Fair Market Rent Schedule

Home Fair Market Rent Schedule

The fair market rent (FMR) for Scotland County for 2025 is as follows:

HUD Published FMR s For Scotland Co.

Year

FY: 2025

Efficiency

$788

One Bedroom

$793

Two Bedroom

$930

Three Bedroom

$1,228

Four Bedroom

$1,233

‘Scotland County, NC is a non-metropolitan county. Effective October 1, 2024.

The PHA (SCAP, Inc.) is required to establish payment standards for each unit size in an FMR area. Unit size is measured by the number of bedrooms in a unit. The payment standards may be within several ranges depending on facts about the rental market.

Payment standards may be established:

  • Within the “basic range,” which is between 90 percent to 110 percent of the 40th percentile FMR.
  • Between 90 percent and 110 percent of the 50th percentile rent if the PHA has obtained HUD’s approval for “success rate” payment standards.

Payment standards are used in the calculation of the housing assistance payment (HAP) that the Public Housing Agency (PHA) pays to the owner on behalf of the family leasing the unit. 24 C.F.R. 982.4 defines Payment Standard as the maximum monthly assistance payment for a family assisted in the voucher program (before deducting the total tenant payment by the family). SCAP, Inc.’s payment standard is 100% of the FMR for Scotland Co. see chart below:

Payment Standard

Current
100% FMR

Efficiency

$788
$788

One Bedroom

$793
$793

Two Bedroom

$930
$930

Three Bedroom

$1,228
$1,228

Four Bedroom

$1,233
$1,233

A decrease of two dollars from SCAP, Inc. last year’s payment standard for bedroom size.

Most PHAs will establish payment standards within the basic range. Within the basic range, the payment standard is set between 90 percent and 110 percent of the 40th percentile published FMR. SCAP, Inc.’s payment standard keeps our agency within the basic range.

‘HUDUSER
OFFICE OF POLICY DEVELOPMENT
AND RESEARCH (PD&R) Fair Market Rents (40th Percentile Rents)

Mission: “In partnership with others, we work to improve our community and provide services that will empower  vulnerable populations to achieve their maximum potential.”

Serving Bladen, Brunswick, Columbus, Hoke, Pender, Robeson, and Scotland Counties since 1964!