FY2027 Small Area FMR · Winfall, NC

ZIP 27985 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 27985 (Winfall, NC) is $1,190 a month, up 7.2% from FY2026. That is 14% above the Perquimans County, NC area-wide FMR of $1,040.

2-bedroom SAFMR$1,190per month ▲ 7.2%

Area-wide 2 BR FMR$1,040Perquimans County, NC

Rank in the area5thof 6 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,071

2 BR Small Area FMR$1,190

110% of SAFMR$1,309

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

Studio$900▲ 1.1%

1 BR$910▲ 2.2%

2 BR$1,190▲ 7.2%

3 BR$1,650▲ 7.1%

4 BR$1,760▲ 14.3%

FY2027 FY2026

Where 27985 sits in the Perquimans County, NC area

Of the 6 ZIP codes HUD lists for the area, 27985 has the 5th highest two-bedroom Small Area FMR. Perquimans 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 $1,040 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 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	$900	$810 – $990	$790	$890
1 bedroom	$910	$819 – $1,001	$795	$890
2 bedrooms	$1,190	$1,071 – $1,309	$1,040	$1,110
3 bedrooms	$1,650	$1,485 – $1,815	$1,440	$1,540
4 bedrooms	$1,760	$1,584 – $1,936	$1,539	$1,540

A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $90,400 and the 80% low-income limit for four people is $72,300. ZIP code 27985 lies mainly in Perquimans County. See the Perquimans County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
27944	Hertford	2.9 mi	$1,060
27919	Belvidere	7.2 mi	$1,540
27980	Tyner	9.4 mi	$1,240
27932	Edenton	11.5 mi	$1,320
27909	Elizabeth City	11.7 mi	$1,220
27946	Hobbsville	13.2 mi	$1,640

Questions

What is the Fair Market Rent for ZIP code 27985?

HUD's FY2027 Small Area Fair Market Rents for 27985 are $900 (studio), $910 (1 BR), $1,190 (2 BR), $1,650 (3 BR) and $1,760 (4 BR) a month.

What is the Section 8 payment standard in 27985?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 27985 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 27985?

The FY2026 income limits of the Perquimans County, NC area apply: median family income $90,400, low-income (80%) limit $72,300 for a family of four.