FMR is below market; voucher rent may lag private rents.
0.82
1 BR
1 BR- 22980
0.76ratio
FMR$990
Market$1,310
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 22980
0.76ratio
FMR$1,140
Market$1,500
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR- 22980
0.80ratio
FMR$1,570
Market$1,960
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 22980
0.82ratio
FMR$1,750
Market$2,130
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.82
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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Waynesboro, VA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Waynesboro, VA is $1,140 a month. That is down 4.2% from $1,190 in FY 2026. Waynesboro is in the Staunton-Stuarts Draft, VA MSA. 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 metro-wide two-bedroom FMR of $1,199. The median county two-bedroom FMR in Virginia is $1,262, so Waynesboro is 10% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Waynesboro, VA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,030
$980
−4.9%
$882–$1,078
1BR
$1,030
$990
−3.9%
$891–$1,089
2BR
$1,190
$1,140
−4.2%
$1,026–$1,254
3BR
$1,640
$1,570
−4.3%
$1,413–$1,727
4BR
$1,890
$1,750
−7.4%
$1,575–$1,925
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Waynesboro, VA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$990
$1,140
$1,570
$1,750
FY 2026
$1,030
$1,030
$1,190
$1,640
$1,890
FY 2025
$1,060
$1,070
$1,230
$1,720
$2,010
FY 2024
$960
$960
$1,120
$1,580
$1,870
FY 2023
$810
$810
$970
$1,350
$1,650
Questions about Waynesboro, VA rents
How much will Section 8 pay for a two-bedroom in Waynesboro, VA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,199, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,079 to $1,319 a month; under the ZIP-level Small Area FMR of $1,140 it would be $1,026 to $1,254. 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 Waynesboro, VA in?
Waynesboro, VA is in the Staunton-Stuarts Draft, VA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,199.
How much did fair market rent change in Waynesboro, VA for FY 2027?
The two-bedroom FMR fell 4.2%, from $1,190 in FY 2026 to $1,140 in FY 2027. Since FY 2023 it has risen 17.5%.
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