FY2027 Small Area FMR · Otto, NC

ZIP 28763 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28763 (Otto, NC) is $1,010 a month, up 4.1% from FY2026. That is 0% equal to the Macon County, NC area-wide FMR of $1,015.

2-bedroom SAFMR$1,010per month ▲ 4.1%

Area-wide 2 BR FMR$1,015Macon County, NC

Rank in the area6thof 9 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$700▲ 4.5%

1 BR$850▲ 3.7%

2 BR$1,010▲ 4.1%

3 BR$1,230▲ 6.0%

4 BR$1,330▲ 2.3%

FY2027 FY2026

Where 28763 sits in the Macon County, NC area

Of the 9 ZIP codes HUD lists for the area, 28763 has the 6th highest two-bedroom Small Area FMR. Macon 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 $1,015 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	$700	$630 – $770	$707	$670
1 bedroom	$850	$765 – $935	$851	$820
2 bedrooms	$1,010	$909 – $1,111	$1,015	$970
3 bedrooms	$1,230	$1,107 – $1,353	$1,236	$1,160
4 bedrooms	$1,330	$1,197 – $1,463	$1,335	$1,300

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 $79,100 and the 80% low-income limit for four people is $63,300. ZIP code 28763 lies mainly in Macon County. See the Macon County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
30568	Rabun Gap	5.1 mi	$1,030
28775	Scaly Mountain	8.2 mi	$1,250
30562	Mountain City	8.8 mi	$1,050
30537	Dillard	9.0 mi	$1,520
30525	Clayton	10.0 mi	$1,020
28734	Franklin	11.4 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 28763?

HUD's FY2027 Small Area Fair Market Rents for 28763 are $700 (studio), $850 (1 BR), $1,010 (2 BR), $1,230 (3 BR) and $1,330 (4 BR) a month.

What is the Section 8 payment standard in 28763?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28763 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 28763?

The FY2026 income limits of the Macon County, NC area apply: median family income $79,100, low-income (80%) limit $63,300 for a family of four.