Skip to content
FMRbyZIP
Menu
Metro FMR area · VA · HUD FY 2027

Richmond, VA Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Richmond, VA area is $1,651 a month, 8% below the Virginia average and 6% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 118 ZIP codes range from $940 to $2,480.

  • $1,6512-bedroom FMR−$4 (−0.2%) vs FY 2026
  • $1,5171-bedroom FMRU.S.: $1,478
  • $66,040Income for a 2-bedroomat 30% of income
  • 1,334,553Residents16 counties

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,651/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Richmond, VA FMR$1,651$66,040–
Virginia average$1,792$71,689–
U.S. average$1,761$70,432–
Richmond, VA Fair Market Rents, FY 2027 vs FY 2026
UnitRichmond, VA FY 2027FY 2026ChangeVirginia avgU.S. avgIncome needed
Studio$1,456$1,442+$14 (+1.0%)$1,536$1,379$58,240
1 bedroom$1,517$1,507+$10 (+0.7%)$1,596$1,478$60,680
2 bedrooms$1,651$1,655−$4 (−0.2%)$1,792$1,761$66,040
3 bedrooms$2,039$2,072−$33 (−1.6%)$2,326$2,266$81,560
4 bedrooms$2,499$2,553−$54 (−2.1%)$2,752$2,607$99,960

Counties in this FMR area

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,550.

