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HUD Fair Market Rent · FY 2026 · Effective Oct 1, 2025 to Sep 30, 2026

Fair Market Rent in Charles City County, Virginia (FY 2026)

HUD's FY 2026 Fair Market Rent for a two-bedroom in Charles City County is $1,655 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.

Two-bedroom FMR

$1,655

-3.3% from FY 2025

Payment standard

$1,490–$1,821

90% to 110% of the FMR, two-bedroom

Income to afford

$66,200

a year, with rent at 30% of income

Rank in Virginia

35th of 133

by two-bedroom FMR, highest first

FY 2027

HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Charles City moves to $1,651. That's unchanged. The full FY 2027 table is in the history section below.

FY 2026 Fair Market Rents

Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2025
Studio$1,442$1,298–$1,586$57,680$27.73/hr-3.1%
1 bedroom$1,507$1,356–$1,658$60,280$28.98/hr-2.5%
2 bedroom$1,655$1,490–$1,821$66,200$31.83/hr-3.3%
3 bedroom$2,072$1,865–$2,279$82,880$39.85/hr-4.3%
4 bedroom$2,553$2,298–$2,808$102,120$49.10/hr-4.6%
Five to eight bedrooms (PropMetrics estimates)

HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$2,936$2,642–$3,230
6 bedroom Estimate$3,319$2,987–$3,651
7 bedroom Estimate$3,702$3,332–$4,072
8 bedroom Estimate$4,085$3,677–$4,494

Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov

Market check

HUD's number is one input. What does a two-bedroom in Charles City actually rent for?

Search any address in Charles City for a rent estimate built from nearby comps, with the HUD figure right next to it.

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What a voucher pays here

The FMR isn't the check you'd receive. Your local housing authority turns it into a payment standard, set between 90% and 110% of FMR, so a two-bedroom here lands between $1,490 and $1,821. Subtract about 30% of the tenant's income and that's the housing assistance payment. If you ask more than similar unassisted units rent for, the PHA's rent reasonableness check will push back.

At the standard 30% of income, a household needs about $66,200 a year to afford $1,655 a month. On a 40-hour week that's $32 an hour.

Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.

Monthly household incomeTenant pays (30%)Voucher pays at 90%$1,490Voucher pays at 100%$1,655Voucher pays at 110%$1,821
$2,500$750$740$905$1,071
$4,000$1,200$290$455$621
Run your own numbers in the Section 8 rent calculator

Rate history

The two-bedroom rate went down 3% from FY 2025 ($1,711) to FY 2026 ($1,655). Since FY 2020 it's up 56% in total, about 7.7% a year. The Virginia median moved up 5% over the same year.

Fiscal yearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$899$932$1,061$1,410$1,686
FY 2021$993$1,020$1,163$1,538$1,840+9.6%
FY 2022$1,022$1,044$1,189$1,556$1,864+2.2%
FY 2023$1,157$1,183$1,336$1,727$2,100+12.4%
FY 2024$1,328$1,365$1,532$1,959$2,393+14.7%
FY 2025$1,488$1,545$1,711$2,166$2,677+11.7%
FY 2026In effect$1,442$1,507$1,655$2,072$2,553-3.3%
FY 2027From Oct 1, 2026$1,456$1,517$1,651$2,039$2,499-0.2%

Get FY 2028 Charles City County rates the day HUD publishes them

HUD updates Fair Market Rents every fall. One email a year, no newsletter.

About this rate

HUD sets Fair Market Rent once a year, based on what typical units in the area actually rent for, with utilities folded in. FY 2026 runs October 1, 2025 through September 30, 2026, and in Charles City County the five published rates run from $1,442 to $2,553, studio through four bedrooms.

Charles City doesn't get its own number. It sits inside the Richmond metro and shares one rate with 15 other counties, including Chesterfield County, Henrico County, Richmond city. HUD sets metro FMRs from rents across the whole metro, which is why a rural corner of a big metro can carry a city-sized rate.

The state median two-bedroom FMR is $1,254. Charles City comes in at $1,655, about 32% above that, and ranks 35th of 133 in Virginia. Against the national median county ($1,018) it's about 63% above. Population is around 6,760.

Rates by ZIP code

HUD also publishes Small Area FMRs by ZIP code. For the 2 ZIP codes it covers in Charles City, the two-bedroom rate is $1,540 across the board, so there's no ZIP-level story here.

ZIPCity2BR ratevs county
23030Charles City$1,540-6.9%
23147Ruthville$1,540-6.9%

Counties sharing the Richmond metro rate

HUD sets one rate for the whole metro, so every county here carries the same $1,655 two-bedroom figure as Charles City.

And 3 more in Virginia

Nearby counties

Two-bedroom FMR, with how each compares to Charles City.

Questions people ask

$1,655 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,442 for a studio, $1,507 for one bedroom, $2,072 for three and $2,553 for four.

What does a rental in Charles City actually go for?

HUD's number is one input. Search any address in Charles City for a rent estimate built from nearby comps. 3 free searches, no card.

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