Virginia · FIPS 51800 · HUD FY 2027

Suffolk city, Virginia Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Suffolk city is $1,667 a month (rent plus utilities), 7% below the Virginia average of $1,792 and 5% below the U.S. average of $1,761. That is down $46 (2.7%) from FY 2026. At 30% of income, a household needs about $66,680 a year to afford it.

$1,6672-bedroom FMR−$46 (−2.7%) vs FY 2026
$1,4881-bedroom FMRVirginia: $1,596 · U.S.: $1,478
$66,680Income for a 2-bedroom$32/hour full-time
15 of 1332BR rank in Virginia1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,667/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Suffolk city FMR	$1,667	$66,680	–
Virginia average	$1,792	$71,689	–
U.S. average	$1,761	$70,432	–

Suffolk city Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
Unit	Suffolk city FY 2027	FY 2026	Change	Virginia avg	U.S. avg	Income needed
Studio	$1,470	$1,492	−$22 (−1.5%)	$1,536	$1,379	$58,800
1 bedroom	$1,488	$1,512	−$24 (−1.6%)	$1,596	$1,478	$59,520
2 bedrooms	$1,667	$1,713	−$46 (−2.7%)	$1,792	$1,761	$66,680
3 bedrooms	$2,298	$2,376	−$78 (−3.3%)	$2,326	$2,266	$91,920
4 bedrooms	$2,710	$2,797	−$87 (−3.1%)	$2,752	$2,607	$108,400

How Suffolk city compares

HUD sets this rent for the Virginia Beach-Norfolk-Newport News, VA-NC metro FMR area, which covers 1,759,383 residents in 15 counties.
Across Virginia, 2-bedroom FMRs run from $943 (Wythe County) to $2,438 (Alexandria city).
Studio to 4-bedroom: $1,470, $1,488, $1,667, $2,298, $2,710. 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 7 ZIP codes mostly in Suffolk city (by land area), the 2-bedroom figure ranges from $1,290 to $2,050.

Small Area FMRs by ZIP code in Suffolk city

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, ZIP codes in Suffolk city
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
23432	$1,470	$1,480	$1,660	$2,300	$2,700	−$90 (−5.1%)	about the same as
23433	$1,740	$1,760	$1,980	$2,730	$3,210	−$110 (−5.3%)	19% above
23434	$1,360	$1,370	$1,540	$2,120	$2,500	−$70 (−4.3%)	8% below
23435	$1,810	$1,830	$2,050	$2,830	$3,330	−$120 (−5.5%)	23% above
23436	$1,780	$1,800	$2,020	$2,790	$3,290	−$120 (−5.6%)	21% above
23437	$1,140	$1,150	$1,290	$1,780	$2,100	+$50 (+4.0%)	23% below
23438	$1,570	$1,580	$1,800	$2,520	$2,990	−$200 (−10.0%)	8% above

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.

All Virginia counties · How HUD sets these rents