FY2027 Small Area FMR · Fontana Dam, NC

ZIP 28733 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28733 (Fontana Dam, NC) is $1,050 a month, up 10.5% from FY2026. That is 4% above the Graham County, NC area-wide FMR of $1,012.

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

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

Rank in the area1stof 4 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$900▲ 11.1%

1 BR$940▲ 9.3%

2 BR$1,050▲ 10.5%

3 BR$1,390▲ 12.1%

4 BR$1,560▲ 11.4%

FY2027 FY2026

Where 28733 sits in the Graham County, NC area

Of the 4 ZIP codes HUD lists for the area, 28733 has the 1st highest two-bedroom Small Area FMR. Graham 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	$900	$810 – $990	$864	$810
1 bedroom	$940	$846 – $1,034	$915	$860
2 bedrooms	$1,050	$945 – $1,155	$1,012	$950
3 bedrooms	$1,390	$1,251 – $1,529	$1,356	$1,240
4 bedrooms	$1,560	$1,404 – $1,716	$1,531	$1,400

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 $67,400 and the 80% low-income limit for four people is $62,650. ZIP code 28733 lies mainly in Graham County. See the Graham County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
28771	Robbinsville	5.9 mi	$1,010
28702	Almond	11.9 mi	$1,030
37882	Townsend	11.9 mi	$1,280
37878	Tallassee	14.0 mi	$1,320
28901	Andrews	15.9 mi	$1,010
28781	Topton	17.4 mi	$1,020

Questions

What is the Fair Market Rent for ZIP code 28733?

HUD's FY2027 Small Area Fair Market Rents for 28733 are $900 (studio), $940 (1 BR), $1,050 (2 BR), $1,390 (3 BR) and $1,560 (4 BR) a month.

What is the Section 8 payment standard in 28733?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28733 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 28733?

The FY2026 income limits of the Graham County, NC area apply: median family income $67,400, low-income (80%) limit $62,650 for a family of four.