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RentData.org Logo Gates County Fair Market Rent FY 2014 Gates County, NC Rental Data

Fair Market Rent Prices in Gates County, NC :
$507 $510 $637 $847 $1,119
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 Gates County are average compared to the national average. This FMR area is more expensive than 64% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Gates County is $637 per month.

The previous year, rent for a two-bedroom home was $613 per month. This is a 3.92% 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 NCNTY37073N37073.

Additionally, This Fair Market Rent (FMR) area Gates County, NC spans one county or city in North Carolina which is listed in the table below. Estimated population of Gates County, NC FMR area is 12,197 people based on latest Census data.

Compared to the rest of North Carolina, the Gates County FMR area is less expensive than 52% 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 $ 507
1-BR 1-Bedroom $ 510
2-BR 2-Bedroom $ 637
3-BR 3-Bedroom $ 847
4-BR 4-Bedroom $ 1119
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the Gates 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
Gates County, NC 12,197
Zip Codes in Gates County, NC

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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