Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area · FY2026 area median income $117,400 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $411 | $616 | $822 | $1,027 | $1,233 | $1,438 | $1,644 |
| 1BR | $440 | $660 | $881 | $1,101 | $1,321 | $1,541 | $1,762 |
| 2BR | $528 | $792 | $1,057 | $1,321 | $1,585 | $1,849 | $2,114 |
| 3BR | $610 | $915 | $1,221 | $1,526 | $1,831 | $2,136 | $2,442 |
| 4BR | $681 | $1,021 | $1,362 | $1,702 | $2,043 | $2,383 | $2,724 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $24,660 | $41,100 | $49,320 | $65,760 |
| 2 persons | $28,200 | $47,000 | $56,400 | $75,200 |
| 3 persons | $31,710 | $52,850 | $63,420 | $84,560 |
| 4 persons | $35,220 | $58,700 | $70,440 | $93,920 |
| 5 persons | $38,040 | $63,400 | $76,080 | $101,440 |
| 6 persons | $40,860 | $68,100 | $81,720 | $108,960 |
| 7 persons | $43,680 | $72,800 | $87,360 | $116,480 |
| 8 persons | $46,500 | $77,500 | $93,000 | $124,000 |
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 York County to see the sources and uses, bond test, DSCR, and funding gap using these rents.