FMR is below market; voucher rent may lag private rents.
0.66
1 BR
1 BR- 19943
0.67ratio
FMR$1,220
Market$1,810
vs market-$590
FMR is below market; voucher rent may lag private rents.
0.67
2 BR
2 BR- 19943
0.81ratio
FMR$1,530
Market$1,890
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 19943
1.00ratio
FMR$2,110
Market$2,110
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
4 BR
4 BR- 19943
1.00ratio
FMR$2,430
Market$2,430
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
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
--
Felton, DE fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Felton, DE is $1,530 a month. That is up 11.7% from $1,370 in FY 2026. Felton 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 Felton is 6% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Felton, DE
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,080
$1,210
+12.0%
$1,089–$1,331
1BR
$1,090
$1,220
+11.9%
$1,098–$1,342
2BR
$1,370
$1,530
+11.7%
$1,377–$1,683
3BR
$1,910
$2,110
+10.5%
$1,899–$2,321
4BR
$2,130
$2,430
+14.1%
$2,187–$2,673
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Felton, DE
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,210
$1,220
$1,530
$2,110
$2,430
FY 2026
$1,080
$1,090
$1,370
$1,910
$2,130
FY 2025
$1,050
$1,060
$1,340
$1,870
$2,050
FY 2024
$1,050
$1,050
$1,290
$1,820
$2,030
FY 2023
$960
$970
$1,160
$1,650
$1,860
Questions about Felton, DE rents
How much will Section 8 pay for a two-bedroom in Felton, 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 $1,530 it would be $1,377 to $1,683. 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 Felton, DE in?
Felton, 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 Felton, DE for FY 2027?
The two-bedroom FMR rose 11.7%, from $1,370 in FY 2026 to $1,530 in FY 2027. Since FY 2023 it has risen 31.9%.
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