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Home/VA/Chesterfield County

Chesterfield County, VA

CountySAFMR
Found 17 ZIPs
Zillow

County Median Investment Score

89Below average

095130300
BRFMR
Eff. Rent
0 BR$1,300 – $2,190$1,040 – $2,400
1 BR$1,360 – $2,280$1,110 – $2,420
2 BR$1,490 – $2,480$1,290 – $2,470
3 BR$1,870 – $3,060$1,750 – $2,640
4 BR$2,300 – $3,750$2,140 – $3,010
5 BR$3,208Not available
6 BR$3,690Not available
7 BR$4,243Not available
8 BR$4,880Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
3
3
0.74-1.63
1 BR
3
3
0.76-1.56
2 BR
3
3
3
0.83-1.44
3 BR
3
0.82-1.23
4 BR
5
0.92-1.28
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Chesterfield County, VA fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 17 ZIP codes in Chesterfield County, VA ranges from $1,490 to $2,480 a month, with a median of $1,840. That is unchanged from FY 2026. Chesterfield County is in the Richmond, VA HUD Metro FMR Area. 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 $1,651. The median county two-bedroom FMR in Virginia is $1,262, so Chesterfield County is 46% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Chesterfield County, VA
BedroomsFY 2027Change90–110% range
Studio$1,620+1.3%$1,458–$1,782
1BR$1,690+0.6%$1,521–$1,859
2BR$1,8400.0%$1,656–$2,024
3BR$2,270−1.3%$2,043–$2,497
4BR$2,790−1.8%$2,511–$3,069

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Chesterfield County, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,620$1,690$1,840$2,270$2,790
FY 2026$1,600$1,680$1,840$2,300$2,840
FY 2025$1,660$1,730$1,910$2,430$2,990
FY 2024$1,500$1,540$1,730$2,210$2,700
FY 2023$1,330$1,360$1,540$1,990$2,420

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
23120$2,480+34.8%
23832$2,150+16.8%
23113$2,020+9.8%
23236$2,020+9.8%
23112$1,990+8.2%
23114$1,950+6.0%
23836$1,920+4.3%
23235$1,900+3.3%
23831$1,8400.0%
23297$1,810−1.6%
23838$1,730−6.0%
23225$1,630−11.4%
23237$1,550−15.8%
23234$1,520−17.4%
23224$1,490−19.0%
23803$1,490−19.0%
23834$1,490−19.0%

Questions about Chesterfield County, VA rents

How much will Section 8 pay for a two-bedroom in Chesterfield County, VA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,651, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,486 to $1,816 a month; under the ZIP-level Small Area FMR of $1,840 it would be $1,656 to $2,024. 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 Chesterfield County, VA in?

Chesterfield County, VA is in the Richmond, VA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,651.

How much did fair market rent change in Chesterfield County, VA for FY 2027?

The two-bedroom FMR was unchanged at $1,840 in FY 2027. Since FY 2023 it has risen 19.5%.

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

VA statewide rentsWhat is SAFMR?Data sources