What is the Fair Market Rent in Gloucester Point, VA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 23062, which covers Gloucester Point, is $1,170 a month.

Across the whole Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area the two-bedroom figure is $1,667.

The Census Bureau’s median gross rent for a two-bedroom home in Gloucester Point is $1,033 (±$85), below the Small Area figure for ZIP 23062.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,667
2 bedrooms, ZIP 23062: $1,170

Fair Market Rents for Gloucester Point, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area (whole area)	$1,470	$1,488	$1,667	$2,298	$2,710	—
ZIP 23062	$1,030	$1,040	$1,170	$1,610	$1,900	$1,004

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

Gloucester Point is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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Questions about Gloucester Point

What is the Section 8 payment standard in Gloucester Point?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area is $1,667, and the Small Area figure for 23062 is $1,170.

What is the Fair Market Rent for a two-bedroom in ZIP 23062?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 23062 is $1,170 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,004 (±$123).

What is the Fair Market Rent for a one-bedroom in Gloucester Point?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 23062 is $1,040 a month, against $1,488 across the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.