FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 24536
1.12ratio
FMR$1,550
Market$1,380
vs market+$170
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR- 24536
1.13ratio
FMR$1,680
Market$1,490
vs market+$190
FMR is above market; underwrite to market rent.
1.13
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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Coleman Falls, VA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Coleman Falls, VA is $1,120 a month. That is down 5.9% from $1,190 in FY 2026. Coleman Falls is in the Lynchburg, VA 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 $1,117. The median county two-bedroom FMR in Virginia is $1,262, so Coleman Falls is 11% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Coleman Falls, VA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,030
$970
−5.8%
$873–$1,067
1BR
$1,030
$970
−5.8%
$873–$1,067
2BR
$1,190
$1,120
−5.9%
$1,008–$1,232
3BR
$1,630
$1,550
−4.9%
$1,395–$1,705
4BR
$1,750
$1,680
−4.0%
$1,512–$1,848
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Coleman Falls, VA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$970
$970
$1,120
$1,550
$1,680
FY 2026
$1,030
$1,030
$1,190
$1,630
$1,750
FY 2025
$1,040
$1,060
$1,190
$1,640
$1,780
FY 2024
$950
$960
$1,090
$1,500
$1,630
FY 2023
$830
$850
$960
$1,300
$1,430
Questions about Coleman Falls, VA rents
How much will Section 8 pay for a two-bedroom in Coleman Falls, VA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,117, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,005 to $1,229 a month; under the ZIP-level Small Area FMR of $1,120 it would be $1,008 to $1,232. 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 Coleman Falls, VA in?
Coleman Falls, VA is in the Lynchburg, VA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,117.
How much did fair market rent change in Coleman Falls, VA for FY 2027?
The two-bedroom FMR fell 5.9%, from $1,190 in FY 2026 to $1,120 in FY 2027. Since FY 2023 it has risen 16.7%.
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