FY2027 Small Area FMR · Cordova, NC

ZIP 28330 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28330 (Cordova, NC) is $1,050 a month, up 10.5% from FY2026. That is 4% above the Richmond County, NC area-wide FMR of $1,012.

2-bedroom SAFMR$1,050per month ▲ 10.5%

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

Rank in the area5thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945

2 BR Small Area FMR$1,050

110% of SAFMR$1,155

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

Studio$790▲ 8.2%

1 BR$820▼ 2.4%

2 BR$1,050▲ 10.5%

3 BR$1,400▲ 6.1%

4 BR$1,590▲ 10.4%

FY2027 FY2026

Where 28330 sits in the Richmond County, NC area

Of the 12 ZIP codes HUD lists for the area, 28330 has the 5th highest two-bedroom Small Area FMR. Richmond 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 $1,050 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	$790	$711 – $869	$757	$730
1 bedroom	$820	$738 – $902	$786	$840
2 bedrooms	$1,050	$945 – $1,155	$1,012	$950
3 bedrooms	$1,400	$1,260 – $1,540	$1,352	$1,320
4 bedrooms	$1,590	$1,431 – $1,749	$1,531	$1,440

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $62,000 and the 80% low-income limit for four people is $62,650. ZIP code 28330 lies mainly in Richmond County. See the Richmond County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
28379	Rockingham	2.8 mi	$1,050
28091	Lilesville	8.3 mi	$1,130
28345	Hamlet	9.3 mi	$1,010
28102	Mc Farlan	10.9 mi	$1,160
29596	Wallace	11.4 mi	$1,010
28119	Morven	11.8 mi	$1,240

Questions

What is the Fair Market Rent for ZIP code 28330?

HUD's FY2027 Small Area Fair Market Rents for 28330 are $790 (studio), $820 (1 BR), $1,050 (2 BR), $1,400 (3 BR) and $1,590 (4 BR) a month.

What is the Section 8 payment standard in 28330?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28330 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28330?

The FY2026 income limits of the Richmond County, NC area apply: median family income $62,000, low-income (80%) limit $62,650 for a family of four.