FY2027 Small Area FMR · Pleasant Valley, VA
ZIP 22848 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 22848 (Pleasant Valley, VA) is $1,230 a month, down 5.4% from FY2026. That is 3% below the Harrisonburg, VA area-wide FMR of $1,264.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 22848 sits in the Harrisonburg, VA area
Of the 26 ZIP codes HUD lists for the area, 22848 has the 10th highest two-bedroom Small Area FMR. Harrisonburg, VA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,264 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,010 | $909 – $1,111 | $1,038 | $1,030 |
| 1 bedroom | $1,020 | $918 – $1,122 | $1,044 | $1,040 |
| 2 bedrooms | $1,230 | $1,107 – $1,353 | $1,264 | $1,300 |
| 3 bedrooms | $1,680 | $1,512 – $1,848 | $1,728 | $1,770 |
| 4 bedrooms | $1,980 | $1,782 – $2,178 | $2,034 | $2,090 |
A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $97,700 and the 80% low-income limit for four people is $78,150. ZIP code 22848 lies mainly in Rockingham County. See the Harrisonburg, VA metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 22848?
HUD's FY2027 Small Area Fair Market Rents for 22848 are $1,010 (studio), $1,020 (1 BR), $1,230 (2 BR), $1,680 (3 BR) and $1,980 (4 BR) a month.
What is the Section 8 payment standard in 22848?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 22848 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 22848?
The FY2026 income limits of the Harrisonburg, VA area apply: median family income $97,700, low-income (80%) limit $78,150 for a family of four.