Dare County, NC · FY2026 area median income $116,900 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $386 | $579 | $772 | $965 | $1,158 | $1,351 | $1,544 |
| 1BR | $413 | $619 | $826 | $1,033 | $1,239 | $1,446 | $1,653 |
| 2BR | $496 | $744 | $992 | $1,240 | $1,488 | $1,736 | $1,984 |
| 3BR | $573 | $859 | $1,146 | $1,433 | $1,719 | $2,006 | $2,293 |
| 4BR | $639 | $959 | $1,279 | $1,598 | $1,918 | $2,238 | $2,558 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $23,160 | $38,600 | $46,320 | $61,760 |
| 2 persons | $26,430 | $44,050 | $52,860 | $70,480 |
| 3 persons | $29,760 | $49,600 | $59,520 | $79,360 |
| 4 persons | $33,060 | $55,100 | $66,120 | $88,160 |
| 5 persons | $35,730 | $59,550 | $71,460 | $95,280 |
| 6 persons | $38,370 | $63,950 | $76,740 | $102,320 |
| 7 persons | $41,010 | $68,350 | $82,020 | $109,360 |
| 8 persons | $43,650 | $72,750 | $87,300 | $116,400 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Dare County to see the sources and uses, bond test, DSCR, and funding gap using these rents.