FMR is near market; voucher and private rents are aligned.
1.05
1 BR
1 BR- 23072
1.03ratio
FMR$1,120
Market$1,090
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR- 23072
0.79ratio
FMR$1,260
Market$1,590
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.79
3 BR
3 BR- 23072
0.80ratio
FMR$1,740
Market$2,170
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 23072
0.75ratio
FMR$2,050
Market$2,720
vs market-$670
FMR is below market; voucher rent may lag private rents.
0.75
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
--
Hayes, VA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hayes, VA is $1,260 a month. That is down 6.0% from $1,340 in FY 2026. Hayes 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.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Hayes, VA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,170
$1,110
−5.1%
$999–$1,221
1BR
$1,180
$1,120
−5.1%
$1,008–$1,232
2BR
$1,340
$1,260
−6.0%
$1,134–$1,386
3BR
$1,860
$1,740
−6.5%
$1,566–$1,914
4BR
$2,190
$2,050
−6.4%
$1,845–$2,255
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Hayes, VA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,110
$1,120
$1,260
$1,740
$2,050
FY 2026
$1,170
$1,180
$1,340
$1,860
$2,190
FY 2025
$1,190
$1,200
$1,370
$1,910
$2,280
FY 2024
$1,080
$1,090
$1,260
$1,750
$2,140
FY 2023
$970
$990
$1,160
$1,620
$1,980
Questions about Hayes, VA rents
How much will Section 8 pay for a two-bedroom in Hayes, VA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,260, that basic range is $1,134 to $1,386 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 Hayes, VA in?
Hayes, 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 Hayes, VA for FY 2027?
The two-bedroom FMR fell 6.0%, from $1,340 in FY 2026 to $1,260 in FY 2027. Since FY 2023 it has risen 8.6%.
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