RICHMOND, VA
CitySAFMR
Henrico County
Found 28 ZIPs
BRFMR
Eff. Rent
0 BR$1,340 – $1,840$1,150 – $1,840
1 BR$1,400 – $1,920$1,230 – $1,880
2 BR$1,540 – $2,110$1,400 – $1,990
3 BR$1,950 – $2,640$1,870 – $2,490
4 BR$2,410 – $3,260$2,090 – $3,000
5 BR$2,921
6 BR$3,359
7 BR$3,863
8 BR$4,442

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.84ratio
FMR$1,570
Market$1,870
vs market-$300

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 1 ZIP
0.91ratio
FMR$1,390
Market$1,530
vs market-$140

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 4 ZIPs
0.94–0.98ratio range
Median FMR$1,345
Median Market$1,395
vs market-$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4
Studio· 2 ZIPs
1.00–1.01ratio range
Median FMR$1,750
Median Market$1,745
vs market+$5

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 8 ZIPs
1.07–1.09ratio range
Median FMR$1,390
Median Market$1,270
vs market+$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

8
Studio· 1 ZIP
1.11ratio
FMR$1,440
Market$1,300
vs market+$140

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

Studio· 4 ZIPs
1.15–1.18ratio range
Median FMR$1,490
Median Market$1,265
vs market+$225

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4
Studio· 4 ZIPs
1.20–1.23ratio range
Median FMR$1,740
Median Market$1,435
vs market+$305

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4
Studio· 1 ZIP
1.26ratio
FMR$1,570
Market$1,250
vs market+$320

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.84–1.26
1 BR
1 BR· 2 ZIPs
0.87–0.88ratio range
Median FMR$1,545
Median Market$1,760
vs market-$215

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 1 ZIP
0.92ratio
FMR$1,670
Market$1,820
vs market-$150

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 6 ZIPs
0.99ratio range
Median FMR$1,450
Median Market$1,470
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

6
1 BR· 3 ZIPs
1.02ratio range
Median FMR$1,500
Median Market$1,470
vs market+$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3
1 BR· 2 ZIPs
1.08–1.10ratio range
Median FMR$1,485
Median Market$1,365
vs market+$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 5 ZIPs
1.10–1.14ratio range
Median FMR$1,410
Median Market$1,270
vs market+$140

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

5
1 BR· 1 ZIP
1.16ratio
FMR$1,560
Market$1,340
vs market+$220

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1 BR· 4 ZIPs
1.20–1.22ratio range
Median FMR$1,800
Median Market$1,490
vs market+$310

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4
1 BR· 2 ZIPs
1.26–1.27ratio range
Median FMR$1,735
Median Market$1,370
vs market+$365

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.87–1.27
2 BR
2 BR· 1 ZIP
0.81ratio
FMR$1,590
Market$1,970
vs market-$380

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2 BR· 10 ZIPs
0.90–0.94ratio range
Median FMR$1,590
Median Market$1,760
vs market-$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

10
2 BR· 3 ZIPs
0.94–0.96ratio range
Median FMR$1,640
Median Market$1,730
vs market-$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 2 ZIPs
0.98–0.99ratio range
Median FMR$1,730
Median Market$1,755
vs market-$25

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 5 ZIPs
1.02–1.05ratio range
Median FMR$1,800
Median Market$1,750
vs market+$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

5
2 BR· 5 ZIPs
1.07–1.10ratio range
Median FMR$1,720
Median Market$1,580
vs market+$140

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

5
0.81–1.10
3 BR
3 BR· 1 ZIP
0.82ratio
FMR$2,250
Market$2,730
vs market-$480

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 1 ZIP
0.89ratio
FMR$2,290
Market$2,560
vs market-$270

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 10 ZIPs
0.91–0.94ratio range
Median FMR$1,990
Median Market$2,190
vs market-$200

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

10
3 BR· 4 ZIPs
0.94–0.97ratio range
Median FMR$2,160
Median Market$2,255
vs market-$95

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 2 ZIPs
0.99–1.00ratio range
Median FMR$2,045
Median Market$2,060
vs market-$15

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 3 ZIPs
1.04–1.05ratio range
Median FMR$2,150
Median Market$2,040
vs market+$110

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 2 ZIPs
1.06–1.08ratio range
Median FMR$2,580
Median Market$2,410
vs market+$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 2 ZIPs
1.12–1.14ratio range
Median FMR$2,265
Median Market$2,000
vs market+$265

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

3 BR· 1 ZIP
1.22ratio
FMR$2,470
Market$2,020
vs market+$450

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.82–1.22
4 BR
4 BR· 1 ZIP
0.93ratio
FMR$2,780
Market$2,980
vs market-$200

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 2 ZIPs
0.96–0.97ratio range
Median FMR$2,410
Median Market$2,500
vs market-$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 8 ZIPs
0.99–1.01ratio range
Median FMR$2,450
Median Market$2,430
vs market+$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

8
4 BR· 5 ZIPs
1.02–1.04ratio range
Median FMR$2,450
Median Market$2,360
vs market+$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

5
4 BR· 2 ZIPs
1.07–1.09ratio range
Median FMR$2,595
Median Market$2,400
vs market+$195

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 4 ZIPs
1.11–1.13ratio range
Median FMR$2,995
Median Market$2,670
vs market+$325

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4
4 BR· 3 ZIPs
1.17–1.19ratio range
Median FMR$3,100
Median Market$2,660
vs market+$440

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4 BR· 1 ZIP
1.26ratio
FMR$2,640
Market$2,090
vs market+$550

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.93–1.26
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for RICHMOND, VA (VA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.