FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR- 96749
0.76ratio
FMR$1,450
Market$1,910
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 96749
0.80ratio
FMR$1,870
Market$2,330
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.80
3 BR
3 BR- 96749
0.89ratio
FMR$2,360
Market$2,640
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.89
4 BR
4 BR- 96749
0.91ratio
FMR$2,730
Market$2,990
vs market-$260
FMR is near market; voucher and private rents are aligned.
0.91
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
--
Keaau, HI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Keaau, HI is $1,870 a month. That is unchanged from FY 2026. Keaau is in the Hawaii County, HI 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 $2,081. The median county two-bedroom FMR in Hawaii is $2,326, so Keaau is 20% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Keaau, HI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,420
$1,440
+1.4%
$1,296–$1,584
1BR
$1,460
$1,450
−0.7%
$1,305–$1,595
2BR
$1,870
$1,870
0.0%
$1,683–$2,057
3BR
$2,440
$2,360
−3.3%
$2,124–$2,596
4BR
$2,730
$2,730
0.0%
$2,457–$3,003
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Keaau, HI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,440
$1,450
$1,870
$2,360
$2,730
FY 2026
$1,420
$1,460
$1,870
$2,440
$2,730
FY 2025
$1,320
$1,400
$1,810
$2,330
$2,570
FY 2024area FMR
$1,458
$1,548
$2,010
$2,588
$2,855
FY 2023area FMR
$1,281
$1,449
$1,901
$2,446
$2,582
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Keaau, HI rents
How much will Section 8 pay for a two-bedroom in Keaau, HI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,081, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,873 to $2,289 a month; under the ZIP-level Small Area FMR of $1,870 it would be $1,683 to $2,057. 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 Keaau, HI in?
Keaau, HI is in the Hawaii County, HI non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,081.
How much did fair market rent change in Keaau, HI for FY 2027?
The two-bedroom FMR was unchanged at $1,870 in FY 2027. Since FY 2025 it has risen 3.3%.
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