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RentData.org Logo Chowan County Fair Market Rent FY 2018 Chowan County, NC Rental Data

Fair Market Rent Prices in Chowan County, NC :
$631 $650 $746 $1,068 $1,180
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Chowan County are high compared to the national average. This FMR area is more expensive than 75% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Chowan County is $746 per month.

The previous year, rent for a two-bedroom home was $655 per month. This is a 13.89% increase year-over-year.

This FMR rate applies to Belvidere, NC, Hobbsville, NC, Tyner, NC, Hertford, NC, Edenton, NC and other cities within the region. The Metro Code or CBSA code for this region is NCNTY37041N37041.

Additionally, This Fair Market Rent (FMR) area Chowan County, NC spans one county or city in North Carolina which is listed in the table below. Estimated population of Chowan County, NC FMR area is 14,793 people based on latest Census data.

Compared to the rest of North Carolina, the Chowan County FMR area is more expensive than 69% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Chowan County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Chowan County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 702
1-BR 1-Bedroom $ 722
2-BR 2-Bedroom $ 829
3-BR 3-Bedroom $ 1187
4-BR 4-Bedroom $ 1311
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Chowan County, NC FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Norfolk - Portsmth - Newpt Nws.

County / Region Est. Population
Chowan County, NC 14,793
Zip Codes in Chowan County, NC

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

27919, 27932, 27944, 27946 and 27980

Lookup Fair Market Rent by Zip Code

What's Next?

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