Chesterfield County, VA

2024 Fair Market Rents

Tags: 2024 Richmond, VA MSA

Return to the state page to see where Virginia ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Chesterfield County are Midlothian, Richmond, Chesterfield, and Petersburg. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Chesterfield County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Chesterfield County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Chesterfield County compare?

Chesterfield County ($1,532) has a 21% higher FMR for 2-Bedroom housing than the average of Virginia ($1,266) and therefore a higher gross rent.

Chesterfield County is rank 20th out of 133 counties. This means the FMRs, or in other words, the gross rent is higher than 113 other counties. Chesterfield County is the 20th most expensive county in terms of FMRs.

Rent Tables Chesterfield County, VA

Fair Market Rent (40th Percentile)

$1,328
studio
$1,365
1-Bedroom
$1,532
2-Bedroom
$1,959
3-Bedroom
$2,393
4-Bedroom

Median Rent (50th Percentile)

$1,432
studio
$1,472
1-Bedroom
$1,652
2-Bedroom
$2,113
3-Bedroom
$2,581
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23112 $1,560 $1,600 $1,800 $2,300 $2,810
23113 $1,580 $1,620 $1,820 $2,330 $2,840
23114 $1,660 $1,700 $1,910 $2,440 $2,980
23120 $1,990 $2,050 $2,300 $2,940 $3,590
23224 $1,170 $1,200 $1,350 $1,730 $2,110
23225 $1,310 $1,350 $1,510 $1,930 $2,360
23234 $1,190 $1,220 $1,370 $1,750 $2,140
23235 $1,570 $1,610 $1,810 $2,310 $2,830
23236 $1,540 $1,590 $1,780 $2,280 $2,780
23237 $1,340 $1,370 $1,540 $1,970 $2,410
23297 $1,450 $1,490 $1,670 $2,140 $2,610
23803 $1,110 $1,140 $1,280 $1,640 $2,000
23831 $1,480 $1,520 $1,710 $2,190 $2,670
23832 $1,670 $1,720 $1,930 $2,470 $3,020
23834 $1,250 $1,280 $1,440 $1,840 $2,250
23836 $1,500 $1,540 $1,730 $2,210 $2,700
23838 $1,820 $1,870 $2,100 $2,690 $3,280
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23112 $1,404 $1,440 $1,620 $2,070 $2,529
23113 $1,422 $1,458 $1,638 $2,097 $2,556
23114 $1,494 $1,530 $1,719 $2,196 $2,682
23120 $1,791 $1,845 $2,070 $2,646 $3,231
23224 $1,053 $1,080 $1,215 $1,557 $1,899
23225 $1,179 $1,215 $1,359 $1,737 $2,124
23234 $1,071 $1,098 $1,233 $1,575 $1,926
23235 $1,413 $1,449 $1,629 $2,079 $2,547
23236 $1,386 $1,431 $1,602 $2,052 $2,502
23237 $1,206 $1,233 $1,386 $1,773 $2,169
23297 $1,305 $1,341 $1,503 $1,926 $2,349
23803 $999 $1,026 $1,152 $1,476 $1,800
23831 $1,332 $1,368 $1,539 $1,971 $2,403
23832 $1,503 $1,548 $1,737 $2,223 $2,718
23834 $1,125 $1,152 $1,296 $1,656 $2,025
23836 $1,350 $1,386 $1,557 $1,989 $2,430
23838 $1,638 $1,683 $1,890 $2,421 $2,952
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23112 $1,716 $1,760 $1,980 $2,530 $3,091
23113 $1,738 $1,782 $2,002 $2,563 $3,124
23114 $1,826 $1,870 $2,101 $2,684 $3,278
23120 $2,189 $2,255 $2,530 $3,234 $3,949
23224 $1,287 $1,320 $1,485 $1,903 $2,321
23225 $1,441 $1,485 $1,661 $2,123 $2,596
23234 $1,309 $1,342 $1,507 $1,925 $2,354
23235 $1,727 $1,771 $1,991 $2,541 $3,113
23236 $1,694 $1,749 $1,958 $2,508 $3,058
23237 $1,474 $1,507 $1,694 $2,167 $2,651
23297 $1,595 $1,639 $1,837 $2,354 $2,871
23803 $1,221 $1,254 $1,408 $1,804 $2,200
23831 $1,628 $1,672 $1,881 $2,409 $2,937
23832 $1,837 $1,892 $2,123 $2,717 $3,322
23834 $1,375 $1,408 $1,584 $2,024 $2,475
23836 $1,650 $1,694 $1,903 $2,431 $2,970
23838 $2,002 $2,057 $2,310 $2,959 $3,608

Fair Market Rents on this page apply to the following cities in Chesterfield County, Virginia: Midlothian, Richmond, Chesterfield, Petersburg, Chester, Colonial Heights, and Moseley.

These Fair Market Rents also apply to the following ZIP codes in Chesterfield County, Virginia: 23112, 23234, 23832, 23803, 23225, 23831, 23235, 23236, 23224, 23113, 23834, 23237, 23114, 23838, 23836, 23120, and 23297.

Chesterfield County, VA is considered part of the following metro FMR area: RICHMOND, VA MSA.

Other counties in the same metro FMR area are: Amelia County, VA, Charles City County, VA, Dinwiddie County, VA, Goochland County, VA, Hanover County, VA, Henrico County, VA, King William County, VA, New Kent County, VA, Powhatan County, VA, Prince George County, VA, Sussex County, VA, Colonial Heights city, VA, Hopewell city, VA, Petersburg city, VA, and Richmond city, VA.

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Fair Market Rents are published by the Department of Housing And Urban Development.