New Kent 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 three largest cities in New Kent County are Quinton, New Kent, and Barhamsville. 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 New Kent County use?

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

New Kent 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.

New Kent 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. New Kent County is the 20th most expensive county in terms of FMRs.

Rent Tables New Kent 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
23011 $1,260 $1,280 $1,470 $2,010 $2,450
23124 $1,260 $1,290 $1,450 $1,860 $2,280
23141 $1,200 $1,230 $1,380 $1,770 $2,160
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23011 $1,134 $1,152 $1,323 $1,809 $2,205
23124 $1,134 $1,161 $1,305 $1,674 $2,052
23141 $1,080 $1,107 $1,242 $1,593 $1,944
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23011 $1,386 $1,408 $1,617 $2,211 $2,695
23124 $1,386 $1,419 $1,595 $2,046 $2,508
23141 $1,320 $1,353 $1,518 $1,947 $2,376

Fair Market Rents on this page apply to the following cities in New Kent County, Virginia: Quinton, New Kent, and Barhamsville.

These Fair Market Rents also apply to the following ZIP codes in New Kent County, Virginia: 23141, 23124, and 23011.

New Kent 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, Chesterfield County, VA, Dinwiddie County, VA, Goochland County, VA, Hanover County, VA, Henrico County, VA, King William 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.

More on New Kent County, VA

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