North Carolina · HUD FY2026 Fair Market Rents · Updated

Rent in Transylvania County, NC

HUD puts rent for a two-bedroom in Transylvania County, NC at $1,363 a month for 2026, and a one-bedroom at $1,039. Keeping the two-bedroom under 30% of income takes $26.21 an hour full time, or $54,520 a year. The typical household there would spend 24.7% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,386 (up 1.7%).

Rent in Transylvania County, NC at a glance

2-bedroom rent (HUD)

$1,363$16,356 a year · HUD fiscal year 2026From October 1, 2026: $1,386 (+1.7%)
Studio$1,032$20/hr needed
1 bedroom$1,039$20/hr needed
Wage a 2-bedroom takes$26.21an hour, 40 hours a week
3 bedrooms$1,634$31/hr needed

How much rent can you afford in Transylvania 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$1,363Monthly market rent
Share of gross income24.7%Recommended max: 30%
Annual income needed$54,520To meet the 30% standard
Max affordable rent$1,655At 30% of $66,184
0%30% (Affordability standard)100%
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Rent in Transylvania 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 Transylvania County, NC, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$1,032$12,384$41,280$19.85/hr
1 bedroom$1,039$12,468$41,560$19.98/hr
2 bedroomsMost searched$1,363$16,356$54,520$26.21/hr
3 bedrooms$1,634$19,608$65,360$31.42/hr
4 bedrooms$2,048$24,576$81,920$39.38/hr

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

Rent in Transylvania County, NC: common questions

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

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,386 for a two-bedroom, up 1.7% from $1,363. A one-bedroom goes from $1,039 to $1,118, a studio from $1,032 to $1,111.

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 Transylvania County, NC?

HUD's Fair Market Rent for 2026 is $1,039 for a one-bedroom and $1,363 for a two-bedroom, utilities included. That is $16,356 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 Transylvania County, NC?

To keep a $1,363 two-bedroom at 30% of gross pay, one full-time worker needs $26.21 an hour, or $54,520 a year. A one-bedroom at $1,039 takes $19.98 an hour.

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

At HUD's 2026 Fair Market Rent: studio $1,032, one bedroom $1,039, two $1,363, three $1,634 and four $2,048 a month.

Is rent affordable in Transylvania County, NC?

For the typical household, earning $66,184 a year ($5,515 a month, Census ACS), a two-bedroom at $1,363 takes 24.7% 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: ($1,363 × 12) ÷ 0.30 = $54,520. Divided by 2,080 working hours, that is $26.21 an hour.