FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR- 96797
0.82ratio
FMR$1,940
Market$2,360
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR- 96797
0.85ratio
FMR$2,530
Market$2,990
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 96797
0.96ratio
FMR$3,500
Market$3,640
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 96797
1.03ratio
FMR$4,230
Market$4,100
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.03
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
--
Waipahu, HI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Waipahu, HI is $2,530 a month. That is up 4.1% from $2,430 in FY 2026. Waipahu is in the Urban Honolulu, HI 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 Hawaii is $2,326, so Waipahu is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Waipahu, HI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,730
$1,830
+5.8%
$1,647–$2,013
1BR
$1,850
$1,940
+4.9%
$1,746–$2,134
2BR
$2,430
$2,530
+4.1%
$2,277–$2,783
3BR
$3,380
$3,500
+3.6%
$3,150–$3,850
4BR
$4,080
$4,230
+3.7%
$3,807–$4,653
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Waipahu, HI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,830
$1,940
$2,530
$3,500
$4,230
FY 2026
$1,730
$1,850
$2,430
$3,380
$4,080
FY 2025
$1,690
$1,840
$2,410
$3,380
$4,050
FY 2024
$1,490
$1,630
$2,130
$3,000
$3,610
FY 2023
$1,440
$1,580
$2,070
$2,940
$3,530
Questions about Waipahu, HI rents
How much will Section 8 pay for a two-bedroom in Waipahu, HI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,530, that basic range is $2,277 to $2,783 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 Waipahu, HI in?
Waipahu, HI is in the Urban Honolulu, HI 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 Waipahu, HI for FY 2027?
The two-bedroom FMR rose 4.1%, from $2,430 in FY 2026 to $2,530 in FY 2027. Since FY 2023 it has risen 22.2%.
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