FY 2027 Small Area Fair Market Rents, Richmond, VA
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
22546$1,130$1,250$1,510$2,090$2,530−$50 (−3.2%)9% below
23002$1,380$1,430$1,560$1,930$2,360−$10 (−0.6%)6% below
23005$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23009$1,330$1,390$1,510$1,870$2,300−$90 (−5.6%)9% below
23011$1,410$1,440$1,590$2,080$2,500−$70 (−4.2%)4% below
23015$1,120$1,230$1,400$1,850$2,200+$20 (+1.4%)15% below
23024$1,070$1,150$1,260$1,710$1,940+$20 (+1.6%)24% below
23030$1,310$1,370$1,490$1,870$2,300−$50 (−3.2%)10% below
23038$1,300$1,450$1,650$2,000$2,460+$90 (+5.8%)about the same as
23039$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23047$1,300$1,360$1,490$1,930$2,350−$50 (−3.2%)10% below
23058$1,530$1,590$1,730$2,140$2,620+$10 (+0.6%)5% above
23059$1,910$1,990$2,170$2,680$3,280−$30 (−1.4%)31% above
23060$1,730$1,800$1,960$2,420$2,970+$50 (+2.6%)19% above
23063$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23065$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23067$1,610$1,680$1,830$2,260$2,770−$10 (−0.5%)11% above
23069$1,400$1,490$1,650$2,070$2,540−$110 (−6.2%)about the same as
23075$1,310$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23083$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23084$1,300$1,450$1,650$2,000$2,460+$90 (+5.8%)about the same as
23086$1,320$1,380$1,500$1,870$2,300−$40 (−2.6%)9% below
23089$1,490$1,540$1,690$2,150$2,610+$60 (+3.7%)2% above
23093$1,300$1,450$1,650$2,000$2,460+$90 (+5.8%)about the same as
23102$1,440$1,500$1,630$2,020$2,480−$70 (−4.1%)1% below
23103$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23105$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23106$1,540$1,610$1,760$2,180$2,670−$40 (−2.2%)7% above
23111$1,600$1,660$1,810$2,240$2,740+$10 (+0.6%)10% above
23112$1,750$1,830$1,990$2,460$3,010+$10 (+0.5%)21% above
23113$1,780$1,860$2,020$2,490$3,060+$20 (+1.0%)22% above
23114$1,720$1,790$1,950$2,410$2,950−$20 (−1.0%)18% above
23116$2,010$2,090$2,280$2,820$3,450+$80 (+3.6%)38% above
23117$970$1,050$1,140$1,560$1,760−$20 (−1.7%)31% below
23120$2,190$2,280$2,480$3,060$3,750no change50% above
23124$1,510$1,570$1,720$2,130$2,610+$30 (+1.8%)4% above
23129$1,360$1,410$1,540$1,900$2,330−$100 (−6.1%)7% below
23139$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23140$1,470$1,530$1,670$2,090$2,570−$180 (−9.7%)1% above
23141$1,510$1,570$1,710$2,110$2,590+$80 (+4.9%)4% above
23146$1,710$1,790$1,960$2,450$3,020−$210 (−9.7%)19% above
23147$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23150$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23153$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23160$1,300$1,360$1,490$1,870$2,300−$60 (−3.9%)10% below
23162$1,540$1,610$1,750$2,160$2,650+$20 (+1.2%)6% above
23173$1,570$1,640$1,790$2,210$2,710−$10 (−0.6%)8% above
23177$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23181$1,340$1,400$1,520$1,880$2,300−$60 (−3.8%)8% below
23185$1,530$1,550$1,740$2,400$2,830−$60 (−3.3%)5% above
23192$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23218$1,400$1,460$1,590$1,960$2,410no change4% below
23219$1,540$1,610$1,750$2,160$2,650+$40 (+2.3%)6% above
23220$1,750$1,820$1,980$2,450$3,000−$30 (−1.5%)20% above
23221$1,700$1,770$1,930$2,380$2,920−$60 (−3.0%)17% above
23222$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23223$1,370$1,420$1,550$1,910$2,350no change6% below
23224$1,310$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23225$1,440$1,500$1,630$2,010$2,470−$20 (−1.2%)1% below
23226$1,800$1,870$2,040$2,520$3,090−$70 (−3.3%)24% above
23227$1,360$1,410$1,540$1,900$2,330no change7% below
23228$1,600$1,660$1,810$2,240$2,740−$10 (−0.5%)10% above
23229$1,450$1,520$1,650$2,040$2,500+$20 (+1.2%)about the same as
23230$1,620$1,690$1,840$2,270$2,790+$10 (+0.5%)11% above
23231$1,340$1,400$1,520$1,880$2,300−$20 (−1.3%)8% below
23232$1,400$1,460$1,590$1,960$2,410no change4% below
23233$1,810$1,880$2,050$2,530$3,100+$20 (+1.0%)24% above
23234$1,340$1,400$1,520$1,880$2,300−$20 (−1.3%)8% below
23235$1,680$1,750$1,900$2,350$2,880−$10 (−0.5%)15% above
23236$1,780$1,860$2,020$2,490$3,060+$50 (+2.5%)22% above
23237$1,370$1,420$1,550$1,910$2,350−$90 (−5.5%)6% below
23238$1,700$1,770$1,930$2,380$2,920+$10 (+0.5%)17% above
23241$1,400$1,460$1,590$1,960$2,410no change4% below
23242$1,530$1,590$1,730$2,140$2,620+$10 (+0.6%)5% above
23250$1,530$1,590$1,730$2,140$2,620+$10 (+0.6%)5% above
23255$1,530$1,590$1,730$2,140$2,620+$10 (+0.6%)5% above
23260$1,400$1,460$1,590$1,960$2,410no change4% below
23261$1,400$1,460$1,590$1,960$2,410no change4% below
23284$1,630$1,700$1,850$2,280$2,800−$160 (−8.0%)12% above
23286$1,400$1,460$1,590$1,960$2,410no change4% below
23293$1,400$1,460$1,590$1,960$2,410no change4% below
23294$1,740$1,810$1,970$2,430$2,980no change19% above
23297$1,600$1,660$1,810$2,240$2,740+$10 (+0.6%)10% above
23298$1,540$1,610$1,750$2,160$2,650+$40 (+2.3%)6% above
23801$1,890$1,970$2,140$2,640$3,240−$80 (−3.6%)30% above
23803$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23804$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23805$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23824$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23829$800$820$940$1,270$1,590−$30 (−3.1%)43% below
23830$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23831$1,620$1,690$1,840$2,270$2,790no change11% above
23832$1,900$1,980$2,150$2,650$3,250−$20 (−0.9%)30% above
23833$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23834$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23836$1,690$1,760$1,920$2,370$2,910−$10 (−0.5%)16% above
23837$910$930$1,070$1,440$1,790−$50 (−4.5%)35% below
23838$1,530$1,590$1,730$2,140$2,620−$10 (−0.6%)5% above
23840$1,420$1,480$1,610$1,990$2,440no change2% below
23841$1,300$1,360$1,490$1,870$2,300−$70 (−4.5%)10% below
23842$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23847$820$830$1,000$1,390$1,670+$10 (+1.0%)39% below
23850$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23860$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23867$870$880$1,050$1,430$1,730+$30 (+2.9%)36% below
23872$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23875$1,320$1,380$1,500$1,870$2,300−$40 (−2.6%)9% below
23881$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23882$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23884$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23885$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23888$1,010$1,040$1,150$1,450$1,780−$40 (−3.4%)30% below
23890$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23891$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23894$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23897$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23922$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below
23966$1,300$1,360$1,490$1,870$2,300−$50 (−3.2%)10% below

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.