Prince George 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 Prince George County are Hopewell, Prince George, Disputanta, and Fort Lee. 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 Prince George County use?

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

Prince George 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.

Prince George 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. Prince George County is the 20th most expensive county in terms of FMRs.

Rent Tables Prince George 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
23801 $1,920 $1,970 $2,210 $2,830 $3,450
23842 $1,100 $1,130 $1,270 $1,620 $1,980
23860 $1,110 $1,140 $1,280 $1,640 $2,000
23875 $1,320 $1,350 $1,520 $1,940 $2,370
23881 $1,080 $1,110 $1,250 $1,590 $1,940
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23801 $1,728 $1,773 $1,989 $2,547 $3,105
23842 $990 $1,017 $1,143 $1,458 $1,782
23860 $999 $1,026 $1,152 $1,476 $1,800
23875 $1,188 $1,215 $1,368 $1,746 $2,133
23881 $972 $999 $1,125 $1,431 $1,746
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23801 $2,112 $2,167 $2,431 $3,113 $3,795
23842 $1,210 $1,243 $1,397 $1,782 $2,178
23860 $1,221 $1,254 $1,408 $1,804 $2,200
23875 $1,452 $1,485 $1,672 $2,134 $2,607
23881 $1,188 $1,221 $1,375 $1,749 $2,134

Fair Market Rents on this page apply to the following cities in Prince George County, Virginia: Hopewell, Prince George, Disputanta, Fort Lee, and Spring Grove.

These Fair Market Rents also apply to the following ZIP codes in Prince George County, Virginia: 23860, 23875, 23842, 23801, and 23881.

Prince George 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, New Kent County, VA, Powhatan County, VA, Sussex County, VA, Colonial Heights city, VA, Hopewell city, VA, Petersburg city, VA, and Richmond city, VA.

More on Prince George County, VA

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Data Source

HUD Seal

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