Income Limits by County

FY2027 Small Area FMR · Waynesboro, VA

ZIP 22980 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 22980 (Waynesboro, VA) is $1,140 a month, down 4.2% from FY2026. That is 5% below the Staunton-Stuarts Draft, VA area-wide FMR of $1,199.

2-bedroom SAFMR$1,140per month ▼ 4.2%
Area-wide 2 BR FMR$1,199Staunton-Stuarts Draft, VA
Rank in the area25thof 32 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,026
2 BR Small Area FMR$1,140
110% of SAFMR$1,254

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

FY2027 FY2026

Where 22980 sits in the Staunton-Stuarts Draft, VA area

$1,140$1,800median $1,225

Of the 32 ZIP codes HUD lists for the area, 22980 has the 25th highest two-bedroom Small Area FMR. Staunton-Stuarts Draft, 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 $1,199 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,140 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$980$882 – $1,078$1,041$1,030
1 bedroom$990$891 – $1,089$1,047$1,030
2 bedrooms$1,140$1,026 – $1,254$1,199$1,190
3 bedrooms$1,570$1,413 – $1,727$1,634$1,640
4 bedrooms$1,750$1,575 – $1,925$1,798$1,890

A household renting a two-bedroom home at the Small Area FMR of $1,140 needs about $45,600 a year to keep housing costs at 30% of income. The area median family income is $98,500 and the 80% low-income limit for four people is $78,800. ZIP code 22980 lies mainly in Augusta County and Waynesboro city. See the Staunton-Stuarts Draft, VA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
22939Fishersville5.1 mi$1,800
24431Crimora5.3 mi$1,170
24469New Hope6.9 mi$1,280
22943Greenwood6.9 mi$1,650
24441Grottoes9.2 mi$1,190
24437Fort Defiance9.3 mi$1,140

Questions

What is the Fair Market Rent for ZIP code 22980?

HUD's FY2027 Small Area Fair Market Rents for 22980 are $980 (studio), $990 (1 BR), $1,140 (2 BR), $1,570 (3 BR) and $1,750 (4 BR) a month.

What is the Section 8 payment standard in 22980?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 22980 that range is $1,026 to $1,254 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 22980?

The FY2026 income limits of the Staunton-Stuarts Draft, VA area apply: median family income $98,500, low-income (80%) limit $78,800 for a family of four.