Market Rents for 27935 are $1,350 (studio), $1,370 (1 BR), $1,540 (2 BR), $2,130 (3 BR) and $2,520 (4 BR) a month.

What is the Section 8 payment standard in 27935?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27935 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27935?

The FY2026 income limits of the Gates County, NC area apply: median family income $83,900, low-income (80%) limit $70,900 for a family of four.