FY2027 Small Area FMR · Woolwine, VA

ZIP 24185 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24185 (Woolwine, VA) is $990 a month, up 3.1% from FY2026. That is 5% above the Patrick County, VA area-wide FMR of $943.

2-bedroom SAFMR$990per month ▲ 3.1%

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

Rank in the area7thof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$891

2 BR Small Area FMR$990

110% of SAFMR$1,089

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

Studio$790▲ 1.3%

1 BR$800▲ 1.3%

2 BR$990▲ 3.1%

3 BR$1,250▲ 3.3%

4 BR$1,470▲ 1.4%

FY2027 FY2026

Where 24185 sits in the Patrick County, VA area

Of the 16 ZIP codes HUD lists for the area, 24185 has the 7th highest two-bedroom Small Area FMR. Patrick 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 $990 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	$790	$711 – $869	$755	$780
1 bedroom	$800	$720 – $880	$760	$790
2 bedrooms	$990	$891 – $1,089	$943	$960
3 bedrooms	$1,250	$1,125 – $1,375	$1,208	$1,210
4 bedrooms	$1,470	$1,323 – $1,617	$1,460	$1,450

A household renting a two-bedroom home at the Small Area FMR of $990 needs about $39,600 a year to keep housing costs at 30% of income. The area median family income is $78,000 and the 80% low-income limit for four people is $63,900. ZIP code 24185 lies mainly in Patrick County. See the Patrick County, VA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
24091	Floyd	8.2 mi	$1,110
24171	Stuart	8.4 mi	$940
24120	Meadows Of Dan	11.5 mi	$990
24088	Ferrum	11.8 mi	$940
24133	Patrick Springs	12.3 mi	$940
24380	Willis	13.6 mi	$990

Questions

What is the Fair Market Rent for ZIP code 24185?

HUD's FY2027 Small Area Fair Market Rents for 24185 are $790 (studio), $800 (1 BR), $990 (2 BR), $1,250 (3 BR) and $1,470 (4 BR) a month.

What is the Section 8 payment standard in 24185?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24185 that range is $891 to $1,089 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 24185?

The FY2026 income limits of the Patrick County, VA area apply: median family income $78,000, low-income (80%) limit $63,900 for a family of four.