23704
ZIPSAFMR
Portsmouth County, VA
BRFMR
Eff. Rent
0 BR$1,430$1,140
1 BR$1,450$1,210
2 BR$1,640$1,500
3 BR$2,270$1,930
4 BR$2,680$2,230
5 BR$3,082
6 BR$3,544
7 BR$4,076
8 BR$4,687

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.25ratio
FMR$1,430
Market$1,140
vs market+$290

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.25
1 BR
1 BR
1.20ratio
FMR$1,450
Market$1,210
vs market+$240

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.20
2 BR
2 BR
1.09ratio
FMR$1,640
Market$1,500
vs market+$140

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.09
3 BR
3 BR
1.18ratio
FMR$2,270
Market$1,930
vs market+$340

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.18
4 BR
4 BR
1.20ratio
FMR$2,680
Market$2,230
vs market+$450

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.20
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$181,787
Rent
$1,640
Down payment
$36,357
Loan
$145,429
Mortgage
$919
Expenses
$521
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 23704 (VA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.