FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR- 24551
0.94ratio
FMR$1,270
Market$1,350
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 24551
0.94ratio
FMR$1,760
Market$1,880
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.94
4 BR
4 BR- 24551
0.86ratio
FMR$1,910
Market$2,220
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.86
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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Forest, VA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Forest, VA is $1,270 a month. That is down 3.1% from $1,310 in FY 2026. Forest 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.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Forest, VA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,100
−2.7%
$990–$1,210
1BR
$1,140
$1,100
−3.5%
$990–$1,210
2BR
$1,310
$1,270
−3.1%
$1,143–$1,397
3BR
$1,800
$1,760
−2.2%
$1,584–$1,936
4BR
$1,930
$1,910
−1.0%
$1,719–$2,101
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Forest, VA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,100
$1,100
$1,270
$1,760
$1,910
FY 2026
$1,130
$1,140
$1,310
$1,800
$1,930
FY 2025
$1,140
$1,160
$1,310
$1,800
$1,950
FY 2024
$1,030
$1,050
$1,190
$1,630
$1,770
FY 2023
$900
$920
$1,040
$1,410
$1,560
Questions about Forest, VA rents
How much will Section 8 pay for a two-bedroom in Forest, 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 $1,270 it would be $1,143 to $1,397. 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 Forest, VA in?
Forest, 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 Forest, VA for FY 2027?
The two-bedroom FMR fell 3.1%, from $1,310 in FY 2026 to $1,270 in FY 2027. Since FY 2023 it has risen 22.1%.
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