FMR is below market; voucher rent may lag private rents.
0.81
1 BR
1 BR- 96701
0.78ratio
FMR$1,810
Market$2,320
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.78
2 BR
2 BR- 96701
0.89ratio
FMR$2,360
Market$2,650
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR- 96701
0.91ratio
FMR$3,270
Market$3,580
vs market-$310
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 96701
0.95ratio
FMR$3,940
Market$4,150
vs market-$210
FMR is near market; voucher and private rents are aligned.
0.95
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Aiea, HI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Aiea, HI is $2,360 a month. That is down 4.1% from $2,460 in FY 2026. Aiea is in the Urban Honolulu, HI MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Hawaii is $2,326, so Aiea is 1% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Aiea, HI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,750
$1,700
−2.9%
$1,530–$1,870
1BR
$1,880
$1,810
−3.7%
$1,629–$1,991
2BR
$2,460
$2,360
−4.1%
$2,124–$2,596
3BR
$3,420
$3,270
−4.4%
$2,943–$3,597
4BR
$4,130
$3,940
−4.6%
$3,546–$4,334
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Aiea, HI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,700
$1,810
$2,360
$3,270
$3,940
FY 2026
$1,750
$1,880
$2,460
$3,420
$4,130
FY 2025
$1,800
$1,950
$2,560
$3,590
$4,300
FY 2024
$1,620
$1,770
$2,320
$3,270
$3,940
FY 2023
$1,630
$1,790
$2,340
$3,330
$3,990
Questions about Aiea, HI rents
How much will Section 8 pay for a two-bedroom in Aiea, HI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,360, that basic range is $2,124 to $2,596 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Aiea, HI in?
Aiea, HI is in the Urban Honolulu, HI MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Aiea, HI for FY 2027?
The two-bedroom FMR fell 4.1%, from $2,460 in FY 2026 to $2,360 in FY 2027. Since FY 2023 it has risen 0.9%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set