FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR- 22957
0.83ratio
FMR$1,040
Market$1,260
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 22957
0.75ratio
FMR$1,260
Market$1,670
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 22957
0.92ratio
FMR$1,740
Market$1,900
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 22957
0.97ratio
FMR$1,950
Market$2,020
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.97
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
--
Montpelier Station, VA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Montpelier Station, VA is $1,260 a month. That is up 2.4% from $1,230 in FY 2026. Montpelier Station is in the Orange County, VA 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 $1,262.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Montpelier Station, VA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,000
$1,040
+4.0%
$936–$1,144
1BR
$1,010
$1,040
+3.0%
$936–$1,144
2BR
$1,230
$1,260
+2.4%
$1,134–$1,386
3BR
$1,710
$1,740
+1.8%
$1,566–$1,914
4BR
$1,920
$1,950
+1.6%
$1,755–$2,145
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Montpelier Station, VA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,040
$1,040
$1,260
$1,740
$1,950
FY 2026
$1,000
$1,010
$1,230
$1,710
$1,920
FY 2025
$900
$910
$1,120
$1,570
$1,790
FY 2024area FMR
$949
$955
$1,187
$1,584
$1,852
FY 2023area FMR
$782
$830
$1,054
$1,394
$1,616
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Montpelier Station, VA rents
How much will Section 8 pay for a two-bedroom in Montpelier Station, VA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,262, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,136 to $1,388 a month; under the ZIP-level Small Area FMR of $1,260 it would be $1,134 to $1,386. 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 Montpelier Station, VA in?
Montpelier Station, VA is in the Orange County, VA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,262.
How much did fair market rent change in Montpelier Station, VA for FY 2027?
The two-bedroom FMR rose 2.4%, from $1,230 in FY 2026 to $1,260 in FY 2027. Since FY 2025 it has risen 12.5%.
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