What is the Fair Market Rent in Norfolk, VA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,410 to $1,870 a month across the 8 ZIP codes that cover Norfolk.

By ZIP code: 23502 $1,550, 23503 $1,530, 23504 $1,410, 23505 $1,600, 23507 $1,660, 23508 $1,640, 23509 $1,560, 23510 $1,870.

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 Norfolk is $1,256 (±$31), below the Small Area figure for ZIP 23502.

Figures last updated on .

2 bedrooms, whole area
$1,667
2 bedrooms, ZIP 23502
$1,550
2 bedrooms, ZIP 23503
$1,530
2 bedrooms, ZIP 23504
$1,410

Fair Market Rents for Norfolk, 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
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus 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 23502$1,370$1,380$1,550$2,140$2,520$1,398
ZIP 23503$1,350$1,370$1,530$2,110$2,490$1,224
ZIP 23504$1,240$1,260$1,410$1,940$2,290$957
ZIP 23505$1,410$1,430$1,600$2,210$2,600$1,334
ZIP 23507$1,460$1,480$1,660$2,290$2,700$1,498
ZIP 23508$1,450$1,460$1,640$2,260$2,670$1,464
ZIP 23509$1,380$1,390$1,560$2,150$2,540$1,326
ZIP 23510$1,650$1,670$1,870$2,580$3,040$1,547

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.

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Questions about Norfolk

What is the Section 8 payment standard in Norfolk?

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 23502 is $1,550.

What is the Fair Market Rent for a two-bedroom in ZIP 23502?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 23502 is $1,550 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,398 (±$71).

What is the Fair Market Rent for a two-bedroom in ZIP 23503?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 23503 is $1,530 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,224 (±$39).

What is the Fair Market Rent for a two-bedroom in ZIP 23504?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 23504 is $1,410 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $957 (±$121).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 23502 is $1,380 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.

Figures last updated on .

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