FY2027 Small Area FMR · Saxe, VA

ZIP 23967 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 23967 (Saxe, VA) is $1,180 a month, up 5.4% from FY2026. That is 25% above the Charlotte County, VA area-wide FMR of $943.

2-bedroom SAFMR$1,180per month ▲ 5.4%

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

Rank in the area3rdof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,062

2 BR Small Area FMR$1,180

110% of SAFMR$1,298

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

Studio$900▲ 4.7%

1 BR$910▲ 4.6%

2 BR$1,180▲ 5.4%

3 BR$1,460▲ 3.5%

4 BR$1,960▲ 5.9%

FY2027 FY2026

Where 23967 sits in the Charlotte County, VA area

Of the 15 ZIP codes HUD lists for the area, 23967 has the 3rd highest two-bedroom Small Area FMR. Charlotte 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 $1,180 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	$900	$810 – $990	$716	$860
1 bedroom	$910	$819 – $1,001	$721	$870
2 bedrooms	$1,180	$1,062 – $1,298	$943	$1,120
3 bedrooms	$1,460	$1,314 – $1,606	$1,161	$1,410
4 bedrooms	$1,960	$1,764 – $2,156	$1,576	$1,850

A household renting a two-bedroom home at the Small Area FMR of $1,180 needs about $47,200 a year to keep housing costs at 30% of income. The area median family income is $80,200 and the 80% low-income limit for four people is $64,150. ZIP code 23967 lies mainly in Charlotte County. See the Charlotte County, VA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
23976	Wylliesburg	5.5 mi	$1,010
23937	Drakes Branch	7.2 mi	$1,320
24534	Clover	8.0 mi	$1,030
23962	Randolph	8.5 mi	$1,110
23964	Red Oak	10.0 mi	$940
23923	Charlotte Court House	12.0 mi	$990

Questions

What is the Fair Market Rent for ZIP code 23967?

HUD's FY2027 Small Area Fair Market Rents for 23967 are $900 (studio), $910 (1 BR), $1,180 (2 BR), $1,460 (3 BR) and $1,960 (4 BR) a month.

What is the Section 8 payment standard in 23967?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 23967 that range is $1,062 to $1,298 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 23967?

The FY2026 income limits of the Charlotte County, VA area apply: median family income $80,200, low-income (80%) limit $64,150 for a family of four.