FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR- 19945
0.63ratio
FMR$1,130
Market$1,780
vs market-$650
FMR is below market; voucher rent may lag private rents.
0.63
2 BR
2 BR- 19945
0.75ratio
FMR$1,480
Market$1,970
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 19945
0.77ratio
FMR$1,820
Market$2,370
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 19945
0.77ratio
FMR$2,200
Market$2,840
vs market-$640
FMR is below market; voucher rent may lag private rents.
0.77
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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Frankford, DE fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Frankford, DE is $1,480 a month. That is up 0.7% from $1,470 in FY 2026. Frankford is in the Sussex County, DE 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 $1,498. The median county two-bedroom FMR in Delaware is $1,629, so Frankford is 9% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Frankford, DE
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,130
+1.8%
$1,017–$1,243
1BR
$1,120
$1,130
+0.9%
$1,017–$1,243
2BR
$1,470
$1,480
+0.7%
$1,332–$1,628
3BR
$1,850
$1,820
−1.6%
$1,638–$2,002
4BR
$2,280
$2,200
−3.5%
$1,980–$2,420
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Frankford, DE
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,130
$1,130
$1,480
$1,820
$2,200
FY 2026
$1,110
$1,120
$1,470
$1,850
$2,280
FY 2025
$1,140
$1,170
$1,540
$1,940
$2,420
FY 2024
$1,020
$1,100
$1,450
$1,850
$2,280
FY 2023
$830
$930
$1,230
$1,600
$1,950
Questions about Frankford, DE rents
How much will Section 8 pay for a two-bedroom in Frankford, DE?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,498, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,348 to $1,648 a month; under the ZIP-level Small Area FMR of $1,480 it would be $1,332 to $1,628. 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 Frankford, DE in?
Frankford, DE is in the Sussex County, DE non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,498.
How much did fair market rent change in Frankford, DE for FY 2027?
The two-bedroom FMR rose 0.7%, from $1,470 in FY 2026 to $1,480 in FY 2027. Since FY 2023 it has risen 20.3%.
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