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2025 FMR And Section 8 Rents For Person 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 person-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
24974$1020$1030$1190$1510$1830
24963$720$722$950$1340$1370
24981$1020$1030$1190$1510$1830
24977$780$790$949$1337$1400
24976$718$722$949$1337$1365
24954$1390$1430$1640$2060$2520
24970$940$960$1080$1460$1610
24966$1100$1120$1390$1880$2050
24957$720$722$950$1340$1370
24962$720$722$950$1340$1370

Zip Code:

24974

Studio Rent:

$1020

1 Bedroom Rent:

$1030

2 Bedroom Rent:

$1190

3 Bedroom Rent:

$1510

4 Bedroom Rent:

$1830

Zip Code:

24963

Studio Rent:

$720

1 Bedroom Rent:

$722

2 Bedroom Rent:

$950

3 Bedroom Rent:

$1340

4 Bedroom Rent:

$1370

Zip Code:

24981

Studio Rent:

$1020

1 Bedroom Rent:

$1030

2 Bedroom Rent:

$1190

3 Bedroom Rent:

$1510

4 Bedroom Rent:

$1830

Zip Code:

24977

Studio Rent:

$780

1 Bedroom Rent:

$790

2 Bedroom Rent:

$949

3 Bedroom Rent:

$1337

4 Bedroom Rent:

$1400

Zip Code:

24976

Studio Rent:

$718

1 Bedroom Rent:

$722

2 Bedroom Rent:

$949

3 Bedroom Rent:

$1337

4 Bedroom Rent:

$1365

Zip Code:

24954

Studio Rent:

$1390

1 Bedroom Rent:

$1430

2 Bedroom Rent:

$1640

3 Bedroom Rent:

$2060

4 Bedroom Rent:

$2520

Zip Code:

24970

Studio Rent:

$940

1 Bedroom Rent:

$960

2 Bedroom Rent:

$1080

3 Bedroom Rent:

$1460

4 Bedroom Rent:

$1610

Zip Code:

24966

Studio Rent:

$1100

1 Bedroom Rent:

$1120

2 Bedroom Rent:

$1390

3 Bedroom Rent:

$1880

4 Bedroom Rent:

$2050

Zip Code:

24957

Studio Rent:

$720

1 Bedroom Rent:

$722

2 Bedroom Rent:

$950

3 Bedroom Rent:

$1340

4 Bedroom Rent:

$1370

Zip Code:

24962

Studio Rent:

$720

1 Bedroom Rent:

$722

2 Bedroom Rent:

$950

3 Bedroom Rent:

$1340

4 Bedroom Rent:

$1370

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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.