FY2027 Small Area FMR · Norfolk, VA
ZIP 23509 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 23509 (Norfolk, VA) is $1,560 a month, down 3.1% from FY2026. That is 6% below the Virginia Beach-Norfolk-Newport News, VA-NC area-wide FMR of $1,667.
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 23509 sits in the Virginia Beach-Norfolk-Newport News, VA-NC area
Of the 152 ZIP codes HUD lists for the area, 23509 has the 75th highest two-bedroom Small Area FMR. Virginia Beach-Norfolk-Newport News, VA-NC is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,404 and $1,716 for two bedrooms.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,380 | $1,242 – $1,518 | $1,470 | $1,400 |
| 1 bedroom | $1,390 | $1,251 – $1,529 | $1,488 | $1,420 |
| 2 bedrooms | $1,560 | $1,404 – $1,716 | $1,667 | $1,610 |
| 3 bedrooms | $2,150 | $1,935 – $2,365 | $2,298 | $2,230 |
| 4 bedrooms | $2,540 | $2,286 – $2,794 | $2,710 | $2,630 |
A household renting a two-bedroom home at the Small Area FMR of $1,560 needs about $62,400 a year to keep housing costs at 30% of income. The area median family income is $107,700 and the 80% low-income limit for four people is $86,150. ZIP code 23509 lies mainly in Norfolk city. See the Virginia Beach-Norfolk-Newport News, VA-NC metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 23509?
HUD's FY2027 Small Area Fair Market Rents for 23509 are $1,380 (studio), $1,390 (1 BR), $1,560 (2 BR), $2,150 (3 BR) and $2,540 (4 BR) a month.
What is the Section 8 payment standard in 23509?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 23509 that range is $1,404 to $1,716 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 23509?
The FY2026 income limits of the Virginia Beach-Norfolk-Newport News, VA-NC area apply: median family income $107,700, low-income (80%) limit $86,150 for a family of four.