Mathews County, VA

2024 Fair Market Rents

Tags: 2024 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area

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The top four largest cities in Mathews County are Mathews, Cobbs Creek, Port Haywood, and Hudgins. 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 Mathews County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Mathews 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 Mathews County compare?

Mathews County ($1,493) has a 17.9% higher FMR for 2-Bedroom housing than the average of Virginia ($1,266) and therefore a higher gross rent.

Mathews County is rank 36th out of 133 counties. This means the FMRs, or in other words, the gross rent is higher than 97 other counties. Mathews County is the 36th most expensive county in terms of FMRs.

Rent Tables Mathews County, VA

Fair Market Rent (40th Percentile)

$1,279
studio
$1,287
1-Bedroom
$1,493
2-Bedroom
$2,079
3-Bedroom
$2,532
4-Bedroom

Median Rent (50th Percentile)

$1,364
studio
$1,373
1-Bedroom
$1,593
2-Bedroom
$2,218
3-Bedroom
$2,702
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
23021 $1,020 $1,030 $1,200 $1,680 $2,040
23025 $1,020 $1,030 $1,200 $1,680 $2,040
23035 $1,020 $1,030 $1,200 $1,680 $2,040
23045 $1,020 $1,030 $1,200 $1,680 $2,040
23056 $1,020 $1,030 $1,200 $1,680 $2,040
23064 $1,020 $1,030 $1,200 $1,680 $2,040
23066 $1,020 $1,030 $1,200 $1,680 $2,040
23068 $1,020 $1,030 $1,200 $1,680 $2,040
23076 $1,020 $1,030 $1,200 $1,680 $2,040
23109 $1,010 $1,030 $1,200 $1,680 $2,040
23119 $1,020 $1,030 $1,200 $1,680 $2,040
23125 $1,020 $1,030 $1,200 $1,680 $2,040
23130 $1,220 $1,220 $1,420 $1,970 $2,400
23138 $1,400 $1,400 $1,630 $2,270 $2,760
23163 $1,400 $1,400 $1,630 $2,270 $2,760
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23021 $918 $927 $1,080 $1,512 $1,836
23025 $918 $927 $1,080 $1,512 $1,836
23035 $918 $927 $1,080 $1,512 $1,836
23045 $918 $927 $1,080 $1,512 $1,836
23056 $918 $927 $1,080 $1,512 $1,836
23064 $918 $927 $1,080 $1,512 $1,836
23066 $918 $927 $1,080 $1,512 $1,836
23068 $918 $927 $1,080 $1,512 $1,836
23076 $918 $927 $1,080 $1,512 $1,836
23109 $909 $927 $1,080 $1,512 $1,836
23119 $918 $927 $1,080 $1,512 $1,836
23125 $918 $927 $1,080 $1,512 $1,836
23130 $1,098 $1,098 $1,278 $1,773 $2,160
23138 $1,260 $1,260 $1,467 $2,043 $2,484
23163 $1,260 $1,260 $1,467 $2,043 $2,484
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23021 $1,122 $1,133 $1,320 $1,848 $2,244
23025 $1,122 $1,133 $1,320 $1,848 $2,244
23035 $1,122 $1,133 $1,320 $1,848 $2,244
23045 $1,122 $1,133 $1,320 $1,848 $2,244
23056 $1,122 $1,133 $1,320 $1,848 $2,244
23064 $1,122 $1,133 $1,320 $1,848 $2,244
23066 $1,122 $1,133 $1,320 $1,848 $2,244
23068 $1,122 $1,133 $1,320 $1,848 $2,244
23076 $1,122 $1,133 $1,320 $1,848 $2,244
23109 $1,111 $1,133 $1,320 $1,848 $2,244
23119 $1,122 $1,133 $1,320 $1,848 $2,244
23125 $1,122 $1,133 $1,320 $1,848 $2,244
23130 $1,342 $1,342 $1,562 $2,167 $2,640
23138 $1,540 $1,540 $1,793 $2,497 $3,036
23163 $1,540 $1,540 $1,793 $2,497 $3,036

Fair Market Rents on this page apply to the following cities in Mathews County, Virginia: Mathews, Cobbs Creek, Port Haywood, Hudgins, Bohannon, Cardinal, Diggs, Foster, Grimstead, Gwynn, Hallieford, Moon, New Point, Onemo, and Susan.

These Fair Market Rents also apply to the following ZIP codes in Mathews County, Virginia: 23109, 23035, 23138, 23076, 23021, 23025, 23045, 23056, 23064, 23066, 23068, 23119, 23125, 23130, and 23163.

Mathews County, VA is considered part of the following metro FMR area: VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Gloucester County, VA, Isle of Wight County, VA, James City County, VA, York County, VA, Chesapeake city, VA, Hampton city, VA, Newport News city, VA, Norfolk city, VA, Poquoson city, VA, Portsmouth city, VA, Suffolk city, VA, Virginia Beach city, VA, and Williamsburg city, VA.

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