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Fair Market Rent · Virginia

Fair Market Rent in Chesapeake city, VA

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$1,470studio
$1,4881 bedroom
$1,6672 bedrooms
$2,2983 bedrooms
$2,7104 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Chesapeake city is $1,667 a month, -2.7% from FY2026. Chesapeake city is part of the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$1,470$1,492-1.5%$1,323–1,617
1 bedroom$1,488$1,512-1.6%$1,339–1,637
2 bedrooms$1,667$1,713-2.7%$1,500–1,834
3 bedrooms$2,298$2,376-3.3%$2,068–2,528
4 bedrooms$2,710$2,797-3.1%$2,439–2,981

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Chesapeake city

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
23320Chesapeake$2,100$1,669$1,716
23321Chesapeake$1,700$1,477$1,586
23322Chesapeake$2,120$1,692$1,835
23323Chesapeake$1,930$1,439$1,682
23324Chesapeake$1,420$1,066$1,158
23325Chesapeake$1,660$1,381$1,465

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.