FY2027 Small Area FMR · Jonas Ridge, NC

ZIP 28641 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28641 (Jonas Ridge, NC) is $1,010 a month, up 6.3% from FY2026. That is 12% below the Hickory-Lenoir-Morganton, NC area-wide FMR of $1,147.

2-bedroom SAFMR$1,010per month ▲ 6.3%

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

Rank in the area34thof 43 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$780▲ 5.4%

1 BR$820▲ 6.5%

2 BR$1,010▲ 6.3%

3 BR$1,340▲ 10.7%

4 BR$1,530▲ 7.7%

FY2027 FY2026

Where 28641 sits in the Hickory-Lenoir-Morganton, NC area

Of the 43 ZIP codes HUD lists for the area, 28641 has the 34th 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 $1,010 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	$780	$702 – $858	$961	$740
1 bedroom	$820	$738 – $902	$965	$770
2 bedrooms	$1,010	$909 – $1,111	$1,147	$950
3 bedrooms	$1,340	$1,206 – $1,474	$1,399	$1,210
4 bedrooms	$1,530	$1,377 – $1,683	$1,707	$1,420

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 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 28641 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
28662	Pineola	3.4 mi	$1,010
28616	Crossnore	3.8 mi	$1,010
28657	Newland	4.3 mi	$1,010
28653	Montezuma	6.4 mi	$1,010
28646	Linville	7.4 mi	$1,120
28664	Plumtree	7.8 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 28641?

HUD's FY2027 Small Area Fair Market Rents for 28641 are $780 (studio), $820 (1 BR), $1,010 (2 BR), $1,340 (3 BR) and $1,530 (4 BR) a month.

What is the Section 8 payment standard in 28641?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28641 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28641?

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.