FY2027 Small Area FMR · Cheriton, VA

ZIP 23316 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 23316 (Cheriton, VA) is $990 a month, up 3.1% from FY2026. That is 0% equal to the Northampton County, VA area-wide FMR of $992.

2-bedroom SAFMR$990per month ▲ 3.1%

Area-wide 2 BR FMR$992Northampton County, VA

Rank in the area2ndof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$891

2 BR Small Area FMR$990

110% of SAFMR$1,089

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

Studio$750▲ 2.7%

1 BR$760▲ 4.1%

2 BR$990▲ 3.1%

3 BR$1,350▲ 0.7%

4 BR$1,650▲ 2.5%

FY2027 FY2026

Where 23316 sits in the Northampton County, VA area

Of the 11 ZIP codes HUD lists for the area, 23316 has the 2nd highest two-bedroom Small Area FMR. Northampton County, 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 $992 for two bedrooms; an agency that opts in to Small Area FMRs would use $990 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	$750	$675 – $825	$753	$730
1 bedroom	$760	$684 – $836	$758	$730
2 bedrooms	$990	$891 – $1,089	$992	$960
3 bedrooms	$1,350	$1,215 – $1,485	$1,356	$1,340
4 bedrooms	$1,650	$1,485 – $1,815	$1,658	$1,610

A household renting a two-bedroom home at the Small Area FMR of $990 needs about $39,600 a year to keep housing costs at 30% of income. The area median family income is $86,300 and the 80% low-income limit for four people is $69,050. ZIP code 23316 lies mainly in Northampton County. See the Northampton County, VA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
23347	Eastville	2.6 mi	$990
23310	Cape Charles	3.4 mi	$990
23405	Machipongo	8.3 mi	$990
23307	Birdsnest	11.1 mi	$1,000
23354	Franktown	11.9 mi	$960
23408	Marionville	13.2 mi	$990

Questions

What is the Fair Market Rent for ZIP code 23316?

HUD's FY2027 Small Area Fair Market Rents for 23316 are $750 (studio), $760 (1 BR), $990 (2 BR), $1,350 (3 BR) and $1,650 (4 BR) a month.

What is the Section 8 payment standard in 23316?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 23316 that range is $891 to $1,089 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 23316?

The FY2026 income limits of the Northampton County, VA area apply: median family income $86,300, low-income (80%) limit $69,050 for a family of four.