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2025 FMR And Section 8 Rents For Granville 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 granville-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
24927$1190$1220$1370$1850$2070
24938$1020$1040$1190$1579$1830
24944$1013$1040$1168$1579$1739
24934$1100$1130$1280$1579$2070
24951$1120$1150$1290$1610$2120
24935$1013$1040$1168$1579$1739
24931$1100$1130$1280$1579$2070
24945$1270$1300$1460$1970$2170
24941$1013$1040$1168$1579$1739
24924$1013$1040$1168$1579$1739
24946$1440$1480$1660$2060$2730
24925$1080$1110$1250$1690$1860

Zip Code:

24927

Studio Rent:

$1190

1 Bedroom Rent:

$1220

2 Bedroom Rent:

$1370

3 Bedroom Rent:

$1850

4 Bedroom Rent:

$2070

Zip Code:

24938

Studio Rent:

$1020

1 Bedroom Rent:

$1040

2 Bedroom Rent:

$1190

3 Bedroom Rent:

$1579

4 Bedroom Rent:

$1830

Zip Code:

24944

Studio Rent:

$1013

1 Bedroom Rent:

$1040

2 Bedroom Rent:

$1168

3 Bedroom Rent:

$1579

4 Bedroom Rent:

$1739

Zip Code:

24934

Studio Rent:

$1100

1 Bedroom Rent:

$1130

2 Bedroom Rent:

$1280

3 Bedroom Rent:

$1579

4 Bedroom Rent:

$2070

Zip Code:

24951

Studio Rent:

$1120

1 Bedroom Rent:

$1150

2 Bedroom Rent:

$1290

3 Bedroom Rent:

$1610

4 Bedroom Rent:

$2120

Zip Code:

24935

Studio Rent:

$1013

1 Bedroom Rent:

$1040

2 Bedroom Rent:

$1168

3 Bedroom Rent:

$1579

4 Bedroom Rent:

$1739

Zip Code:

24931

Studio Rent:

$1100

1 Bedroom Rent:

$1130

2 Bedroom Rent:

$1280

3 Bedroom Rent:

$1579

4 Bedroom Rent:

$2070

Zip Code:

24945

Studio Rent:

$1270

1 Bedroom Rent:

$1300

2 Bedroom Rent:

$1460

3 Bedroom Rent:

$1970

4 Bedroom Rent:

$2170

Zip Code:

24941

Studio Rent:

$1013

1 Bedroom Rent:

$1040

2 Bedroom Rent:

$1168

3 Bedroom Rent:

$1579

4 Bedroom Rent:

$1739

Zip Code:

24924

Studio Rent:

$1013

1 Bedroom Rent:

$1040

2 Bedroom Rent:

$1168

3 Bedroom Rent:

$1579

4 Bedroom Rent:

$1739

Zip Code:

24946

Studio Rent:

$1440

1 Bedroom Rent:

$1480

2 Bedroom Rent:

$1660

3 Bedroom Rent:

$2060

4 Bedroom Rent:

$2730

Zip Code:

24925

Studio Rent:

$1080

1 Bedroom Rent:

$1110

2 Bedroom Rent:

$1250

3 Bedroom Rent:

$1690

4 Bedroom Rent:

$1860

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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.