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HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027

Fair Market Rent in Suffolk city, Virginia (FY 2027)

$1,667 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Suffolk city, and it's the baseline every voucher in Suffolk is measured against.

Two-bedroom FMR

$1,667

-2.7% from FY 2026

Payment standard

$1,500–$1,834

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

Income to afford

$66,680

a year, with rent at 30% of income

Rank in Virginia

26th 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.

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2026
Studio$1,470$1,323–$1,617$58,800$28.27/hr-1.5%
1 bedroom$1,488$1,339–$1,637$59,520$28.62/hr-1.6%
2 bedroom$1,667$1,500–$1,834$66,680$32.06/hr-2.7%
3 bedroom$2,298$2,068–$2,528$91,920$44.19/hr-3.3%
4 bedroom$2,710$2,439–$2,981$108,400$52.12/hr-3.1%
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$3,117$2,805–$3,429
6 bedroom Estimate$3,523$3,171–$3,875
7 bedroom Estimate$3,930$3,537–$4,323
8 bedroom Estimate$4,336$3,902–$4,770

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 Suffolk actually rent for?

Search any address in Suffolk 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 $1,500 and $1,834. 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 $66,680 a year to afford $1,667 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%$1,500Voucher pays at 100%$1,667Voucher pays at 110%$1,834
$2,500$750$750$917$1,084
$4,000$1,200$300$467$634
Run your own numbers in the Section 8 rent calculator

Rate history

The two-bedroom rate went down 3% from FY 2026 ($1,713) to FY 2027 ($1,667). Since FY 2020 it's up 47% in total, about 5.6% a year. The Virginia median moved up 1% over the same year.

Fiscal yearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$952$958$1,136$1,603$1,994—
FY 2021$960$972$1,147$1,618$1,986+1.0%
FY 2022$993$1,015$1,193$1,676$2,042+4.0%
FY 2023$1,116$1,137$1,329$1,857$2,264+11.4%
FY 2024$1,279$1,287$1,493$2,079$2,532+12.3%
FY 2025$1,475$1,483$1,696$2,361$2,809+13.6%
FY 2026$1,492$1,512$1,713$2,376$2,797+1.0%
FY 2027In effect$1,470$1,488$1,667$2,298$2,710-2.7%

Get FY 2028 Suffolk city 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 2027 runs October 1, 2026 through September 30, 2027, and in Suffolk city the five published rates run from $1,470 to $2,710, studio through four bedrooms.

Suffolk doesn't get its own number. It sits inside the Virginia Beach-Norfolk-Newport News metro and shares one rate with 14 other cities, including Virginia Beach city, Chesapeake city, Norfolk 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 $1,262. Suffolk comes in at $1,667, about 32% above that, and ranks 26th of 133 in Virginia. Against the national median county ($1,063) it's about 57% above. Population is around 98,796.

Rates by ZIP code

HUD also publishes Small Area FMRs for the 9 ZIP codes it covers in Suffolk. Two-bedroom rates run from $1,290 in 23437 (Suffolk) to $2,050 in 23435 (Suffolk), a $760 spread inside one city. Whether your housing authority uses the ZIP rate or the city rate depends on whether HUD has designated this area for Small Area FMRs. Ask the PHA which one it's on before you price a unit.

ZIPCity2BR ratevs county
23432Suffolk$1,660-0.4%
23433Suffolk$1,980+18.8%
23434Suffolk$1,540-7.6%
23435Suffolk$2,050+23.0%
23436Suffolk$2,020+21.2%
23437Suffolk$1,290-22.6%
23438Suffolk$1,800+8.0%
23439Suffolk$1,720+3.2%
23453Virginia Beach$1,970+18.2%

Counties sharing the Virginia Beach-Norfolk-Newport News metro rate

HUD sets one rate for the whole metro, so every county here carries the same $1,667 two-bedroom figure as Suffolk.

And 2 more in Virginia

Nearby counties

Two-bedroom FMR, with how each compares to Suffolk.

Questions people ask

$1,667 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,470 for a studio, $1,488 for one bedroom, $2,298 for three and $2,710 for four.

What does a rental in Suffolk actually go for?

HUD's number is one input. Search any address in Suffolk for a rent estimate built from nearby comps. Free to start, no card.

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