FMR is near market; voucher and private rents are aligned.
0.94
1 BR
1 BR- 96858
0.88ratio
FMR$1,890
Market$2,150
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.88
2 BR
2 BR- 96858
1.02ratio
FMR$2,460
Market$2,400
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR- 96858
1.08ratio
FMR$3,410
Market$3,150
vs market+$260
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR- 96858
1.10ratio
FMR$4,110
Market$3,750
vs market+$360
FMR is near market; voucher and private rents are aligned.
1.10
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
--
Fort Shafter, HI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fort Shafter, HI is $2,460 a month. That is up 6.0% from $2,320 in FY 2026. Fort Shafter is in the Urban Honolulu, HI MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Hawaii is $2,326, so Fort Shafter is 6% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fort Shafter, HI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,650
$1,780
+7.9%
$1,602–$1,958
1BR
$1,770
$1,890
+6.8%
$1,701–$2,079
2BR
$2,320
$2,460
+6.0%
$2,214–$2,706
3BR
$3,230
$3,410
+5.6%
$3,069–$3,751
4BR
$3,890
$4,110
+5.7%
$3,699–$4,521
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fort Shafter, HI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,780
$1,890
$2,460
$3,410
$4,110
FY 2026
$1,650
$1,770
$2,320
$3,230
$3,890
FY 2025
$1,620
$1,760
$2,300
$3,220
$3,860
FY 2024
$1,670
$1,830
$2,390
$3,370
$4,060
FY 2023
$1,570
$1,720
$2,250
$3,200
$3,830
Questions about Fort Shafter, HI rents
How much will Section 8 pay for a two-bedroom in Fort Shafter, HI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,460, that basic range is $2,214 to $2,706 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 Shafter, HI in?
Fort Shafter, HI is in the Urban Honolulu, HI MSA. 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 Shafter, HI for FY 2027?
The two-bedroom FMR rose 6.0%, from $2,320 in FY 2026 to $2,460 in FY 2027. Since FY 2023 it has risen 9.3%.
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