FY2027 Small Area FMR · Merritt, NC
ZIP 28556 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28556 (Merritt, NC) is $1,260 a month, up 9.6% from FY2026. That is 16% above the Pamlico County, NC area-wide FMR of $1,088.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 28556 sits in the Pamlico County, NC area
Of the 11 ZIP codes HUD lists for the area, 28556 has the 3rd highest two-bedroom Small Area FMR. Pamlico 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 $1,088 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,260 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,010 | $909 – $1,111 | $872 | $920 |
| 1 bedroom | $1,020 | $918 – $1,122 | $878 | $930 |
| 2 bedrooms | $1,260 | $1,134 – $1,386 | $1,088 | $1,150 |
| 3 bedrooms | $1,520 | $1,368 – $1,672 | $1,309 | $1,380 |
| 4 bedrooms | $1,910 | $1,719 – $2,101 | $1,646 | $1,730 |
A household renting a two-bedroom home at the Small Area FMR of $1,260 needs about $50,400 a year to keep housing costs at 30% of income. The area median family income is $90,700 and the 80% low-income limit for four people is $72,550. ZIP code 28556 lies mainly in Pamlico County. See the Pamlico County, NC county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 28556?
HUD's FY2027 Small Area Fair Market Rents for 28556 are $1,010 (studio), $1,020 (1 BR), $1,260 (2 BR), $1,520 (3 BR) and $1,910 (4 BR) a month.
What is the Section 8 payment standard in 28556?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28556 that range is $1,134 to $1,386 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 28556?
The FY2026 income limits of the Pamlico County, NC area apply: median family income $90,700, low-income (80%) limit $72,550 for a family of four.