North Carolina · HUD FY2026 Fair Market Rents · Updated

Rent in Dare County, NC

HUD puts rent for a two-bedroom in Dare County, NC at $1,430 a month for 2026, and a one-bedroom at $1,305. Keeping the two-bedroom under 30% of income takes $27.50 an hour full time, or $57,200 a year. The typical household there would spend 19.3% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,510 (up 5.6%).

Rent in Dare County, NC at a glance

2-bedroom rent (HUD)

$1,430$17,160 a year · HUD fiscal year 2026From October 1, 2026: $1,510 (+5.6%)
Studio$1,120$22/hr needed
1 bedroom$1,305$25/hr needed
Wage a 2-bedroom takes$27.50an hour, 40 hours a week
3 bedrooms$1,821$35/hr needed

How much rent can you afford in Dare County, NC?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,430Monthly market rent
Share of gross income19.3%Recommended max: 30%
Annual income needed$57,200To meet the 30% standard
Max affordable rent$2,225At 30% of $88,994
0%30% (Affordability standard)100%
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Rent in Dare County, NC by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Dare County, NC, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$1,120$13,440$44,800$21.54/hr
1 bedroom$1,305$15,660$52,200$25.10/hr
2 bedroomsMost searched$1,430$17,160$57,200$27.50/hr
3 bedrooms$1,821$21,852$72,840$35.02/hr
4 bedrooms$1,893$22,716$75,720$36.40/hr

Cost of living in Dare County, NC: income, prices and a budget →

Rent in Dare County, NC: common questions

How much is rent going up in Dare County, NC in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,510 for a two-bedroom, up 5.6% from $1,430. A one-bedroom goes from $1,305 to $1,387, a studio from $1,120 to $1,194.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Dare County, NC?

HUD's Fair Market Rent for 2026 is $1,305 for a one-bedroom and $1,430 for a two-bedroom, utilities included. That is $17,160 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Dare County, NC?

To keep a $1,430 two-bedroom at 30% of gross pay, one full-time worker needs $27.50 an hour, or $57,200 a year. A one-bedroom at $1,305 takes $25.10 an hour.

How much is a 1, 2 or 3-bedroom apartment in Dare County, NC?

At HUD's 2026 Fair Market Rent: studio $1,120, one bedroom $1,305, two $1,430, three $1,821 and four $1,893 a month.

Is rent affordable in Dare County, NC?

For the typical household, earning $88,994 a year ($7,416 a month, Census ACS), a two-bedroom at $1,430 takes 19.3% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,430 × 12) ÷ 0.30 = $57,200. Divided by 2,080 working hours, that is $27.50 an hour.