FY2027 Small Area FMR · Emory, VA
ZIP 24327 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24327 (Emory, VA) is $1,080 a month, up 2.9% from FY2026. That is 1% below the Kingsport-Bristol, TN-VA area-wide FMR of $1,091.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 24327 sits in the Kingsport-Bristol, TN-VA area
Of the 53 ZIP codes HUD lists for the area, 24327 has the 23rd 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 $1,080 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $750 | $675 – $825 | $760 | $720 |
| 1 bedroom | $840 | $756 – $924 | $845 | $820 |
| 2 bedrooms | $1,080 | $972 – $1,188 | $1,091 | $1,050 |
| 3 bedrooms | $1,370 | $1,233 – $1,507 | $1,375 | $1,340 |
| 4 bedrooms | $1,460 | $1,314 – $1,606 | $1,465 | $1,470 |
A household renting a two-bedroom home at the Small Area FMR of $1,080 needs about $43,200 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 24327 lies mainly in Washington County. See the Kingsport-Bristol, TN-VA metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 24327?
HUD's FY2027 Small Area Fair Market Rents for 24327 are $750 (studio), $840 (1 BR), $1,080 (2 BR), $1,370 (3 BR) and $1,460 (4 BR) a month.
What is the Section 8 payment standard in 24327?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24327 that range is $972 to $1,188 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 24327?
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.