FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR- 96861
0.84ratio
FMR$1,950
Market$2,320
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.84
2 BR
2 BR- 96861
0.95ratio
FMR$2,540
Market$2,680
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 96861
0.94ratio
FMR$3,520
Market$3,760
vs market-$240
FMR is near market; voucher and private rents are aligned.
0.94
4 BR
4 BR- 96861
0.98ratio
FMR$4,250
Market$4,320
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.98
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
--
Camp H M Smith, HI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Camp H M Smith, HI is $2,540 a month. That is down 3.8% from $2,640 in FY 2026. Camp H M Smith 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 Camp H M Smith is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Camp H M Smith, HI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,880
$1,830
−2.7%
$1,647–$2,013
1BR
$2,010
$1,950
−3.0%
$1,755–$2,145
2BR
$2,640
$2,540
−3.8%
$2,286–$2,794
3BR
$3,670
$3,520
−4.1%
$3,168–$3,872
4BR
$4,430
$4,250
−4.1%
$3,825–$4,675
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Camp H M Smith, HI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,830
$1,950
$2,540
$3,520
$4,250
FY 2026
$1,880
$2,010
$2,640
$3,670
$4,430
FY 2025
$1,890
$2,050
$2,690
$3,770
$4,520
FY 2024
$1,670
$1,830
$2,390
$3,370
$4,060
FY 2023
$1,570
$1,720
$2,250
$3,200
$3,830
Questions about Camp H M Smith, HI rents
How much will Section 8 pay for a two-bedroom in Camp H M Smith, HI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,540, that basic range is $2,286 to $2,794 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 Camp H M Smith, HI in?
Camp H M Smith, 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 Camp H M Smith, HI for FY 2027?
The two-bedroom FMR fell 3.8%, from $2,640 in FY 2026 to $2,540 in FY 2027. Since FY 2023 it has risen 12.9%.
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