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RentData.org Logo Yancey County Fair Market Rent FY 2021 Yancey County, NC Rental Data

Fair Market Rent Prices in Yancey County, NC :
$505 $550 $693 $918 $1,062
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 Yancey County are very low compared to the national average. This FMR area is less expensive than 78% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Yancey County is $693 per month.

The previous year, rent for a two-bedroom home was $671 per month. This is a 3.28% increase year-over-year.

This FMR rate applies to Micaville, NC and other cities within the region. The Metro Code or CBSA code for this region is NCNTY37199N37199.

Additionally, This Fair Market Rent (FMR) area Yancey County, NC spans one county or city in North Carolina which is listed in the table below. Estimated population of Yancey County, NC FMR area is 17,605 people based on latest Census data.

Compared to the rest of North Carolina, the Yancey County FMR area is less expensive than 85% 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 Yancey County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Yancey 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 $ 525
1-BR 1-Bedroom $ 572
2-BR 2-Bedroom $ 720
3-BR 3-Bedroom $ 954
4-BR 4-Bedroom $ 1104
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Yancey County, NC FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Greenvll - Spart - Ashevll - And.

County / Region Est. Population
Yancey County, NC 17,605
Zip Codes in Yancey County, NC

There is 1 unique zip code in this Fair Market Rent (FMR) area:

28755

Lookup Fair Market Rent by Zip Code

What's Next?

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