HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in King and Queen County, Virginia (FY 2027)
A two-bedroom in King and Queen County carries a FY 2027 Fair Market Rent of $1,170 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in King and Queen keys off that figure.
Two-bedroom FMR
$1,170
-6.4% from FY 2026
Payment standard
$1,053–$1,287
90% to 110% of the FMR, two-bedroom
Income to afford
$46,800
a year, with rent at 30% of income
Rank in Virginia
76th of 133
by two-bedroom FMR, highest first
FY 2027 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.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,032 | $929–$1,135 | $41,280 | $19.85/hr | -5.2% |
| 1 bedroom | $1,075 | $968–$1,183 | $43,000 | $20.67/hr | -5.6% |
| 2 bedroom | $1,170 | $1,053–$1,287 | $46,800 | $22.50/hr | -6.4% |
| 3 bedroom | $1,435 | $1,292–$1,579 | $57,400 | $27.60/hr | -6.6% |
| 4 bedroom | $1,771 | $1,594–$1,948 | $70,840 | $34.06/hr | -8.2% |
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.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,037 | $1,833–$2,241 |
| 6 bedroom Estimate | $2,302 | $2,072–$2,532 |
| 7 bedroom Estimate | $2,568 | $2,311–$2,825 |
| 8 bedroom Estimate | $2,834 | $2,551–$3,117 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in King and Queen actually rent for?
Search any address in King and Queen for a rent estimate built from nearby comps, with the HUD figure right next to it.
No card needed
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in King and Queen somewhere between $1,053 and $1,287. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,170 a month is affordable, by HUD's 30% rule, on an income of roughly $46,800 a year. Put another way, $23 an hour full time.
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 income | Tenant pays (30%) | Voucher pays at 90%$1,053 | Voucher pays at 100%$1,170 | Voucher pays at 110%$1,287 |
|---|---|---|---|---|
| $2,500 | $750 | $303 | $420 | $537 |
| $4,000 | $1,200 | $0 | $0 | $87 |
Rate history
The two-bedroom rate went down 6% from FY 2026 ($1,250) to FY 2027 ($1,170). Since FY 2020 it's up 32% in total, about 4.1% a year. The Virginia median moved up 1% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $597 | $705 | $885 | $1,105 | $1,329 | — |
| FY 2021 | $538 | $635 | $797 | $1,068 | $1,197 | -9.9% |
| FY 2022 | $608 | $621 | $718 | $1,027 | $1,109 | -9.9% |
| FY 2023 | $781 | $799 | $902 | $1,282 | $1,419 | +25.6% |
| FY 2024 | $947 | $973 | $1,092 | $1,539 | $1,708 | +21.1% |
| FY 2025 | $1,152 | $1,197 | $1,325 | $1,645 | $2,075 | +21.3% |
| FY 2026 | $1,089 | $1,139 | $1,250 | $1,536 | $1,929 | -5.7% |
| FY 2027In effect | $1,032 | $1,075 | $1,170 | $1,435 | $1,771 | -6.4% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In King and Queen, that runs from $1,032 for a studio up to $1,771 for four bedrooms, all five rates in the table above.
King and Queen is its own HUD metro area (King and Queen County, VA), so the rate here is set from rents inside the county rather than a wider region.
Among Virginia's 133 counties, King and Queen ranks 76th for two-bedroom FMR. That's about 7% below the state median of $1,262 and about 10% above the national median county at $1,063. About 6,695 people live here, 123rd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,130 in 23156 (Shacklefords) and $1,490 in 23177 (Walkerton), with the 10 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 23023 | Bruington | $1,150 | -1.7% |
| 23085 | King And Queen Court House | $1,170 | 0.0% |
| 23091 | Little Plymouth | $1,170 | 0.0% |
| 23108 | Mascot | $1,170 | 0.0% |
| 23110 | Mattaponi | $1,170 | 0.0% |
| 23126 | Newtown | $1,160 | -0.9% |
| 23148 | Saint Stephens Church | $1,190 | +1.7% |
| 23156 | Shacklefords | $1,130 | -3.4% |
| 23161 | Stevensville | $1,170 | 0.0% |
| 23177 | Walkerton | $1,490 | +27.4% |
Nearby counties
Two-bedroom FMR, with how each compares to King and Queen.
King William County
9 mi · 18,593 people
$1,651
+41%
Essex County
14 mi · 10,623 people
$1,155
-1%
New Kent County
17 mi · 25,105 people
$1,651
+41%
Richmond County
19 mi · 9,095 people
$1,187
+1%
Middlesex County
22 mi · 10,847 people
$1,259
+8%
Lancaster County
23 mi · 10,936 people
$1,091
-7%
Charles City County
25 mi · 6,627 people
$1,651
+41%
James City County
28 mi · 81,013 people
$1,667
+42%
Questions people ask
$1,170 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,032 for a studio, $1,075 for one bedroom, $1,435 for three and $1,771 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in King and Queen actually go for?
HUD's number is one input. Search any address in King and Queen for a rent estimate built from nearby comps. Free to start, no card.
Free tier. No credit card.