FY2027 Small Area FMR · Arvonia, VA

ZIP 23004 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 23004 (Arvonia, VA) is $940 a month, up 3.3% from FY2026. That is 0% equal to the Buckingham County, VA area-wide FMR of $943.

2-bedroom SAFMR$940per month ▲ 3.3%

Area-wide 2 BR FMR$943Buckingham County, VA

Rank in the area10thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$846

2 BR Small Area FMR$940

110% of SAFMR$1,034

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

Studio$800▲ 1.3%

1 BR$870▲ 4.8%

2 BR$940▲ 3.3%

3 BR$1,310▲ 7.4%

4 BR$1,480▲ 8.8%

FY2027 FY2026

Where 23004 sits in the Buckingham County, VA area

Of the 11 ZIP codes HUD lists for the area, 23004 has the 10th highest two-bedroom Small Area FMR. Buckingham 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 $943 for two bedrooms; an agency that opts in to Small Area FMRs would use $940 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	$800	$720 – $880	$799	$790
1 bedroom	$870	$783 – $957	$866	$830
2 bedrooms	$940	$846 – $1,034	$943	$910
3 bedrooms	$1,310	$1,179 – $1,441	$1,306	$1,220
4 bedrooms	$1,480	$1,332 – $1,628	$1,480	$1,360

A household renting a two-bedroom home at the Small Area FMR of $940 needs about $37,600 a year to keep housing costs at 30% of income. The area median family income is $84,900 and the 80% low-income limit for four people is $67,900. ZIP code 23004 lies mainly in Buckingham County. See the Buckingham County, VA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
23123	New Canton	5.9 mi	$1,110
23022	Bremo Bluff	8.0 mi	$1,650
24590	Scottsville	9.1 mi	$1,650
23055	Fork Union	11.4 mi	$1,650
23936	Dillwyn	11.6 mi	$940
22963	Palmyra	12.2 mi	$1,820

Questions

What is the Fair Market Rent for ZIP code 23004?

HUD's FY2027 Small Area Fair Market Rents for 23004 are $800 (studio), $870 (1 BR), $940 (2 BR), $1,310 (3 BR) and $1,480 (4 BR) a month.

What is the Section 8 payment standard in 23004?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 23004 that range is $846 to $1,034 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 23004?

The FY2026 income limits of the Buckingham County, VA area apply: median family income $84,900, low-income (80%) limit $67,900 for a family of four.