FY2027 Small Area FMR · Newsoms, VA

ZIP 23874 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 23874 (Newsoms, VA) is $1,030 a month, down 9.6% from FY2026. That is 0% equal to the Southampton County-Franklin city, VA HUD Nonmetro FMR Area area-wide FMR of $1,032.

2-bedroom SAFMR$1,030per month ▼ 9.6%

Area-wide 2 BR FMR$1,032Southampton County-Franklin

Rank in the area9thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$927

2 BR Small Area FMR$1,030

110% of SAFMR$1,133

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

Studio$800▼ 7.0%

1 BR$830▼ 4.6%

2 BR$1,030▼ 9.6%

3 BR$1,310▼ 9.7%

4 BR$1,720▼ 9.9%

FY2027 FY2026

Where 23874 sits in the Southampton County-Franklin city, VA HUD Nonmetro FMR Area area

Of the 13 ZIP codes HUD lists for the area, 23874 has the 9th highest two-bedroom Small Area FMR. Southampton County-Franklin city, VA HUD Nonmetro FMR Area 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 $1,032 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,030 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	$800	$720 – $880	$874	$860
1 bedroom	$830	$747 – $913	$897	$870
2 bedrooms	$1,030	$927 – $1,133	$1,032	$1,140
3 bedrooms	$1,310	$1,179 – $1,441	$1,392	$1,450
4 bedrooms	$1,720	$1,548 – $1,892	$1,725	$1,910

A household renting a two-bedroom home at the Small Area FMR of $1,030 needs about $41,200 a year to keep housing costs at 30% of income. The area median family income is $96,000 and the 80% low-income limit for four people is $76,800. ZIP code 23874 lies mainly in Southampton County. See the Southampton County-Franklin city, VA HUD Nonmetro FMR Area county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
23827	Boykins	6.2 mi	$1,040
23851	Franklin	8.1 mi	$1,110
27818	Como	8.4 mi	$1,010
27877	Severn	8.7 mi	$1,010
23837	Courtland	9.7 mi	$1,070
27862	Pendleton	10.0 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 23874?

HUD's FY2027 Small Area Fair Market Rents for 23874 are $800 (studio), $830 (1 BR), $1,030 (2 BR), $1,310 (3 BR) and $1,720 (4 BR) a month.

What is the Section 8 payment standard in 23874?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 23874 that range is $927 to $1,133 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 23874?

The FY2026 income limits of the Southampton County-Franklin city, VA HUD Nonmetro FMR Area area apply: median family income $96,000, low-income (80%) limit $76,800 for a family of four.