Location: King George County, VA | Metro: King George County, VA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,200 |
| 1 Bedroom | $1,270 |
| 2 Bedrooms | $1,520 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | $2,540 |
| 5 Bedrooms | $2,946 |
| 6 Bedrooms | $3,300 |
| 7 Bedrooms | $3,564 |
| 8 Bedrooms | $3,742 |
The Fair Market Rent (FMR) for ZIP code 22547 in Unknown, VA, set at $1,470 for metro fiscal year 2026, represents the payment standard for landlords participating in the Section 8 Housing Choice Voucher program. This amount is what the government will pay toward the rent for eligible tenants; it does not mean your property's rent should be set at this exact figure.
While the local median rent for 22547 is listed as N/A, the N/A% of residents who are renters indicates a significant portion of the population relies on rental housing. This suggests that there is demand for rental properties, including those that might accept Section 8 vouchers.
The acquisition cost for properties in this area, also noted as N/A, is a critical factor when determining whether a Section 8 rental makes financial sense. Although specific costs are not available, understanding the typical range can help you assess if the FMR of $1,470 covers your expenses and provides an acceptable profit margin.
To proceed confidently with your first Section 8 rental in ZIP 22547, ensure that the property meets all the required standards for habitability and safety. The government sets these standards to protect tenants and ensure that the voucher funds are used appropriately. Compliance is mandatory and can impact your eligibility to receive the $1,470 monthly payment.
In summary, the FMR of $1,470 is a guideline for how much the government will contribute towards rent. It reflects the demand for affordable housing in the area and should be considered alongside the typical costs of acquiring and maintaining a rental property. Before making your decision, verify that your property meets all necessary standards to qualify for the Section 8 program.
Data Sources: FMR data from HUD (2027).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.