FY2027 Small Area FMR · Glen Alpine, NC

ZIP 28628 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28628 (Glen Alpine, NC) is $1,140 a month, up 4.6% from FY2026. That is 1% below the Hickory-Lenoir-Morganton, NC area-wide FMR of $1,147.

2-bedroom SAFMR$1,140per month ▲ 4.6%

Area-wide 2 BR FMR$1,147Hickory-Lenoir-Morganton, NC

Rank in the area21stof 43 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,026

2 BR Small Area FMR$1,140

110% of SAFMR$1,254

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

Studio$960▲ 12.9%

1 BR$960▲ 6.7%

2 BR$1,140▲ 4.6%

3 BR$1,390▲ 1.5%

4 BR$1,700▲ 3.0%

FY2027 FY2026

Where 28628 sits in the Hickory-Lenoir-Morganton, NC area

Of the 43 ZIP codes HUD lists for the area, 28628 has the 21st highest two-bedroom Small Area FMR. Hickory-Lenoir-Morganton, 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 $1,147 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,140 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	$960	$864 – $1,056	$961	$850
1 bedroom	$960	$864 – $1,056	$965	$900
2 bedrooms	$1,140	$1,026 – $1,254	$1,147	$1,090
3 bedrooms	$1,390	$1,251 – $1,529	$1,399	$1,370
4 bedrooms	$1,700	$1,530 – $1,870	$1,707	$1,650

A household renting a two-bedroom home at the Small Area FMR of $1,140 needs about $45,600 a year to keep housing costs at 30% of income. The area median family income is $85,200 and the 80% low-income limit for four people is $68,150. ZIP code 28628 lies mainly in Burke County. See the Hickory-Lenoir-Morganton, NC metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
28655	Morganton	3.2 mi	$1,660
28761	Nebo	7.3 mi	$1,170
28619	Drexel	10.5 mi	$1,010
28690	Valdese	11.8 mi	$1,200
28752	Marion	14.1 mi	$1,010
28671	Rutherford College	14.5 mi	$1,140

Questions

What is the Fair Market Rent for ZIP code 28628?

HUD's FY2027 Small Area Fair Market Rents for 28628 are $960 (studio), $960 (1 BR), $1,140 (2 BR), $1,390 (3 BR) and $1,700 (4 BR) a month.

What is the Section 8 payment standard in 28628?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28628 that range is $1,026 to $1,254 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28628?

The FY2026 income limits of the Hickory-Lenoir-Morganton, NC area apply: median family income $85,200, low-income (80%) limit $68,150 for a family of four.