North Carolina · HUD FY2026 Fair Market Rents · Updated

Rent in Person County, NC

HUD puts rent for a two-bedroom in Person County, NC at $948 a month for 2026, and a one-bedroom at $744. Keeping the two-bedroom under 30% of income takes $18.23 an hour full time, or $37,920 a year. The typical household there would spend 18% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,012 (up 6.8%).

Rent in Person County, NC at a glance

2-bedroom rent (HUD)

$948$11,376 a year · HUD fiscal year 2026From October 1, 2026: $1,012 (+6.8%)
Studio$739$14/hr needed
1 bedroom$744$14/hr needed
Wage a 2-bedroom takes$18.23an hour, 40 hours a week
3 bedrooms$1,318$25/hr needed

How much rent can you afford in Person 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$948Monthly market rent
Share of gross income18%Recommended max: 30%
Annual income needed$37,920To meet the 30% standard
Max affordable rent$1,583At 30% of $63,300
0%30% (Affordability standard)100%
Compare against:

Rent in Person 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 Person County, NC, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$739$8,868$29,560$14.21/hr
1 bedroom$744$8,928$29,760$14.31/hr
2 bedroomsMost searched$948$11,376$37,920$18.23/hr
3 bedrooms$1,318$15,816$52,720$25.35/hr
4 bedrooms$1,377$16,524$55,080$26.48/hr

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

Rent in Person County, NC: common questions

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

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,012 for a two-bedroom, up 6.8% from $948. A one-bedroom goes from $744 to $805, a studio from $739 to $800.

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 Person County, NC?

HUD's Fair Market Rent for 2026 is $744 for a one-bedroom and $948 for a two-bedroom, utilities included. That is $11,376 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 Person County, NC?

To keep a $948 two-bedroom at 30% of gross pay, one full-time worker needs $18.23 an hour, or $37,920 a year. A one-bedroom at $744 takes $14.31 an hour.

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

At HUD's 2026 Fair Market Rent: studio $739, one bedroom $744, two $948, three $1,318 and four $1,377 a month.

Is rent affordable in Person County, NC?

For the typical household, earning $63,300 a year ($5,275 a month, Census ACS), a two-bedroom at $948 takes 18% 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: ($948 × 12) ÷ 0.30 = $37,920. Divided by 2,080 working hours, that is $18.23 an hour.