FY 2025 Fair Market Rent Documentation System

The FY 2025 Transylvania County, NC FMRs for All Bedroom Sizes

FINAL FY 2025 FMRs By Unit Bedrooms
Year	Efficiency	One-Bedroom	Two-Bedroom	Three-Bedroom	Four-Bedroom
FY 2025 FMR	$871	$877	$1,150	$1,386	$1,729
FY 2024 FMR	$853	$858	$1,128	$1,364	$1,738

Transylvania County, NC is a non-metropolitan county.

The FY 2025 Fair Market Rents for Transylvania County, NC are based on the results of a local rent survey conducted in November 2021.

The locally conducted survey is more current than the available ACS data. Therefore HUD calculates the locally based survey 2-bedroom FMR using the following steps:

The local survey is adjusted to annual 2021 dollars by multiplying the survey rent value for 2021 by the annual CPI-based Gross Rent value for 2021 divided by the CPI-based Gross Rent value for November 2021. This calculation is:
$927 * (192.675/196.803) =

$908
The annually adjusted survey value of $908 is augmented by the growth in gross rents from the South Census region measured between 2021 and 2023, using annual inflation factors for each year. This calculation is:
$908 * 1.0844 * 1.0585 =

$1,042
The CPI adjusted survey value of $1,042 is trended forward to the mid-point of FY2025 using the South Census region trend factor of 1.1043. This calculation is:
$1,042 * 1.1043 =

$1,150

Permanent link to this page: http://www.huduser.gov/portal/datasets/fmr/fmrs/FY2025_code/2025summary.odn?&year=2025&fmrtype=FINAL&selection_type=county&fips=3717599999

Select a different area

Press below to select a different county within the same state (same primary state for metropolitan areas):

Select a FINAL FY 2025 Metropolitan FMR Area:

Prepared by the Program Parameters and Research Division, HUD. Technical Problems or questions? Contact Us.