Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area · FY2026 area median income $107,700 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $377 | $565 | $754 | $942 | $1,131 | $1,319 | $1,508 |
| 1BR | $404 | $606 | $808 | $1,010 | $1,212 | $1,414 | $1,616 |
| 2BR | $485 | $727 | $970 | $1,212 | $1,455 | $1,697 | $1,940 |
| 3BR | $560 | $840 | $1,120 | $1,400 | $1,680 | $1,960 | $2,241 |
| 4BR | $625 | $937 | $1,250 | $1,562 | $1,875 | $2,187 | $2,500 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $22,620 | $37,700 | $45,240 | $60,320 |
| 2 persons | $25,860 | $43,100 | $51,720 | $68,960 |
| 3 persons | $29,100 | $48,500 | $58,200 | $77,600 |
| 4 persons | $32,310 | $53,850 | $64,620 | $86,160 |
| 5 persons | $34,920 | $58,200 | $69,840 | $93,120 |
| 6 persons | $37,500 | $62,500 | $75,000 | $100,000 |
| 7 persons | $40,080 | $66,800 | $80,160 | $106,880 |
| 8 persons | $42,660 | $71,100 | $85,320 | $113,760 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in James City County to see the sources and uses, bond test, DSCR, and funding gap using these rents.