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RentData.org Logo Richmond County Fair Market Rent FY 2011 Richmond County, NC Rental Data

Fair Market Rent Prices in Richmond County, NC :
$429 $537 $596 $749 $772
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Richmond County are low compared to the national average. This FMR area is less expensive than 65% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Richmond County is $596 per month.

The previous year, rent for a two-bedroom home was $588 per month. This is a 1.36% increase year-over-year.

This FMR rate applies to Norman, NC, Cordova, NC, Marston, NC, Laurel Hill, NC, Hamlet, NC, Rockingham, NC and other cities within the region. The Metro Code or CBSA code for this region is NCNTY37153N37153.

Additionally, This Fair Market Rent (FMR) area Richmond County, NC spans one county or city in North Carolina which is listed in the table below. Estimated population of Richmond County, NC FMR area is 46,564 people based on latest Census data.

Compared to the rest of North Carolina, the Richmond County FMR area is less expensive than 87% 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 Richmond County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Richmond 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 $ 414
1-BR 1-Bedroom $ 536
2-BR 2-Bedroom $ 596
3-BR 3-Bedroom $ 796
4-BR 4-Bedroom $ 820
Change Year:

There is just one county (listed below) within the Richmond County, NC FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Charlotte and Myrtle Beach - Florence.

County / Region Est. Population
Richmond County, NC 46,564
Zip Codes in Richmond County, NC

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

28330, 28345, 28351, 28363, 28367, 28379 and 28380

Lookup Fair Market Rent by Zip Code
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