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Home/VA/Virginia Beach City

Virginia Beach City, VA

CountySAFMR
Found 22 ZIPs
Zillow

County Median Investment Score

110Above average

095130300
BRFMR
Eff. Rent
0 BR$1,370 – $2,010$1,160 – $2,060
1 BR$1,380 – $2,030$1,180 – $2,060
2 BR$1,550 – $2,280$1,640 – $2,250
3 BR$2,140 – $3,140$2,050 – $2,750
4 BR$2,520 – $3,710$2,430 – $3,500
5 BR$3,571Not available
6 BR$4,106Not available
7 BR$4,722Not available
8 BR$5,431Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
7
0.78-1.22
1 BR
6
0.82-1.17
2 BR
9
0.80-1.05
3 BR
8
0.89-1.31
4 BR
6
0.87-1.23
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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Virginia Beach City, VA fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 22 ZIP codes in Virginia Beach City, VA ranges from $1,550 to $2,280 a month, with a median of $1,915. That is down 2.8% from $1,970 in FY 2026. Virginia Beach City is in the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Virginia is $1,262, so Virginia Beach City is 52% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Virginia Beach City, VA
BedroomsFY 2027Change90–110% range
Studio$1,685−2.0%$1,517–$1,854
1BR$1,705−2.0%$1,535–$1,876
2BR$1,915−2.8%$1,724–$2,107
3BR$2,635−3.5%$2,372–$2,899
4BR$3,105−3.7%$2,795–$3,416

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Virginia Beach City, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,685$1,705$1,915$2,635$3,105
FY 2026$1,720$1,740$1,970$2,730$3,225
FY 2025$1,690$1,700$1,945$2,705$3,220
FY 2024$1,460$1,460$1,700$2,370$2,880
FY 2023$1,280$1,300$1,520$2,120$2,590

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
23456$2,280+19.1%
23322$2,120+10.7%
23320$2,100+9.7%
23451$2,030+6.0%
23461$2,010+5.0%
23462$2,010+5.0%
23453$1,970+2.9%
23455$1,950+1.8%
23452$1,940+1.3%
23464$1,930+0.8%
23460$1,920+0.3%
23454$1,910−0.3%
23450$1,900−0.8%
23463$1,900−0.8%
23466$1,900−0.8%
23467$1,900−0.8%
23471$1,900−0.8%
23479$1,900−0.8%
23459$1,840−3.9%
23457$1,710−10.7%
23325$1,660−13.3%
23502$1,550−19.1%

Questions about Virginia Beach City, VA rents

How much will Section 8 pay for a two-bedroom in Virginia Beach City, VA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,915, that basic range is $1,724 to $2,107 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 Virginia Beach City, VA in?

Virginia Beach City, VA is in the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Virginia Beach City, VA for FY 2027?

The two-bedroom FMR fell 2.8%, from $1,970 in FY 2026 to $1,915 in FY 2027. Since FY 2023 it has risen 26.0%.

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