FMR is below market; voucher rent may lag private rents.
0.54
1 BR
1 BR- 19966
0.60ratio
FMR$1,220
Market$2,050
vs market-$830
FMR is below market; voucher rent may lag private rents.
0.60
2 BR
2 BR- 19966
0.73ratio
FMR$1,590
Market$2,190
vs market-$600
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR- 19966
0.80ratio
FMR$1,960
Market$2,440
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 19966
0.84ratio
FMR$2,360
Market$2,810
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.84
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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Millsboro, DE fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Millsboro, DE is $1,590 a month. That is up 5.3% from $1,510 in FY 2026. Millsboro 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 Millsboro is 2% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Millsboro, DE
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,140
$1,210
+6.1%
$1,089–$1,331
1BR
$1,150
$1,220
+6.1%
$1,098–$1,342
2BR
$1,510
$1,590
+5.3%
$1,431–$1,749
3BR
$1,900
$1,960
+3.2%
$1,764–$2,156
4BR
$2,340
$2,360
+0.9%
$2,124–$2,596
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Millsboro, DE
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,210
$1,220
$1,590
$1,960
$2,360
FY 2026
$1,140
$1,150
$1,510
$1,900
$2,340
FY 2025
$1,100
$1,140
$1,490
$1,880
$2,340
FY 2024
$950
$1,030
$1,350
$1,720
$2,120
FY 2023
$740
$840
$1,100
$1,430
$1,750
Questions about Millsboro, DE rents
How much will Section 8 pay for a two-bedroom in Millsboro, 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 $1,590 it would be $1,431 to $1,749. 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 Millsboro, DE in?
Millsboro, 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 Millsboro, DE for FY 2027?
The two-bedroom FMR rose 5.3%, from $1,510 in FY 2026 to $1,590 in FY 2027. Since FY 2023 it has risen 44.5%.
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