FY2027 Small Area FMR · Waynesville, NC
ZIP 28786 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28786 (Waynesville, NC) is $1,310 a month, up 0.8% from FY2026. That is 5% above the Haywood County, NC area-wide FMR of $1,250.
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 28786 sits in the Haywood County, NC area
Of the 12 ZIP codes HUD lists for the area, 28786 has the 5th 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 $1,310 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,060 | $954 – $1,166 | $1,008 | $1,100 |
| 1 bedroom | $1,170 | $1,053 – $1,287 | $1,113 | $1,190 |
| 2 bedrooms | $1,310 | $1,179 – $1,441 | $1,250 | $1,300 |
| 3 bedrooms | $1,560 | $1,404 – $1,716 | $1,489 | $1,560 |
| 4 bedrooms | $2,190 | $1,971 – $2,409 | $2,089 | $1,950 |
A household renting a two-bedroom home at the Small Area FMR of $1,310 needs about $52,400 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 28786 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
Questions
What is the Fair Market Rent for ZIP code 28786?
HUD's FY2027 Small Area Fair Market Rents for 28786 are $1,060 (studio), $1,170 (1 BR), $1,310 (2 BR), $1,560 (3 BR) and $2,190 (4 BR) a month.
What is the Section 8 payment standard in 28786?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28786 that range is $1,179 to $1,441 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 28786?
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.