FY2027 Small Area FMR · Charlotte, NC

ZIP 28269 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28269 (Charlotte, NC) is $2,060 a month, up 3.5% from FY2026. That is 15% above the Charlotte-Concord-Gastonia, NC-SC area-wide FMR of $1,785.

2-bedroom SAFMR$2,060per month ▲ 3.5%

Area-wide 2 BR FMR$1,785Charlotte-Concord-Gastonia,

Rank in the area14thof 129 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,854

2 BR Small Area FMR$2,060

110% of SAFMR$2,266

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

Studio$1,820▲ 5.2%

1 BR$1,890▲ 3.8%

2 BR$2,060▲ 3.5%

3 BR$2,520▲ 2.9%

4 BR$3,200▲ 2.9%

FY2027 FY2026

Where 28269 sits in the Charlotte-Concord-Gastonia, NC-SC area

Of the 129 ZIP codes HUD lists for the area, 28269 has the 14th 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 $1,854 and $2,266 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,820	$1,638 – $2,002	$1,574	$1,730
1 bedroom	$1,890	$1,701 – $2,079	$1,640	$1,820
2 bedrooms	$2,060	$1,854 – $2,266	$1,785	$1,990
3 bedrooms	$2,520	$2,268 – $2,772	$2,179	$2,450
4 bedrooms	$3,200	$2,880 – $3,520	$2,773	$3,110

A household renting a two-bedroom home at the Small Area FMR of $2,060 needs about $82,400 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 28269 lies mainly in Mecklenburg County and Cabarrus County. See the Charlotte-Concord-Gastonia, NC-SC metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
28262	Charlotte	3.7 mi	$2,060
28223	Charlotte	4.9 mi	$1,920
28216	Charlotte	5.2 mi	$1,840
28213	Charlotte	5.2 mi	$1,650
28206	Charlotte	5.7 mi	$1,580
28078	Huntersville	5.8 mi	$2,150

Questions

What is the Fair Market Rent for ZIP code 28269?

HUD's FY2027 Small Area Fair Market Rents for 28269 are $1,820 (studio), $1,890 (1 BR), $2,060 (2 BR), $2,520 (3 BR) and $3,200 (4 BR) a month.

What is the Section 8 payment standard in 28269?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28269 that range is $1,854 to $2,266 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28269?

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.