FY2027 Small Area FMR · Hendersonville, NC
ZIP 28792 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 28792 (Hendersonville, NC) is $1,690 a month, up 5.0% from FY2026. That is 9% below the Asheville, NC area-wide FMR of $1,866.
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 28792 sits in the Asheville, NC area
Of the 54 ZIP codes HUD lists for the area, 28792 has the 32nd highest two-bedroom Small Area FMR. Asheville, 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 $1,866 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,690 for this ZIP code instead.
ZIP code 28792 crosses more than one HUD area. HUD also lists it under Polk 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 | $1,340 | $1,206 – $1,474 | $1,482 | $1,260 |
| 1 bedroom | $1,550 | $1,395 – $1,705 | $1,714 | $1,470 |
| 2 bedrooms | $1,690 | $1,521 – $1,859 | $1,866 | $1,610 |
| 3 bedrooms | $2,010 | $1,809 – $2,211 | $2,223 | $1,960 |
| 4 bedrooms | $2,820 | $2,538 – $3,102 | $3,109 | $2,700 |
A household renting a two-bedroom home at the Small Area FMR of $1,690 needs about $67,600 a year to keep housing costs at 30% of income. The area median family income is $103,200 and the 80% low-income limit for four people is $81,900. ZIP code 28792 lies mainly in Henderson County, Buncombe County and Polk County. See the Asheville, NC metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 28792?
HUD's FY2027 Small Area Fair Market Rents for 28792 are $1,340 (studio), $1,550 (1 BR), $1,690 (2 BR), $2,010 (3 BR) and $2,820 (4 BR) a month.
What is the Section 8 payment standard in 28792?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 28792 that range is $1,521 to $1,859 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 28792?
The FY2026 income limits of the Asheville, NC area apply: median family income $103,200, low-income (80%) limit $81,900 for a family of four.