Fair Market Rents: Pasquotank County, NC (FY2026)
HUD's FY2026 Fair Market Rents for Pasquotank County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | NC median* |
|---|---|---|
| Studio (0-BR) | $921/mo | $858 (+7%) |
| 1 Bedroom | $927/mo | $887 (+5%) |
| 2 Bedrooms | $1,216/mo | $1,095 (+11%) |
| 3 Bedrooms | $1,640/mo | $1,372 (+20%) |
| 4+ Bedrooms | $1,899/mo | $1,660 (+14%) |
*Median across all FMR-publishing counties in NC. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Pasquotank County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Pasquotank County
We track 16 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Elizabeth City | 18 | 1,151 |