HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Virginia Beach city, Virginia (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Virginia Beach city is $1,667 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
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
27th 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 | $1,470 | $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.
| Bedrooms | Estimated FMR | Payment 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 Virginia Beach actually rent for?
Search any address in Virginia Beach 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 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 income | Tenant pays (30%) | Voucher pays at 90%$1,500 | Voucher pays at 100%$1,667 | Voucher pays at 110%$1,834 |
|---|---|---|---|---|
| $2,500 | $750 | $750 | $917 | $1,084 |
| $4,000 | $1,200 | $300 | $467 | $634 |
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 year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR 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% |
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 Virginia Beach city the five published rates run from $1,470 to $2,710, studio through four bedrooms.
Virginia Beach 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 Chesapeake city, Norfolk city, Newport News 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. Virginia Beach comes in at $1,667, about 32% above that, and ranks 27th of 133 in Virginia. Against the national median county ($1,063) it's about 57% above. Population is around 456,349.
Rates by ZIP code
HUD also publishes Small Area FMRs for the 17 ZIP codes it covers in Virginia Beach. Two-bedroom rates run from $1,710 in 23457 (Virginia Beach) to $2,280 in 23456 (Virginia Beach), a $570 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.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 23450 | Virginia Beach | $1,900 | +14.0% |
| 23451 | Virginia Beach | $2,030 | +21.8% |
| 23452 | Virginia Beach | $1,940 | +16.4% |
| 23454 | Virginia Beach | $1,910 | +14.6% |
| 23455 | Virginia Beach | $1,950 | +17.0% |
| 23456 | Virginia Beach | $2,280 | +36.8% |
| 23457 | Virginia Beach | $1,710 | +2.6% |
| 23458 | Virginia Beach | $1,667County rate | — |
| 23459 | Virginia Beach | $1,840 | +10.4% |
| 23460 | Virginia Beach | $1,920 | +15.2% |
| 23461 | Virginia Beach | $2,010 | +20.6% |
| 23462 | Virginia Beach | $2,010 | +20.6% |
| 23463 | Virginia Beach | $1,900 | +14.0% |
| 23464 | Virginia Beach | $1,930 | +15.8% |
| 23465 | Virginia Beach | $1,667County rate | — |
| 23466 | Virginia Beach | $1,900 | +14.0% |
| 23467 | Virginia Beach | $1,900 | +14.0% |
| 23471 | Virginia Beach | $1,900 | +14.0% |
| 23479 | Virginia Beach | $1,900 | +14.0% |
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 Virginia Beach.
Chesapeake city
252,583 people
$1,667
Norfolk city
233,596 people
$1,667
Newport News city
184,216 people
$1,667
Hampton city
137,557 people
$1,667
Suffolk city
98,796 people
$1,667
Portsmouth city
97,190 people
$1,667
James City County
81,013 people
$1,667
York County
71,005 people
$1,667
Isle of Wight County
39,974 people
$1,667
Gloucester County
39,526 people
$1,667
Currituck County
NC · 30,601 people
$1,667
Williamsburg city
15,798 people
$1,667
Nearby counties
Two-bedroom FMR, with how each compares to Virginia Beach.
Chesapeake city
13 mi · 252,583 people
$1,667
same rate
Norfolk city
13 mi · 233,596 people
$1,667
same rate
Portsmouth city
16 mi · 97,190 people
$1,667
same rate
Hampton city
23 mi · 137,557 people
$1,667
same rate
Suffolk city
27 mi · 98,796 people
$1,667
same rate
Poquoson city
29 mi · 12,639 people
$1,667
same rate
Newport News city
33 mi · 184,216 people
$1,667
same rate
Isle of Wight County
35 mi · 39,974 people
$1,667
same rate
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.
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 Virginia Beach actually go for?
HUD's number is one input. Search any address in Virginia Beach for a rent estimate built from nearby comps. Free to start, no card.
Free tier. No credit card.