North Carolina · HUD FY2026 Fair Market Rents · Updated

Rent in Lee County, NC

HUD puts rent for a two-bedroom in Lee County, NC at $1,136 a month for 2026, and a one-bedroom at $880. Keeping the two-bedroom under 30% of income takes $21.85 an hour full time, or $45,440 a year. The typical household there would spend 20.8% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,179 (up 3.8%).

Rent in Lee County, NC at a glance

2-bedroom rent (HUD)

$1,136$13,632 a year · HUD fiscal year 2026From October 1, 2026: $1,179 (+3.8%)
Studio$874$17/hr needed
1 bedroom$880$17/hr needed
Wage a 2-bedroom takes$21.85an hour, 40 hours a week
3 bedrooms$1,362$26/hr needed

How much rent can you afford in Lee 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$1,136Monthly market rent
Share of gross income20.8%Recommended max: 30%
Annual income needed$45,440To meet the 30% standard
Max affordable rent$1,635At 30% of $65,387
0%30% (Affordability standard)100%
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Rent in Lee 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 Lee County, NC, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$874$10,488$34,960$16.81/hr
1 bedroom$880$10,560$35,200$16.92/hr
2 bedroomsMost searched$1,136$13,632$45,440$21.85/hr
3 bedrooms$1,362$16,344$54,480$26.19/hr
4 bedrooms$1,715$20,580$68,600$32.98/hr

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

Rent in Lee County, NC: common questions

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

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,179 for a two-bedroom, up 3.8% from $1,136. A one-bedroom goes from $880 to $912, a studio from $874 to $906.

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 Lee County, NC?

HUD's Fair Market Rent for 2026 is $880 for a one-bedroom and $1,136 for a two-bedroom, utilities included. That is $13,632 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 Lee County, NC?

To keep a $1,136 two-bedroom at 30% of gross pay, one full-time worker needs $21.85 an hour, or $45,440 a year. A one-bedroom at $880 takes $16.92 an hour.

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

At HUD's 2026 Fair Market Rent: studio $874, one bedroom $880, two $1,136, three $1,362 and four $1,715 a month.

Is rent affordable in Lee County, NC?

For the typical household, earning $65,387 a year ($5,449 a month, Census ACS), a two-bedroom at $1,136 takes 20.8% 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: ($1,136 × 12) ÷ 0.30 = $45,440. Divided by 2,080 working hours, that is $21.85 an hour.