Perquimans County, NC: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,0402-bedroom FMR, FY2027

$7951-bedroom FMR, FY2027

$72,30080% income limit, family of 4 (FY2026)

$90,400Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Perquimans County is $1,040 a month, up 4.1% from $999 in FY2026. Perquimans County belongs to the Perquimans County, NC FMR area (non-metro county), so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Perquimans County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$790	$799	−1.1%	$711 – $869
1 bedroom	$795	$804	−1.1%	$716 – $874
2 bedrooms	$1,040	$999	+4.1%	$936 – $1,144
3 bedrooms	$1,440	$1,382	+4.2%	$1,296 – $1,584
4 bedrooms	$1,539	$1,387	+11.0%	$1,386 – $1,692

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Perquimans County that is typically $936 to $1,144 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$36,156median income of renter households

$1,008Median gross rent, all units

33%Rent-to-income ratio (median rent ÷ median renter income)

46%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $36,156 can afford about $904 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,040 is $136 (15.1%) more than that. To rent a two-bedroom at the FMR, a household needs $41,600 a year under the 30% rule, or $37,440 under the common landlord rule that income must be three times the rent.

Perquimans County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,008 ±$134
Median income of renter households	$36,156 ±$13,643
Renters paying 30% or more of income (cost-burdened)	45.6% ±10.9
Renters paying 50% or more (severely cost-burdened)	19.3% ±8.0
Renter households (where the share can be computed)	1,043

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$914	$1,008	+10.3%
Median renter household income	$21,027	$36,156	+72.0%
Renters paying 30%+ of income	69.5%	45.6%	−23.9 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

HUD income limits for Perquimans County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $90,400 (FY2025: $85,200, +6.1%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$19,000 +8.6%	$21,700 +2.6%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$31,650 +8.8%	$36,200 +8.9%	$40,700 +8.8%	$45,200 +8.8%	$48,850 +8.9%	$52,450 +8.8%	$56,050 +8.7%	$59,700 +8.8%
Low income (80%)	$50,650 +8.8%	$57,850 +8.7%	$65,100 +8.8%	$72,300 +8.8%	$78,100 +8.8%	$83,900 +8.8%	$89,700 +8.9%	$95,450 +8.8%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.