FY2027 Small Area FMR · Little Switzerland, NC

ZIP 28749 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28749 (Little Switzerland, NC) is $1,010 a month, up 8.6% from FY2026. That is 0% equal to the McDowell County, NC area-wide FMR of $1,012.

2-bedroom SAFMR$1,010per month ▲ 8.6%

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

Rank in the area7thof 10 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$820▲ 9.3%

1 BR$850▲ 11.8%

2 BR$1,010▲ 8.6%

3 BR$1,270▲ 8.5%

4 BR$1,350▲ 8.9%

FY2027 FY2026

Where 28749 sits in the McDowell County, NC area

Of the 10 ZIP codes HUD lists for the area, 28749 has the 7th highest two-bedroom Small Area FMR. McDowell 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 $1,010 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	$820	$738 – $902	$864	$750
1 bedroom	$850	$765 – $935	$910	$760
2 bedrooms	$1,010	$909 – $1,111	$1,012	$930
3 bedrooms	$1,270	$1,143 – $1,397	$1,289	$1,170
4 bedrooms	$1,350	$1,215 – $1,485	$1,330	$1,240

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 $75,700 and the 80% low-income limit for four people is $62,650. ZIP code 28749 lies mainly in McDowell County and Mitchell County. See the McDowell County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
28777	Spruce Pine	4.7 mi	$1,010
28755	Micaville	8.0 mi	$1,050
28752	Marion	9.7 mi	$1,010
28714	Burnsville	12.0 mi	$1,660
28705	Bakersville	13.8 mi	$1,120
28641	Jonas Ridge	14.6 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 28749?

HUD's FY2027 Small Area Fair Market Rents for 28749 are $820 (studio), $850 (1 BR), $1,010 (2 BR), $1,270 (3 BR) and $1,350 (4 BR) a month.

What is the Section 8 payment standard in 28749?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28749 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 28749?

The FY2026 income limits of the McDowell County, NC area apply: median family income $75,700, low-income (80%) limit $62,650 for a family of four.