Newport News city, VA

2024 Fair Market Rents

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

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 two largest cities in Newport News city are Newport News and Fort Eustis. 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 Newport News city use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Newport News city 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 Newport News city compare?

Newport News city ($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.

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

Rent Tables Newport News city, 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
23604 $0 $1,700 $1,970 $2,740 $3,340
23606 $0 $1,250 $1,450 $2,020 $2,460
23608 $0 $1,220 $1,410 $1,960 $2,390
23609 $0 $1,160 $1,350 $1,880 $2,290
23612 $0 $1,160 $1,350 $1,880 $2,290
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23604 $1,521 $1,530 $1,773 $2,466 $3,006
23606 $1,116 $1,125 $1,305 $1,818 $2,214
23608 $1,089 $1,098 $1,269 $1,764 $2,151
23609 $1,044 $1,044 $1,215 $1,692 $2,061
23612 $1,044 $1,044 $1,215 $1,692 $2,061
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23604 $1,859 $1,870 $2,167 $3,014 $3,674
23606 $1,364 $1,375 $1,595 $2,222 $2,706
23608 $1,331 $1,342 $1,551 $2,156 $2,629
23609 $1,276 $1,276 $1,485 $2,068 $2,519
23612 $1,276 $1,276 $1,485 $2,068 $2,519

Fair Market Rents on this page apply to the following cities in Newport News city, Virginia: Newport News and Fort Eustis.

These Fair Market Rents also apply to the following ZIP codes in Newport News city, Virginia: 23608, 23606, 23604, 23609, 23612, and 23628.

Newport News city, 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, Mathews County, VA, York County, VA, Chesapeake city, VA, Hampton 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.