FY2027 Small Area FMR · Highlands, NC
ZIP 28741 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28741 (Highlands, NC) is $1,290 a month, up 4.9% from FY2026. That is 24% above the Jackson County, NC area-wide FMR of $1,039.
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 28741 sits in the Jackson County, NC area
Of the 14 ZIP codes HUD lists for the area, 28741 has the 5th highest two-bedroom Small Area FMR. Jackson 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 $1,039 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,290 for this ZIP code instead.
ZIP code 28741 crosses more than one HUD area. HUD also lists it under Macon County, NC (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $910 | $819 – $1,001 | $916 | $870 |
| 1 bedroom | $1,090 | $981 – $1,199 | $954 | $1,040 |
| 2 bedrooms | $1,290 | $1,161 – $1,419 | $1,039 | $1,230 |
| 3 bedrooms | $1,570 | $1,413 – $1,727 | $1,360 | $1,490 |
| 4 bedrooms | $1,690 | $1,521 – $1,859 | $1,366 | $1,660 |
A household renting a two-bedroom home at the Small Area FMR of $1,290 needs about $51,600 a year to keep housing costs at 30% of income. The area median family income is $78,200 and the 80% low-income limit for four people is $62,650. ZIP code 28741 lies mainly in Macon County and Jackson County. See the Jackson 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 28741?
HUD's FY2027 Small Area Fair Market Rents for 28741 are $910 (studio), $1,090 (1 BR), $1,290 (2 BR), $1,570 (3 BR) and $1,690 (4 BR) a month.
What is the Section 8 payment standard in 28741?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28741 that range is $1,161 to $1,419 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 28741?
The FY2026 income limits of the Jackson County, NC area apply: median family income $78,200, low-income (80%) limit $62,650 for a family of four.