FY2027 Small Area FMR · Locust Dale, VA

ZIP 22948 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 22948 (Locust Dale, VA) is $1,360 a month, up 7.1% from FY2026. That is 20% above the Madison County, VA area-wide FMR of $1,133.

2-bedroom SAFMR$1,360per month ▲ 7.1%

Area-wide 2 BR FMR$1,133Madison County, VA

Rank in the area7thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,224

2 BR Small Area FMR$1,360

110% of SAFMR$1,496

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,110▲ 7.8%

1 BR$1,130▲ 7.6%

2 BR$1,360▲ 7.1%

3 BR$1,860▲ 5.7%

4 BR$1,980▲ 5.3%

FY2027 FY2026

Where 22948 sits in the Madison County, VA area

Of the 22 ZIP codes HUD lists for the area, 22948 has the 7th highest two-bedroom Small Area FMR. Madison County, 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 $1,133 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,360 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,110	$999 – $1,221	$960	$1,030
1 bedroom	$1,130	$1,017 – $1,243	$1,041	$1,050
2 bedrooms	$1,360	$1,224 – $1,496	$1,133	$1,270
3 bedrooms	$1,860	$1,674 – $2,046	$1,515	$1,760
4 bedrooms	$1,980	$1,782 – $2,178	$1,754	$1,880

A household renting a two-bedroom home at the Small Area FMR of $1,360 needs about $54,400 a year to keep housing costs at 30% of income. The area median family income is $108,700 and the 80% low-income limit for four people is $79,250. ZIP code 22948 lies mainly in Madison County. See the Madison County, VA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
22730	Oakpark	1.8 mi	$1,130
22715	Brightwood	4.6 mi	$1,130
22732	Radiant	4.7 mi	$1,160
22733	Rapidan	4.9 mi	$1,430
22989	Woodberry Forest	5.1 mi	$1,190
22709	Aroda	5.2 mi	$1,130

Questions

What is the Fair Market Rent for ZIP code 22948?

HUD's FY2027 Small Area Fair Market Rents for 22948 are $1,110 (studio), $1,130 (1 BR), $1,360 (2 BR), $1,860 (3 BR) and $1,980 (4 BR) a month.

What is the Section 8 payment standard in 22948?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 22948 that range is $1,224 to $1,496 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 22948?

The FY2026 income limits of the Madison County, VA area apply: median family income $108,700, low-income (80%) limit $79,250 for a family of four.