FY2027 Small Area FMR · Waynesville, NC

ZIP 28785 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28785 (Waynesville, NC) is $1,270 a month, up 2.4% from FY2026. That is 2% above the Haywood County, NC area-wide FMR of $1,250.

2-bedroom SAFMR$1,270per month ▲ 2.4%

Area-wide 2 BR FMR$1,250Haywood County, NC

Rank in the area7thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,143

2 BR Small Area FMR$1,270

110% of SAFMR$1,397

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

Studio$1,020▼ 2.9%

1 BR$1,130■ 0.0%

2 BR$1,270▲ 2.4%

3 BR$1,510▲ 1.3%

4 BR$2,120▲ 14.0%

FY2027 FY2026

Where 28785 sits in the Haywood County, NC area

Of the 12 ZIP codes HUD lists for the area, 28785 has the 7th highest two-bedroom Small Area FMR. Haywood 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 $1,250 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,270 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	$1,020	$918 – $1,122	$1,008	$1,050
1 bedroom	$1,130	$1,017 – $1,243	$1,113	$1,130
2 bedrooms	$1,270	$1,143 – $1,397	$1,250	$1,240
3 bedrooms	$1,510	$1,359 – $1,661	$1,489	$1,490
4 bedrooms	$2,120	$1,908 – $2,332	$2,089	$1,860

A household renting a two-bedroom home at the Small Area FMR of $1,270 needs about $50,800 a year to keep housing costs at 30% of income. The area median family income is $86,700 and the 80% low-income limit for four people is $69,350. ZIP code 28785 lies mainly in Haywood County. See the Haywood County, NC county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
28721	Clyde	10.2 mi	$1,660
28751	Maggie Valley	10.3 mi	$1,260
37722	Cosby	11.7 mi	$1,090
37753	Hartford	11.9 mi	$1,040
28745	Lake Junaluska	13.0 mi	$1,290
28719	Cherokee	14.4 mi	$1,120

Questions

What is the Fair Market Rent for ZIP code 28785?

HUD's FY2027 Small Area Fair Market Rents for 28785 are $1,020 (studio), $1,130 (1 BR), $1,270 (2 BR), $1,510 (3 BR) and $2,120 (4 BR) a month.

What is the Section 8 payment standard in 28785?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28785 that range is $1,143 to $1,397 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 28785?

The FY2026 income limits of the Haywood County, NC area apply: median family income $86,700, low-income (80%) limit $69,350 for a family of four.