Virginia · FIPS 51159 · HUD FY 2027
Richmond County, Virginia Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Richmond County is $1,187 a month (rent plus utilities), 34% below the Virginia average of $1,792 and 33% below the U.S. average of $1,761. That is up $30 (2.6%) from FY 2026. At 30% of income, a household needs about $47,480 a year to afford it.
- $1,1872-bedroom FMR+$30 (+2.6%) vs FY 2026
- $9071-bedroom FMRVirginia: $1,596 · U.S.: $1,478
- $47,480Income for a 2-bedroom$23/hour full-time
- 74 of 1332BR rank in Virginia1 = highest rent
| Unit | Richmond County FY 2027 | FY 2026 | Change | Virginia avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $901 | $876 | +$25 (+2.9%) | $1,536 | $1,379 | $36,040 |
| 1 bedroom | $907 | $882 | +$25 (+2.8%) | $1,596 | $1,478 | $36,280 |
| 2 bedrooms | $1,187 | $1,157 | +$30 (+2.6%) | $1,792 | $1,761 | $47,480 |
| 3 bedrooms | $1,526 | $1,464 | +$62 (+4.2%) | $2,326 | $2,266 | $61,040 |
| 4 bedrooms | $1,643 | $1,825 | −$182 (−10.0%) | $2,752 | $2,607 | $65,720 |
How Richmond County compares
- Richmond County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Virginia, 2-bedroom FMRs run from $943 (Wythe County) to $2,438 (Alexandria city).
- Studio to 4-bedroom: $901, $907, $1,187, $1,526, $1,643. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 4 ZIP codes mostly in Richmond County (by land area), the 2-bedroom figure ranges from $1,140 to $1,260.
Small Area FMRs by ZIP code in Richmond County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 22460 | $960 | $970 | $1,260 | $1,620 | $1,850 | +$20 (+1.6%) | 6% above |
| 22472 | $870 | $870 | $1,140 | $1,470 | $1,650 | +$10 (+0.9%) | 4% below |
| 22548 | $890 | $890 | $1,170 | $1,510 | $1,650 | +$10 (+0.9%) | 1% below |
| 22572 | $880 | $890 | $1,140 | $1,500 | $1,650 | +$10 (+0.9%) | 4% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.