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RentData.org Logo Gates County Fair Market Rent FY 2024 Gates County, NC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Gates County, NC :
$905 $908 $1,050 $1,431 $1,781
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Gates County are high compared to the national average. This FMR area is more expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Gates County is $1,050 per month.

The previous year, rent for a two-bedroom home was $923 per month. This is a 13.76% increase year-over-year.

This FMR rate applies to Roduco, NC, Gatesville, NC, Eure, NC, Sunbury, NC, Corapeake, NC, Gates, NC and other cities within the region. The Metro Code or CBSA code for this region is METRO47260N37073.

Additionally, This Fair Market Rent (FMR) area Gates County, NC HUD Metro FMR Area spans one county or city in North Carolina which is listed in the table below. Estimated population of Gates County, NC HUD Metro FMR Area FMR area is 11,519 people based on latest Census data.

Compared to the rest of North Carolina, the Gates County FMR area is more expensive than 74% 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 Gates County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Gates 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 $ 959
1-BR 1-Bedroom $ 961
2-BR 2-Bedroom $ 1112
3-BR 3-Bedroom $ 1515
4-BR 4-Bedroom $ 1886
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Gates County, NC HUD Metro FMR Area 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
Gates County, NC Metro 11,519
Zip Codes in Gates County, NC HUD Metro FMR Area

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

27926, 27935, 27937, 27938, 27969 and 27979

Lookup Fair Market Rent by Zip Code

What's Next?

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