Fair Market Rent, four bedrooms (HUD, monthly) in Wake County
Fair Market Rent, four bedrooms (HUD, monthly) in Wake County was $2,823 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is down 3.8% from 2026. That is the 4th highest of 100 counties in 2027.
Fair Market Rent, four bedrooms (HUD, monthly) in Wake County, 2010 to 2027
All 18 values
| Period | USD |
|---|---|
| 2027 | 2,823 |
| 2026 | 2,936 |
| 2025 | 2,961 |
| 2024 | 2,711 |
| 2023 | 2,293 |
| 2022 | 1,982 |
| 2021 | 1,950 |
| 2020 | 1,895 |
| 2019 | 1,764 |
| 2018 | 1,656 |
| 2017 | 1,592 |
| 2016 | 1,513 |
| 2015 | 1,477 |
| 2014 | 1,377 |
| 2013 | 1,412 |
| 2012 | 1,105 |
| 2011 | 1,129 |
| 2010 | 1,115 |
Rankings
Definition
Monthly gross rent, in US dollars, that the U.S. Department of Housing and Urban Development (HUD) sets for a four-bedroom unit in the HUD area that contains the county. Gross rent is the rent plus all utilities paid by the tenant except telephone, cable or satellite television and internet. HUD sets Fair Market Rents at the 40th percentile of gross rents paid by recent movers for standard-quality rental units, from American Community Survey data brought forward to the fiscal year; until 2018 a few metropolitan areas were set at the 50th percentile. They set payment standards for Housing Choice Vouchers and rent ceilings in other HUD programs.
A policy benchmark, not a measured rent: it is lower than the median rent by design and differs from the Census Bureau median gross rent. HUD sets one value per HUD area, a metropolitan area (sometimes split into HUD Metro FMR Areas) or a non-metropolitan county, so every county of a metropolitan area shows the same figure. Counties in the six New England states have no value, because HUD defines their areas by town and a county can span several areas. Where HUD splits off part of a county, the county value is the rest of the county: Howard County, Maryland, without Columbia until FY2015, and Crawford County, Missouri, without its part of Sullivan. The year is HUD's federal fiscal year: FY2027 runs from 1 October 2026 to 30 September 2027.
How to cite
U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.Citation styles
APA 7
U.S. Department of Housing and Urban Development, Office of Policy Development and Research. (n.d.). HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars (Fair Market Rent, four bedrooms (HUD, monthly), Wake County, 2010 to 2027) [Data set]. Retrieved October 12, 2026, from https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx
MLA 9
HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars, Fair Market Rent, four bedrooms (HUD, monthly), Wake County, 2010 to 2027. U.S. Department of Housing and Urban Development, Office of Policy Development and Research, https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Invokely, https://invokely.ai/en/fair-market-rent-four-bedroom/wake-county-north-carolina. Accessed 12 Oct. 2026.
Chicago (author-date)
U.S. Department of Housing and Urban Development, Office of Policy Development and Research. n.d. HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars. Fair Market Rent, four bedrooms (HUD, monthly), Wake County, 2010 to 2027. Dataset. Accessed October 12, 2026. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Also distributed by Invokely, https://invokely.ai/en/fair-market-rent-four-bedroom/wake-county-north-carolina.
Harvard
U.S. Department of Housing and Urban Development, Office of Policy Development and Research (no date) HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars, Fair Market Rent, four bedrooms (HUD, monthly), Wake County, 2010 to 2027 [Dataset]. Available at: https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx, via Invokely: https://invokely.ai/en/fair-market-rent-four-bedroom/wake-county-north-carolina (Accessed: 12 October 2026).
BibTeX
@misc{department_fair_market_rent_four_2027,
author = {{U.S. Department of Housing and Urban Development, Office of Policy Development and Research}},
title = {{HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars: Fair Market Rent, four bedrooms (HUD, monthly), Wake County, 2010 to 2027}},
howpublished = {Data set},
url = {https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx},
urldate = {2026-10-12},
note = {Accessed via Invokely, https://invokely.ai/en/fair-market-rent-four-bedroom/wake-county-north-carolina. Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27\_FMRs.xlsx. Retrieved 2026-10-12.},
}
RIS
TY - DATA
AU - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
TI - HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars: Fair Market Rent, four bedrooms (HUD, monthly), Wake County, 2010 to 2027
PB - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
DB - Invokely
UR - https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx
L2 - https://invokely.ai/en/fair-market-rent-four-bedroom/wake-county-north-carolina
Y2 - 2026/10/12
N1 - Accessed via Invokely, https://invokely.ai/en/fair-market-rent-four-bedroom/wake-county-north-carolina.
N1 - Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.
ER -
Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
What is the latest fair Market Rent, four bedrooms (HUD, monthly) in Wake County? Cite the source.
get_value {"indicator":"fair_market_rent_4br","place":"us-county-37183"}
GET https://invokely.ai/api/v1/value?indicator=fair_market_rent_4br&place=us-county-37183Questions
What is the fair Market Rent, four bedrooms (HUD, monthly) in Wake County?
Fair Market Rent, four bedrooms (HUD, monthly) in Wake County was $2,823 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is down 3.8% from 2026. That is the 4th highest of 100 counties in 2027.
Where does this figure come from?
U.S. Department of Housing and Urban Development, Office of Policy Development and Research. HUD Fair Market Rents by county: four bedrooms, monthly gross rent in dollars. Retrieved by Invokely on 2026-10-12.
What was the highest fair Market Rent, four bedrooms (HUD, monthly) in Wake County?
$2,961 in 2025, the highest value since 2010 in this series.