FY2027 Small Area FMR · Gate City, VA

ZIP 24251 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24251 (Gate City, VA) is $1,000 a month, up 6.4% from FY2026. That is 8% below the Kingsport-Bristol, TN-VA area-wide FMR of $1,091.

2-bedroom SAFMR$1,000per month ▲ 6.4%

Area-wide 2 BR FMR$1,091Kingsport-Bristol, TN-VA

Rank in the area41stof 53 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$900

2 BR Small Area FMR$1,000

110% of SAFMR$1,100

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

Studio$690▲ 3.0%

1 BR$770▲ 2.7%

2 BR$1,000▲ 6.4%

3 BR$1,250▲ 3.3%

4 BR$1,340▼ 3.6%

FY2027 FY2026

Where 24251 sits in the Kingsport-Bristol, TN-VA area

Of the 53 ZIP codes HUD lists for the area, 24251 has the 41st highest two-bedroom Small Area FMR. Kingsport-Bristol, TN-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 $1,091 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,000 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	$690	$621 – $759	$760	$670
1 bedroom	$770	$693 – $847	$845	$750
2 bedrooms	$1,000	$900 – $1,100	$1,091	$940
3 bedrooms	$1,250	$1,125 – $1,375	$1,375	$1,210
4 bedrooms	$1,340	$1,206 – $1,474	$1,465	$1,390

A household renting a two-bedroom home at the Small Area FMR of $1,000 needs about $40,000 a year to keep housing costs at 30% of income. The area median family income is $81,800 and the 80% low-income limit for four people is $65,450. ZIP code 24251 lies mainly in Scott County. See the Kingsport-Bristol, TN-VA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
24290	Weber City	3.5 mi	$1,110
37665	Kingsport	5.6 mi	$1,000
24250	Fort Blackmore	6.9 mi	$1,010
37645	Mount Carmel	7.4 mi	$1,010
37660	Kingsport	9.1 mi	$1,170
24258	Hiltons	9.9 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 24251?

HUD's FY2027 Small Area Fair Market Rents for 24251 are $690 (studio), $770 (1 BR), $1,000 (2 BR), $1,250 (3 BR) and $1,340 (4 BR) a month.

What is the Section 8 payment standard in 24251?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24251 that range is $900 to $1,100 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 24251?

The FY2026 income limits of the Kingsport-Bristol, TN-VA area apply: median family income $81,800, low-income (80%) limit $65,450 for a family of four.