2025 FMR And Section 8 Rents For Hickory Lenoir Morganton 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 hickory-lenoir-morganton, 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
30666$1210$1250$1520$1970$2260
30620$806$834$1014$1314$1506
30619$1020$1050$1280$1660$1900
30622$870$900$1090$1410$1620
30629$910$940$1050$1440$1780
30581$806$834$1014$1314$1506
30601$806$834$1014$1314$1506
30623$806$834$1014$1314$1506
30664$940$970$1180$1530$1750
30605$860$880$1014$1330$1506
30660$870$900$1100$1430$1630
30662$806$834$1014$1314$1506
30624$806$834$1014$1314$1506
30635$806$834$1014$1314$1506
30633$806$834$1014$1314$1506
30677$810$834$1014$1314$1590
30628$806$834$1014$1314$1506
30668$806$834$1014$1314$1506
30606$860$890$1080$1400$1600
30609$850$880$1070$1390$1590
30631$870$900$1100$1430$1630
30602$910$930$1050$1380$1506
30627$806$834$1014$1314$1506
30643$806$834$1014$1314$1506
30655$1150$1170$1320$1760$2250
30663$806$834$1014$1314$1506
30669$806$834$1014$1314$1506
30582$1060$1090$1230$1620$1660
30621$930$960$1170$1520$1740
30642$806$834$1014$1314$1506
30648$860$890$1070$1390$1550
30656$806$834$1014$1314$1506
30665$806$834$1014$1314$1506
30634$820$850$1020$1330$1590
30625$806$834$1014$1314$1506
30630$850$880$1070$1390$1590
30667$860$890$1040$1380$1640
30641$806$834$1014$1314$1506
30673$1300$1340$1590$2100$2470
30646$806$834$1014$1314$1506
30650$940$970$1180$1530$1750
30607$840$870$1060$1370$1570
30678$806$834$1014$1314$1506
30680$806$834$1014$1314$1506

Zip Code:

30666

Studio Rent:

$1210

1 Bedroom Rent:

$1250

2 Bedroom Rent:

$1520

3 Bedroom Rent:

$1970

4 Bedroom Rent:

$2260

Zip Code:

30620

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30619

Studio Rent:

$1020

1 Bedroom Rent:

$1050

2 Bedroom Rent:

$1280

3 Bedroom Rent:

$1660

4 Bedroom Rent:

$1900

Zip Code:

30622

Studio Rent:

$870

1 Bedroom Rent:

$900

2 Bedroom Rent:

$1090

3 Bedroom Rent:

$1410

4 Bedroom Rent:

$1620

Zip Code:

30629

Studio Rent:

$910

1 Bedroom Rent:

$940

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1440

4 Bedroom Rent:

$1780

Zip Code:

30581

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30601

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30623

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30664

Studio Rent:

$940

1 Bedroom Rent:

$970

2 Bedroom Rent:

$1180

3 Bedroom Rent:

$1530

4 Bedroom Rent:

$1750

Zip Code:

30605

Studio Rent:

$860

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1330

4 Bedroom Rent:

$1506

Zip Code:

30660

Studio Rent:

$870

1 Bedroom Rent:

$900

2 Bedroom Rent:

$1100

3 Bedroom Rent:

$1430

4 Bedroom Rent:

$1630

Zip Code:

30662

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30624

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30635

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30633

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30677

Studio Rent:

$810

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1590

Zip Code:

30628

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30668

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30606

Studio Rent:

$860

1 Bedroom Rent:

$890

2 Bedroom Rent:

$1080

3 Bedroom Rent:

$1400

4 Bedroom Rent:

$1600

Zip Code:

30609

Studio Rent:

$850

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1390

4 Bedroom Rent:

$1590

Zip Code:

30631

Studio Rent:

$870

1 Bedroom Rent:

$900

2 Bedroom Rent:

$1100

3 Bedroom Rent:

$1430

4 Bedroom Rent:

$1630

Zip Code:

30602

Studio Rent:

$910

1 Bedroom Rent:

$930

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1380

4 Bedroom Rent:

$1506

Zip Code:

30627

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30643

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30655

Studio Rent:

$1150

1 Bedroom Rent:

$1170

2 Bedroom Rent:

$1320

3 Bedroom Rent:

$1760

4 Bedroom Rent:

$2250

Zip Code:

30663

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30669

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30582

Studio Rent:

$1060

1 Bedroom Rent:

$1090

2 Bedroom Rent:

$1230

3 Bedroom Rent:

$1620

4 Bedroom Rent:

$1660

Zip Code:

30621

Studio Rent:

$930

1 Bedroom Rent:

$960

2 Bedroom Rent:

$1170

3 Bedroom Rent:

$1520

4 Bedroom Rent:

$1740

Zip Code:

30642

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30648

Studio Rent:

$860

1 Bedroom Rent:

$890

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1390

4 Bedroom Rent:

$1550

Zip Code:

30656

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30665

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30634

Studio Rent:

$820

1 Bedroom Rent:

$850

2 Bedroom Rent:

$1020

3 Bedroom Rent:

$1330

4 Bedroom Rent:

$1590

Zip Code:

30625

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30630

Studio Rent:

$850

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1070

3 Bedroom Rent:

$1390

4 Bedroom Rent:

$1590

Zip Code:

30667

Studio Rent:

$860

1 Bedroom Rent:

$890

2 Bedroom Rent:

$1040

3 Bedroom Rent:

$1380

4 Bedroom Rent:

$1640

Zip Code:

30641

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30673

Studio Rent:

$1300

1 Bedroom Rent:

$1340

2 Bedroom Rent:

$1590

3 Bedroom Rent:

$2100

4 Bedroom Rent:

$2470

Zip Code:

30646

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30650

Studio Rent:

$940

1 Bedroom Rent:

$970

2 Bedroom Rent:

$1180

3 Bedroom Rent:

$1530

4 Bedroom Rent:

$1750

Zip Code:

30607

Studio Rent:

$840

1 Bedroom Rent:

$870

2 Bedroom Rent:

$1060

3 Bedroom Rent:

$1370

4 Bedroom Rent:

$1570

Zip Code:

30678

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

Zip Code:

30680

Studio Rent:

$806

1 Bedroom Rent:

$834

2 Bedroom Rent:

$1014

3 Bedroom Rent:

$1314

4 Bedroom Rent:

$1506

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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.