FMR is below market; voucher rent may lag private rents.
0.61
1 BR
1 BR
0.64ratio
FMR$1,150
Market$1,810
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.64
2 BR
2 BR
0.74ratio
FMR$1,500
Market$2,030
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.74
3 BR
3 BR
0.78ratio
FMR$1,850
Market$2,360
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR
0.86ratio
FMR$2,220
Market$2,570
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.86
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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ZIP 19969 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19969 (Nassau, DE) is $1,500 a month. That is up 7.1% from $1,400 in FY 2026. Nassau is in the Sussex County, DE non-metropolitan 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 county-wide two-bedroom FMR of $1,498. Among 24 ZIP codes in Sussex County, 19969 has the 17th-highest two-bedroom rent (county range $1,260–$2,210). The median county two-bedroom FMR in Delaware is $1,629, so ZIP 19969 is 8% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 19969
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$1,140
+7.5%
$1,026–$1,254
1BR
$1,070
$1,150
+7.5%
$1,035–$1,265
2BR
$1,400
$1,500
+7.1%
$1,350–$1,650
3BR
$1,760
$1,850
+5.1%
$1,665–$2,035
4BR
$2,170
$2,220
+2.3%
$1,998–$2,442
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 19969
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,140
$1,150
$1,500
$1,850
$2,220
FY 2026
$1,060
$1,070
$1,400
$1,760
$2,170
FY 2025
$1,030
$1,070
$1,400
$1,770
$2,200
FY 2024
$910
$990
$1,300
$1,660
$2,040
FY 2023
$750
$840
$1,110
$1,450
$1,760
Two-bedroom rent in nearby Sussex County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 19969?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,498, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,348 to $1,648 a month; under the ZIP-level Small Area FMR of $1,500 it would be $1,350 to $1,650. 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 ZIP 19969 in?
ZIP 19969 is in the Sussex County, DE non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,498.
How much did fair market rent change in ZIP 19969 for FY 2027?
The two-bedroom FMR rose 7.1%, from $1,400 in FY 2026 to $1,500 in FY 2027. Since FY 2023 it has risen 35.1%.
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