FY2027 Small Area FMR · Charlottesville, VA

ZIP 22903 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 22903 (Charlottesville, VA) is $1,710 a month, down 9.5% from FY2026. That is 4% above the Charlottesville, VA area-wide FMR of $1,642.

2-bedroom SAFMR$1,710per month ▼ 9.5%

Area-wide 2 BR FMR$1,642Charlottesville, VA

Rank in the area12thof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,539

2 BR Small Area FMR$1,710

110% of SAFMR$1,881

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,330▼ 9.5%

1 BR$1,500▼ 9.6%

2 BR$1,710▼ 9.5%

3 BR$2,070▼ 10.0%

4 BR$2,550▼ 9.9%

FY2027 FY2026

Where 22903 sits in the Charlottesville, VA area

Of the 51 ZIP codes HUD lists for the area, 22903 has the 12th highest two-bedroom Small Area FMR. Charlottesville, VA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,642 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,710 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,330	$1,197 – $1,463	$1,279	$1,470
1 bedroom	$1,500	$1,350 – $1,650	$1,442	$1,660
2 bedrooms	$1,710	$1,539 – $1,881	$1,642	$1,890
3 bedrooms	$2,070	$1,863 – $2,277	$1,997	$2,300
4 bedrooms	$2,550	$2,295 – $2,805	$2,458	$2,830

A household renting a two-bedroom home at the Small Area FMR of $1,710 needs about $68,400 a year to keep housing costs at 30% of income. The area median family income is $139,800 and the 80% low-income limit for four people is $106,800. ZIP code 22903 lies mainly in Albemarle County and Charlottesville city. See the Charlottesville, VA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
22904	Charlottesville	4.2 mi	$1,710
22959	North Garden	5.9 mi	$1,650
22901	Charlottesville	6.0 mi	$1,750
22908	Charlottesville	6.4 mi	$1,650
22902	Charlottesville	7.8 mi	$1,850
22943	Greenwood	10.2 mi	$1,650

Questions

What is the Fair Market Rent for ZIP code 22903?

HUD's FY2027 Small Area Fair Market Rents for 22903 are $1,330 (studio), $1,500 (1 BR), $1,710 (2 BR), $2,070 (3 BR) and $2,550 (4 BR) a month.

What is the Section 8 payment standard in 22903?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 22903 that range is $1,539 to $1,881 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 22903?

The FY2026 income limits of the Charlottesville, VA area apply: median family income $139,800, low-income (80%) limit $106,800 for a family of four.