FMR is below market; voucher rent may lag private rents.
0.65
1 BR
1 BR- 22832
0.65ratio
FMR$1,140
Market$1,750
vs market-$610
FMR is below market; voucher rent may lag private rents.
0.65
2 BR
2 BR- 22832
0.75ratio
FMR$1,380
Market$1,830
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 22832
1.01ratio
FMR$1,880
Market$1,870
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR- 22832
1.16ratio
FMR$2,220
Market$1,910
vs market+$310
FMR is above market; underwrite to market rent.
1.16
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
--
Keezletown, VA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Keezletown, VA is $1,380 a month. That is down 6.1% from $1,470 in FY 2026. Keezletown is in the Harrisonburg, VA MSA. 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 metro-wide two-bedroom FMR of $1,264. The median county two-bedroom FMR in Virginia is $1,262, so Keezletown is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Keezletown, VA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,170
$1,130
−3.4%
$1,017–$1,243
1BR
$1,180
$1,140
−3.4%
$1,026–$1,254
2BR
$1,470
$1,380
−6.1%
$1,242–$1,518
3BR
$2,000
$1,880
−6.0%
$1,692–$2,068
4BR
$2,360
$2,220
−5.9%
$1,998–$2,442
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Keezletown, VA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,130
$1,140
$1,380
$1,880
$2,220
FY 2026
$1,170
$1,180
$1,470
$2,000
$2,360
FY 2025
$1,200
$1,210
$1,540
$2,090
$2,570
FY 2024
$1,020
$1,030
$1,350
$1,800
$2,310
FY 2023
$1,130
$1,140
$1,500
$1,990
$2,560
Questions about Keezletown, VA rents
How much will Section 8 pay for a two-bedroom in Keezletown, VA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,264, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,138 to $1,390 a month; under the ZIP-level Small Area FMR of $1,380 it would be $1,242 to $1,518. 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 Keezletown, VA in?
Keezletown, VA is in the Harrisonburg, VA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,264.
How much did fair market rent change in Keezletown, VA for FY 2027?
The two-bedroom FMR fell 6.1%, from $1,470 in FY 2026 to $1,380 in FY 2027. Since FY 2023 it has fallen 8.0%.
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