Virginia Beach-Norfolk-Newport News, VA-NC Fair Market Rent (FY2026)
Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area · VA, NC · 15 counties · pop. 1,750,772 (2023)
The FY2026 Fair Market Rent for a 2-bedroom in Virginia Beach-Norfolk-Newport News, VA-NC is $1,713/month. Across bedroom sizes the HUD FMR runs from $1,492 (studio) to $2,797 (4-bedroom). That 2-bedroom figure is $738 above the US national median FMR of $975 — far above the national median FMR — and ranks #44 of 75 among the largest metros (1 = most expensive). FMR is the federal voucher rent standard, not the market median.
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Virginia Beach-Norfolk-Newport News, VA-NC FMR by bedroom size
| Unit size | Monthly FMR | ≈ Weekly | Annual |
|---|---|---|---|
| Studio / efficiency | $1,492 | $345 | $17,904 |
| 1-bedroom | $1,512 | $349 | $18,144 |
| 2-bedroom | $1,713 | $396 | $20,556 |
| 3-bedroom | $2,376 | $549 | $28,512 |
| 4-bedroom | $2,797 | $646 | $33,564 |
Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.
Weekly and annual figures are simple conversions of the monthly FMR (÷4.33 and ×12). The monthly FMR is HUD's published value. Verify on huduser.gov.
What this FMR means
Fair Market Rent is HUD's estimate of the 40th-percentile gross rent — contract rent plus tenant-paid utilities — for a modest, non-luxury unit in Virginia Beach-Norfolk-Newport News, VA-NC. It is recalculated each fiscal year from American Community Survey rent data and a current-year inflation factor. Public housing agencies use the FMR to set Housing Choice Voucher (Section 8) payment standards, typically 90–110% of the FMR. A higher FMR means the program will cover a higher rent in this area; it does not mean landlords charge exactly this much.
Virginia Beach-Norfolk-Newport News, VA-NC vs its state and the US
| Benchmark | 2-bedroom FMR |
|---|---|
| Virginia Beach-Norfolk-Newport News, VA-NC | $1,713 |
| Virginia state median | $1,022 |
| US national median | $975 |
Virginia Beach-Norfolk-Newport News, VA-NC sits in Virginia, where the median area's 2-bedroom FMR is $1,022 and areas range from $914 to $2,246.
Metro areas with a similar FMR
The five areas closest to Virginia Beach-Norfolk-Newport News, VA-NC on the 2-bedroom FMR scale:
| Metro area | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| Virginia Beach-Norfolk-Newport News, VA-NC (this area) | $1,492 | $1,512 | $1,713 | $2,376 | $2,797 |
| Minneapolis-St. Paul-Bloomington, MN-WI | $1,242 | $1,405 | $1,709 | $2,262 | $2,531 |
| Fort Worth-Arlington, TX | $1,427 | $1,473 | $1,723 | $2,273 | $2,815 |
| Albany-Schenectady-Troy, NY | $1,217 | $1,417 | $1,702 | $2,041 | $2,253 |
| Providence-Fall River, RI-MA | $1,318 | $1,402 | $1,729 | $2,087 | $2,480 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | $1,507 | $1,578 | $1,730 | $2,211 | $2,696 |
Frequently asked questions
What is the FY2026 Fair Market Rent for a 2-bedroom in Virginia Beach-Norfolk-Newport News, VA-NC?
The FY2026 HUD Fair Market Rent for a two-bedroom unit in the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area is $1,713 per month. FMR is the 40th-percentile gross rent (including utilities) HUD uses to set Housing Choice Voucher payment standards — it is not the local market median. Verify the current figure at huduser.gov.
What are the FMRs for other bedroom sizes in Virginia Beach-Norfolk-Newport News, VA-NC?
In FY2026 the FMRs are $1,492 (studio), $1,512 (1-bedroom), $1,713 (2-bedroom), $2,376 (3-bedroom) and $2,797 (4-bedroom) per month. Larger units have higher FMRs because they assume more bedrooms and occupants.
Is rent in Virginia Beach-Norfolk-Newport News, VA-NC high compared with the rest of the US?
Its 2-bedroom FMR of $1,713 is $738 above the national median FMR of $975 (+76%) — far above the national median FMR. Among the 75 largest metros it ranks #44 of 75 by 2-bedroom FMR (1 = most expensive).
Does the FMR mean my voucher will cover that much rent?
Not exactly. The local public housing agency (PHA) sets a "payment standard" usually between 90% and 110% of the FMR, and your subsidy is based on that standard minus roughly 30% of your adjusted income. The FMR is the benchmark, not a guaranteed amount — check with the PHA that serves Virginia Beach-Norfolk-Newport News, VA-NC.
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Source & accuracy
FY2026 Fair Market Rents, U.S. Dept. of Housing & Urban Development — HUD USER (public domain). FMR is the federal voucher rent standard, not the market median. Figures are a June 2026 snapshot of HUD's revised final FY2026 file; verify the current value on huduser.gov before relying on it.
Last updated: 2026-06-20