HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Williamsburg city, Virginia (FY 2027)
$1,667 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Williamsburg city, and it's the baseline every voucher in Williamsburg 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
28th 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 Williamsburg actually rent for?
Search any address in Williamsburg 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 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 Williamsburg city the five published rates run from $1,470 to $2,710, studio through four bedrooms.
Williamsburg 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. Williamsburg comes in at $1,667, about 32% above that, and ranks 28th of 133 in Virginia. Against the national median county ($1,063) it's about 57% above. Population is around 15,798.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the one ZIP code it covers in Williamsburg, the two-bedroom rate is $1,590 across the board, so there's no ZIP-level story here.
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 Williamsburg.
Virginia Beach city
456,349 people
$1,667
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
Nearby counties
Two-bedroom FMR, with how each compares to Williamsburg.
James City County
2 mi · 81,013 people
$1,667
same rate
York County
13 mi · 71,005 people
$1,667
same rate
Gloucester County
14 mi · 39,526 people
$1,667
same rate
Surry County
14 mi · 6,549 people
$1,064
-36%
Charles City County
18 mi · 6,627 people
$1,651
-1%
New Kent County
18 mi · 25,105 people
$1,651
-1%
Newport News city
18 mi · 184,216 people
$1,667
same rate
Mathews County
24 mi · 8,540 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 Williamsburg actually go for?
HUD's number is one input. Search any address in Williamsburg for a rent estimate built from nearby comps. Free to start, no card.
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