FMR is near market; voucher and private rents are aligned.
1.05
3 BR
3 BR- 19977
1.15ratio
FMR$2,390
Market$2,070
vs market+$320
FMR is above market; underwrite to market rent.
1.15
4 BR
4 BR- 19977
1.07ratio
FMR$2,750
Market$2,560
vs market+$190
FMR is near market; voucher and private rents are aligned.
1.07
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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Smyrna, DE fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Smyrna, DE is $1,770 a month. That is up 8.6% from $1,630 in FY 2026. Smyrna is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Delaware is $1,629, so Smyrna is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Smyrna, DE
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,280
$1,390
+8.6%
$1,251–$1,529
1BR
$1,300
$1,420
+9.2%
$1,278–$1,562
2BR
$1,630
$1,770
+8.6%
$1,593–$1,947
3BR
$2,220
$2,390
+7.7%
$2,151–$2,629
4BR
$2,480
$2,750
+10.9%
$2,475–$3,025
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Smyrna, DE
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,390
$1,420
$1,770
$2,390
$2,750
FY 2026
$1,280
$1,300
$1,630
$2,220
$2,480
FY 2025
$1,280
$1,310
$1,640
$2,230
$2,460
FY 2024
$1,180
$1,210
$1,470
$2,020
$2,270
FY 2023
$990
$1,020
$1,230
$1,700
$1,920
Questions about Smyrna, DE rents
How much will Section 8 pay for a two-bedroom in Smyrna, DE?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,770, that basic range is $1,593 to $1,947 a month. 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 Smyrna, DE in?
Smyrna, DE is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Smyrna, DE for FY 2027?
The two-bedroom FMR rose 8.6%, from $1,630 in FY 2026 to $1,770 in FY 2027. Since FY 2023 it has risen 43.9%.
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