FMR is below market; voucher rent may lag private rents.
0.42
1 BR
1 BR- 22446
0.48ratio
FMR$1,020
Market$2,140
vs market-$1,120
FMR is below market; voucher rent may lag private rents.
0.48
2 BR
2 BR- 22446
0.55ratio
FMR$1,240
Market$2,270
vs market-$1,030
FMR is below market; voucher rent may lag private rents.
0.55
3 BR
3 BR- 22446
0.70ratio
FMR$1,720
Market$2,460
vs market-$740
FMR is below market; voucher rent may lag private rents.
0.70
4 BR
4 BR- 22446
0.76ratio
FMR$2,070
Market$2,730
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.76
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
--
Corbin, VA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Corbin, VA is $1,240 a month. That is down 0.8% from $1,250 in FY 2026. Corbin is in the Caroline 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 $1,244. The median county two-bedroom FMR in Virginia is $1,262, so Corbin is 2% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Corbin, VA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$860
0.0%
$774–$946
1BR
$1,020
$1,020
0.0%
$918–$1,122
2BR
$1,250
$1,240
−0.8%
$1,116–$1,364
3BR
$1,740
$1,720
−1.1%
$1,548–$1,892
4BR
$2,100
$2,070
−1.4%
$1,863–$2,277
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Corbin, VA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$860
$1,020
$1,240
$1,720
$2,070
FY 2026
$860
$1,020
$1,250
$1,740
$2,100
FY 2025
$900
$910
$1,120
$1,570
$1,860
FY 2024area FMR
$946
$952
$1,181
$1,664
$1,946
FY 2023area FMR
$805
$847
$1,056
$1,501
$1,664
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Corbin, VA rents
How much will Section 8 pay for a two-bedroom in Corbin, VA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,244, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,120 to $1,368 a month; under the ZIP-level Small Area FMR of $1,240 it would be $1,116 to $1,364. 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 Corbin, VA in?
Corbin, VA is in the Caroline County, VA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,244.
How much did fair market rent change in Corbin, VA for FY 2027?
The two-bedroom FMR fell 0.8%, from $1,250 in FY 2026 to $1,240 in FY 2027. Since FY 2025 it has risen 10.7%.
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