Income Limits by County

FY2027 Small Area FMR · Alexis, NC

ZIP 28006 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28006 (Alexis, NC) is $1,310 a month, up 5.6% from FY2026. That is 27% below the Charlotte-Concord-Gastonia, NC-SC area-wide FMR of $1,785.

2-bedroom SAFMR$1,310per month ▲ 5.6%
Area-wide 2 BR FMR$1,785Charlotte-Concord-Gastonia,
Rank in the area110thof 129 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,179
2 BR Small Area FMR$1,310
110% of SAFMR$1,441

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

FY2027 FY2026

Where 28006 sits in the Charlotte-Concord-Gastonia, NC-SC area

$1,010$2,680median $1,890

Of the 129 ZIP codes HUD lists for the area, 28006 has the 110th highest two-bedroom Small Area FMR. Charlotte-Concord-Gastonia, NC-SC is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,179 and $1,441 for two bedrooms.

ZIP code 28006 crosses more than one HUD area. HUD also lists it under Lincoln County, NC (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,160$1,044 – $1,276$1,574$1,080
1 bedroom$1,200$1,080 – $1,320$1,640$1,130
2 bedrooms$1,310$1,179 – $1,441$1,785$1,240
3 bedrooms$1,730$1,557 – $1,903$2,179$1,640
4 bedrooms$2,130$1,917 – $2,343$2,773$2,020

A household renting a two-bedroom home at the Small Area FMR of $1,310 needs about $52,400 a year to keep housing costs at 30% of income. The area median family income is $117,400 and the 80% low-income limit for four people is $93,900. ZIP code 28006 lies mainly in Gaston County and Lincoln County. See the Charlotte-Concord-Gastonia, NC-SC metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
28080Iron Station3.3 mi$1,330
28164Stanley3.4 mi$1,350
28077High Shoals6.2 mi$1,080
28034Dallas6.3 mi$1,070
28120Mount Holly6.8 mi$1,460
28037Denver7.2 mi$1,320

Questions

What is the Fair Market Rent for ZIP code 28006?

HUD's FY2027 Small Area Fair Market Rents for 28006 are $1,160 (studio), $1,200 (1 BR), $1,310 (2 BR), $1,730 (3 BR) and $2,130 (4 BR) a month.

What is the Section 8 payment standard in 28006?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28006 that range is $1,179 to $1,441 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28006?

The FY2026 income limits of the Charlotte-Concord-Gastonia, NC-SC area apply: median family income $117,400, low-income (80%) limit $93,900 for a family of four.