FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR- 19936
0.78ratio
FMR$1,090
Market$1,400
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.78
2 BR
2 BR- 19936
0.79ratio
FMR$1,370
Market$1,730
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.79
3 BR
3 BR- 19936
0.93ratio
FMR$1,890
Market$2,030
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 19936
0.84ratio
FMR$2,180
Market$2,590
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.84
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
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Cheswold, DE fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cheswold, DE is $1,370 a month. That is up 1.5% from $1,350 in FY 2026. Cheswold is in the Dover, DE MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,629. The median county two-bedroom FMR in Delaware is $1,629, so Cheswold is 16% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cheswold, DE
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$1,080
+1.9%
$972–$1,188
1BR
$1,070
$1,090
+1.9%
$981–$1,199
2BR
$1,350
$1,370
+1.5%
$1,233–$1,507
3BR
$1,880
$1,890
+0.5%
$1,701–$2,079
4BR
$2,060
$2,180
+5.8%
$1,962–$2,398
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cheswold, DE
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,080
$1,090
$1,370
$1,890
$2,180
FY 2026
$1,060
$1,070
$1,350
$1,880
$2,060
FY 2025
$1,000
$1,010
$1,240
$1,740
$1,940
FY 2024
$900
$910
$1,110
$1,560
$1,750
FY 2023
$790
$790
$950
$1,350
$1,520
Questions about Cheswold, DE rents
How much will Section 8 pay for a two-bedroom in Cheswold, DE?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,629, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,466 to $1,792 a month; under the ZIP-level Small Area FMR of $1,370 it would be $1,233 to $1,507. 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 Cheswold, DE in?
Cheswold, DE is in the Dover, DE MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,629.
How much did fair market rent change in Cheswold, DE for FY 2027?
The two-bedroom FMR rose 1.5%, from $1,350 in FY 2026 to $1,370 in FY 2027. Since FY 2023 it has risen 44.2%.
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