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2025 FMR And Section 8 Rents For Iredell County NC

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of iredell-county, NC.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
14846$1046$1075$1207$1652$2048
14865$1046$1075$1207$1652$2048
14847$1046$1075$1207$1652$2048
14861$1240$1270$1430$1960$2430
14854$1050$1080$1210$1660$2050
14853$1046$1075$1207$1652$2048
14858$1530$1580$1770$2420$3000
14860$1046$1075$1240$1652$2048
14864$1046$1075$1207$1652$2048
14870$1046$1075$1207$1652$2048
14867$1046$1075$1207$1652$2048
14871$1046$1075$1207$1652$2048
14850$1046$1075$1207$1652$2048
14855$1480$1520$1700$2140$2730
14873$1050$1080$1210$1660$2050
14874$1046$1075$1207$1652$2048
14859$1050$1080$1210$1660$2050
14869$1046$1075$1207$1652$2048
14856$1080$1100$1240$1700$2100
14872$1050$1080$1210$1660$2050

Zip Code:

14846

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14865

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14847

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14861

Studio Rent:

$1240

1 Bedroom Rent:

$1270

2 Bedroom Rent:

$1430

3 Bedroom Rent:

$1960

4 Bedroom Rent:

$2430

Zip Code:

14854

Studio Rent:

$1050

1 Bedroom Rent:

$1080

2 Bedroom Rent:

$1210

3 Bedroom Rent:

$1660

4 Bedroom Rent:

$2050

Zip Code:

14853

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14858

Studio Rent:

$1530

1 Bedroom Rent:

$1580

2 Bedroom Rent:

$1770

3 Bedroom Rent:

$2420

4 Bedroom Rent:

$3000

Zip Code:

14860

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1240

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14864

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14870

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14867

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14871

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14850

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14855

Studio Rent:

$1480

1 Bedroom Rent:

$1520

2 Bedroom Rent:

$1700

3 Bedroom Rent:

$2140

4 Bedroom Rent:

$2730

Zip Code:

14873

Studio Rent:

$1050

1 Bedroom Rent:

$1080

2 Bedroom Rent:

$1210

3 Bedroom Rent:

$1660

4 Bedroom Rent:

$2050

Zip Code:

14874

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14859

Studio Rent:

$1050

1 Bedroom Rent:

$1080

2 Bedroom Rent:

$1210

3 Bedroom Rent:

$1660

4 Bedroom Rent:

$2050

Zip Code:

14869

Studio Rent:

$1046

1 Bedroom Rent:

$1075

2 Bedroom Rent:

$1207

3 Bedroom Rent:

$1652

4 Bedroom Rent:

$2048

Zip Code:

14856

Studio Rent:

$1080

1 Bedroom Rent:

$1100

2 Bedroom Rent:

$1240

3 Bedroom Rent:

$1700

4 Bedroom Rent:

$2100

Zip Code:

14872

Studio Rent:

$1050

1 Bedroom Rent:

$1080

2 Bedroom Rent:

$1210

3 Bedroom Rent:

$1660

4 Bedroom Rent:

$2050

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.