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 – $2,090
3 BR$1,950 – $2,640$1,870 – $2,570
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

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Market Alignment

FMR / market rent by bedroom.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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 is below market; voucher rent may lag private rents.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

0.93-1.26
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
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.

RICHMOND, VA fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for RICHMOND, VA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,645 and the 4 bedroom fair market rent is $2,540.

Use this page for searches like RICHMOND, VA FMR, RICHMOND, VA fair market rent, and RICHMOND, VA Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for RICHMOND, VA
Bedroom sizeHUD FMR
Studio$1,435
1 bedroom$1,495
2 bedroom$1,645
3 bedroom$2,060
4 bedroom$2,540