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Income Limits

Income Limits - FY 2024-2025
Effective May 15, 2024
# of Persons 1 2 3 4 5 6 7 8
Low Income $56,400 $64,450 $72,500 $80,550 $87,000 $93,450 $99,900 $106,350
Very Low Income $35,250 $40,300 $45,350 $50,350 $54,400 $58,450 $62,450 $66,500
Extremely Low Income $21,150 $24,200 $27,200 $31,200 $36,580 $41,960 $47,340 $52,720

*Updated as of April 18, 2022

This information is found at HUD USER FY 2023 Income Limits Documentation System

FY 2024 Income Limits Documentation System -- Summary for Suffolk city, Virginia


Fair Market Rates - FY 2025
Effective January 1, 2025

  • Bedroom Size: 0
  • FMR: $1,820

  • Bedroom Size:
  • FMR: $1,830

  • Bedroom Size: 2
  • FMR: $2,090

  • Bedroom Size:
  • FMR: $2,910 

  • Bedroom Size:
  • FMR: $3,460

Payment Standards

  • 23314 Carrolton
    • Bedroom Size: 0
    • Payment Standard: $1,638

    • Bedroom Size: 1
    • Payment Standard: $1,647

    • Bedroom Size: 2
    • Payment Standard: $1,881

    • Bedroom Size: 3
    • Payment Standard: $2,619

    • Bedroom Size: 4
    • Payment Standard: $3,114

    • Bedroom Size: 5
    • Payment Standard: $3,581

    • Bedroom Size: 6
    • Payment Standard: $4,048

  • 23424 Rescue
    • Bedroom Size: 0
    • Payment Standard: $1,364

    • Bedroom Size: 1
    • Payment Standard: $1,375

    • Bedroom Size: 2
    • Payment Standard: $1,573

    • Bedroom Size: 3
    • Payment Standard: $2,189

    • Bedroom Size: 4
    • Payment Standard: $2,607

    • Bedroom Size: 5
    • Payment Standard: $2,998

    • Bedroom Size: 6
    • Payment Standard: $3,389

  • 23430/31 Smithfield
    • Bedroom Size: 0
    • Payment Standard: $1,414

    • Bedroom Size: 1
    • Payment Standard: $1,420

    • Bedroom Size: 2
    • Payment Standard: $1,648

    • Bedroom Size: 3
    • Payment Standard: $2,290

    • Bedroom Size: 4
    • Payment Standard: $2,805

    • Bedroom Size: 5
    • Payment Standard: $3,225

    • Bedroom Size: 6
    • Payment Standard: $3,646

  • 23432 Suffolk
    • Bedroom Size: 0
    • Payment Standard: $1,414

    • Bedroom Size: 1
    • Payment Standard: $1,423

    • Bedroom Size: 2
    • Payment Standard: $1,645

    • Bedroom Size: 3
    • Payment Standard: $2,309

    • Bedroom Size: 4
    • Payment Standard: $2,803

    • Bedroom Size: 5
    • Payment Standard: $3,223

    • Bedroom Size: 6
    • Payment Standard: $3,644

  • 23433 Suffolk
    • Bedroom Size: 0
    • Payment Standard: $1,276

    • Bedroom Size: 1
    • Payment Standard: $1,276

    • Bedroom Size: 2
    • Payment Standard: $1,485

    • Bedroom Size: 3
    • Payment Standard: $2,068

    • Bedroom Size: 4
    • Payment Standard: $2,508

    • Bedroom Size: 5
    • Payment Standard: $2,884

    • Bedroom Size: 6
    • Payment Standard: $3,258

  • 23434 Suffolk
    • Bedroom Size: 0
    • Payment Standard: $1,411

    • Bedroom Size: 1
    • Payment Standard: $1,421

    • Bedroom Size: 2
    • Payment Standard: $1,659

    • Bedroom Size: 3
    • Payment Standard: $2,288

    • Bedroom Size: 4
    • Payment Standard: $2,803

    • Bedroom Size: 5
    • Payment Standard: $3,223

    • Bedroom Size: 6
    • Payment Standard: $3,644

  • 23435 Suffolk
    • Bedroom Size: 0
    • Payment Standard: $1,710

    • Bedroom Size: 1
    • Payment Standard: $1,719

    • Bedroom Size: 2
    • Payment Standard: $1,962

    • Bedroom Size: 3
    • Payment Standard: $2,727

    • Bedroom Size: 4
    • Payment Standard: $3,249

    • Bedroom Size: 5
    • Payment Standard: $3,736

    • Bedroom Size: 6
    • Payment Standard: $4,223

  • 23436 Suffolk
    • Bedroom Size: 0
    • Payment Standard: $1,424

    • Bedroom Size: 1
    • Payment Standard: $1,424

    • Bedroom Size: 2
    • Payment Standard: $1,624

    • Bedroom Size: 3
    • Payment Standard: $2,295

    • Bedroom Size: 4
    • Payment Standard: $2,804

    • Bedroom Size: 5
    • Payment Standard: $3,224

    • Bedroom Size: 6
    • Payment Standard: $3,644

  • 23437 Suffolk
    • Bedroom Size: 0
    • Payment Standard: $1,276

    • Bedroom Size: 1
    • Payment Standard: $1,276

    • Bedroom Size: 2
    • Payment Standard: $1,485

    • Bedroom Size: 3
    • Payment Standard: $2,068

    • Bedroom Size: 4
    • Payment Standard: $2,508

    • Bedroom Size: 5
    • Payment Standard: $2,884

    • Bedroom Size: 6
    • Payment Standard: $3,258

  • 23438 Suffolk
    • Bedroom Size: 0
    • Payment Standard: $1,949

    • Bedroom Size: 1
    • Payment Standard: $1,959

    • Bedroom Size: 2
    • Payment Standard: $2,242

    • Bedroom Size: 3
    • Payment Standard: $3,121

    • Bedroom Size: 4
    • Payment Standard: $3,717

    • Bedroom Size: 5
    • Payment Standard: $4,274

    • Bedroom Size: 6
    • Payment Standard: $4,831

  • 23439 Suffolk
    • Bedroom Size: 0
    • Payment Standard: $1,555

    • Bedroom Size: 1
    • Payment Standard: $1,565

    • Bedroom Size: 2
    • Payment Standard: $1,787

    • Bedroom Size: 3
    • Payment Standard: $2,484

    • Bedroom Size: 4
    • Payment Standard: $2,959

    • Bedroom Size: 5
    • Payment Standard: $3,403

    • Bedroom Size: 6
    • Payment Standard: $3,847

 

 

 

 

Note: The Payment Standard will be used to calculate rent for the Housing Choice Voucher Program.  

Payment Standards are effective January 1, 2025 for all annual certifications and initial lease ups including unit transfers.  Payment Standards were calculated within the 90% - 110 % range of the published FMRs.

 

 

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