FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 22443
0.71ratio
FMR$1,130
Market$1,590
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.71
2 BR
2 BR- 22443
0.83ratio
FMR$1,480
Market$1,790
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 22443
0.91ratio
FMR$1,990
Market$2,190
vs market-$200
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 22443
0.91ratio
FMR$2,370
Market$2,600
vs market-$230
FMR is near market; voucher and private rents are aligned.
0.91
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
--
Colonial Beach, VA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Colonial Beach, VA is $1,480 a month. That is up 6.5% from $1,390 in FY 2026. Colonial Beach is in the Westmoreland County, VA non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,245. The median county two-bedroom FMR in Virginia is $1,262, so Colonial Beach is 17% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Colonial Beach, VA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,120
−0.9%
$1,008–$1,232
1BR
$1,140
$1,130
−0.9%
$1,017–$1,243
2BR
$1,390
$1,480
+6.5%
$1,332–$1,628
3BR
$1,930
$1,990
+3.1%
$1,791–$2,189
4BR
$2,110
$2,370
+12.3%
$2,133–$2,607
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Colonial Beach, VA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,120
$1,130
$1,480
$1,990
$2,370
FY 2026
$1,130
$1,140
$1,390
$1,930
$2,110
FY 2025
$1,020
$1,030
$1,260
$1,780
$2,140
FY 2024area FMR
$892
$897
$1,113
$1,568
$1,798
FY 2023area FMR
$719
$737
$970
$1,379
$1,623
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Colonial Beach, VA rents
How much will Section 8 pay for a two-bedroom in Colonial Beach, VA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,245, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,121 to $1,370 a month; under the ZIP-level Small Area FMR of $1,480 it would be $1,332 to $1,628. 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 Colonial Beach, VA in?
Colonial Beach, VA is in the Westmoreland County, VA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,245.
How much did fair market rent change in Colonial Beach, VA for FY 2027?
The two-bedroom FMR rose 6.5%, from $1,390 in FY 2026 to $1,480 in FY 2027. Since FY 2025 it has risen 17.5%.
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