FY2027 Small Area FMR · Willis Wharf, VA
ZIP 23486 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 23486 (Willis Wharf, VA) is $980 a month, up 7.7% from FY2026. That is 1% below the Northampton County, VA area-wide FMR of $992.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 23486 sits in the Northampton County, VA area
Of the 11 ZIP codes HUD lists for the area, 23486 has the 7th 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 $980 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $740 | $666 – $814 | $753 | $680 |
| 1 bedroom | $750 | $675 – $825 | $758 | $710 |
| 2 bedrooms | $980 | $882 – $1,078 | $992 | $910 |
| 3 bedrooms | $1,340 | $1,206 – $1,474 | $1,356 | $1,270 |
| 4 bedrooms | $1,640 | $1,476 – $1,804 | $1,658 | $1,510 |
A household renting a two-bedroom home at the Small Area FMR of $980 needs about $39,200 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 23486 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
Questions
What is the Fair Market Rent for ZIP code 23486?
HUD's FY2027 Small Area Fair Market Rents for 23486 are $740 (studio), $750 (1 BR), $980 (2 BR), $1,340 (3 BR) and $1,640 (4 BR) a month.
What is the Section 8 payment standard in 23486?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 23486 that range is $882 to $1,078 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 23486?
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.