North Carolina · HUD FY2026 Fair Market Rents · Updated

Rent in Pasquotank County, NC

HUD puts rent for a two-bedroom in Pasquotank County, NC at $1,216 a month for 2026, and a one-bedroom at $927. Keeping the two-bedroom under 30% of income takes $23.38 an hour full time, or $48,640 a year. The typical household there would spend 21.9% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,220 (up 0.3%).

Rent in Pasquotank County, NC at a glance

2-bedroom rent (HUD)

$1,216$14,592 a year · HUD fiscal year 2026From October 1, 2026: $1,220 (+0.3%)
Studio$921$18/hr needed
1 bedroom$927$18/hr needed
Wage a 2-bedroom takes$23.38an hour, 40 hours a week
3 bedrooms$1,640$32/hr needed

How much rent can you afford in Pasquotank 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$1,216Monthly market rent
Share of gross income21.9%Recommended max: 30%
Annual income needed$48,640To meet the 30% standard
Max affordable rent$1,665At 30% of $66,589
0%30% (Affordability standard)100%
Compare against:

Rent in Pasquotank 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 Pasquotank County, NC, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$921$11,052$36,840$17.71/hr
1 bedroom$927$11,124$37,080$17.83/hr
2 bedroomsMost searched$1,216$14,592$48,640$23.38/hr
3 bedrooms$1,640$19,680$65,600$31.54/hr
4 bedrooms$1,899$22,788$75,960$36.52/hr

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

Rent in Pasquotank County, NC: common questions

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

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,220 for a two-bedroom, up 0.3% from $1,216. A one-bedroom goes from $927 to $963, a studio from $921 to $957.

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 Pasquotank County, NC?

HUD's Fair Market Rent for 2026 is $927 for a one-bedroom and $1,216 for a two-bedroom, utilities included. That is $14,592 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 Pasquotank County, NC?

To keep a $1,216 two-bedroom at 30% of gross pay, one full-time worker needs $23.38 an hour, or $48,640 a year. A one-bedroom at $927 takes $17.83 an hour.

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

At HUD's 2026 Fair Market Rent: studio $921, one bedroom $927, two $1,216, three $1,640 and four $1,899 a month.

Is rent affordable in Pasquotank County, NC?

For the typical household, earning $66,589 a year ($5,549 a month, Census ACS), a two-bedroom at $1,216 takes 21.9% 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: ($1,216 × 12) ÷ 0.30 = $48,640. Divided by 2,080 working hours, that is $23.38 an hour.