Affordable
40th Percentile
Metro Area
Fair Market Rent prices in Hickory-Lenoir-Morganton are
low
compared to the national average.
This FMR area is less expensive
than
69%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Hickory-Lenoir-Morganton is $724 per month.
The previous year, rent for a two-bedroom home was $693 per month.
This is a 4.47% increase year-over-year.
This FMR rate applies to Union Grove, NC, Moravian Falls, NC, Stony Point, NC, Hiddenite, NC, Granite Falls, NC, Taylorsville, NC, Statesville, NC, Hickory, NC and other cities within the region.
The Metro Code or CBSA code for this region is METRO25860M25860.
Additionally, This Fair Market Rent (FMR) area Hickory-Lenoir-Morganton, NC MSA spans one county or city in North Carolina which is listed in the table below.
Estimated population of Hickory-Lenoir-Morganton, NC MSA FMR area is 37,160 people based on latest Census data.
Compared to the rest of North Carolina, the Hickory-Lenoir-Morganton FMR area is
less expensive than
85% of the state.