For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fort Monroe, VA is $2,140 a month. That is down 2.3% from $2,190 in FY 2026. Fort Monroe is in the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Virginia is $1,262, so Fort Monroe is 70% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fort Monroe, VA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,910
$1,890
−1.0%
$1,701–$2,079
1BR
$1,930
$1,910
−1.0%
$1,719–$2,101
2BR
$2,190
$2,140
−2.3%
$1,926–$2,354
3BR
$3,040
$2,950
−3.0%
$2,655–$3,245
4BR
$3,580
$3,480
−2.8%
$3,132–$3,828
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fort Monroe, VA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,890
$1,910
$2,140
$2,950
$3,480
FY 2026
$1,910
$1,930
$2,190
$3,040
$3,580
FY 2025
$1,910
$1,920
$2,200
$3,060
$3,640
FY 2024
$1,700
$1,710
$1,980
$2,760
$3,360
FY 2023
$1,510
$1,540
$1,800
$2,510
$3,070
Questions about Fort Monroe, VA rents
How much will Section 8 pay for a two-bedroom in Fort Monroe, VA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,140, that basic range is $1,926 to $2,354 a month. 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 Fort Monroe, VA in?
Fort Monroe, VA is in the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Fort Monroe, VA for FY 2027?
The two-bedroom FMR fell 2.3%, from $2,190 in FY 2026 to $2,140 in FY 2027. Since FY 2023 it has risen 18.9%.
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