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RentData.org Logo Iredell County Fair Market Rent FY 2015 Iredell County, NC Rental Data

Fair Market Rent Prices in Iredell County, NC :
$583 $609 $722 $937 $1,276
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 Iredell County are high compared to the national average. This FMR area is more expensive than 81% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Iredell County is $722 per month.

The previous year, rent for a two-bedroom home was $774 per month. This is a 6.72% decrease year-over-year.

This FMR rate applies to Barium Springs, NC, Mount Mourne, NC, Turnersburg, NC, Scotts, NC, Olin, NC, Mount Ulla, NC, Cleveland, NC, Hamptonville, NC, Troutman, NC, Statesville, NC and other cities within the region. The Metro Code or CBSA code for this region is NCNTY37097N37097.

Additionally, This Fair Market Rent (FMR) area Iredell County, NC spans one county or city in North Carolina which is listed in the table below. Estimated population of Iredell County, NC FMR area is 159,437 people based on latest Census data.

Compared to the rest of North Carolina, the Iredell County FMR area is more expensive than 80% 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 Iredell County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Iredell 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 $ 626
1-BR 1-Bedroom $ 654
2-BR 2-Bedroom $ 775
3-BR 3-Bedroom $ 1006
4-BR 4-Bedroom $ 1369
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the Iredell County, NC FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Charlotte and Greensboro - H. Point - W. Salem.

County / Region Est. Population
Iredell County, NC 159,437
Zip Codes in Iredell County, NC

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

27013, 27020, 28010, 28115, 28117, 28123, 28125, 28166, 28660, 28677, 28687, 28688 and 28699

Lookup Fair Market Rent by Zip Code

What's Next?

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