FY2027 Small Area FMR · Linville Falls, NC

ZIP 28647 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28647 (Linville Falls, NC) is $1,150 a month, up 6.5% from FY2026. That is 0% equal to the Hickory-Lenoir-Morganton, NC area-wide FMR of $1,147.

2-bedroom SAFMR$1,150per month ▲ 6.5%

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

Rank in the area19thof 43 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,035

2 BR Small Area FMR$1,150

110% of SAFMR$1,265

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

Studio$960▲ 12.9%

1 BR$970▲ 7.8%

2 BR$1,150▲ 6.5%

3 BR$1,400▲ 3.7%

4 BR$1,710▲ 4.3%

FY2027 FY2026

Where 28647 sits in the Hickory-Lenoir-Morganton, NC area

Of the 43 ZIP codes HUD lists for the area, 28647 has the 19th 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 $1,150 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	$970	$873 – $1,067	$965	$900
2 bedrooms	$1,150	$1,035 – $1,265	$1,147	$1,080
3 bedrooms	$1,400	$1,260 – $1,540	$1,399	$1,350
4 bedrooms	$1,710	$1,539 – $1,881	$1,707	$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,150 needs about $46,000 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 28647 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
28641	Jonas Ridge	5.0 mi	$1,010
28777	Spruce Pine	5.8 mi	$1,010
28657	Newland	6.0 mi	$1,010
28616	Crossnore	6.6 mi	$1,010
28662	Pineola	7.1 mi	$1,010
28664	Plumtree	7.5 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 28647?

HUD's FY2027 Small Area Fair Market Rents for 28647 are $960 (studio), $970 (1 BR), $1,150 (2 BR), $1,400 (3 BR) and $1,710 (4 BR) a month.

What is the Section 8 payment standard in 28647?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28647 that range is $1,035 to $1,265 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28647?

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.