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FY2017 Hypothetical Small Area FMRs For Davidson County, NC

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Davidson County is part of the Winston-Salem, NC MSA.

Davidson County, NC Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
27012 $650 $680 $820 $1,130 $1,330 1.177
27107 $540 $570 $690 $950 $1,120 0.988
27127 $620 $650 $790 $1,090 $1,280 1.127
27239 $530 $560 $670 $920 $1,080 0.937
27262 $590 $640 $740 $990 $1,180 0.994
27265 $680 $740 $860 $1,160 $1,370 1.159
27284 $580 $610 $740 $1,020 $1,200 1.056
27292 $510 $540 $650 $890 $1,050 0.937
27293 $510 $540 $650 $890 $1,050 0.929
27295 $520 $540 $660 $910 $1,070 0.949
27299 $500 $530 $640 $880 $1,030 0.861
27351 $510 $540 $650 $890 $1,050 0.929
27360 $500 $530 $640 $880 $1,030 0.871
27374 $510 $540 $650 $890 $1,050 0.929
28127 $500 $530 $640 $880 $1,030 0.817

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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