FY2027 Small Area FMR · Rocky Gap, VA

ZIP 24366 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24366 (Rocky Gap, VA) is $990 a month, up 4.2% from FY2026. That is 5% above the Bland County, VA area-wide FMR of $943.

2-bedroom SAFMR$990per month ▲ 4.2%

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

Rank in the area3rdof 7 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$730▲ 7.4%

1 BR$830▲ 3.8%

2 BR$990▲ 4.2%

3 BR$1,260▲ 3.3%

4 BR$1,460▲ 2.1%

FY2027 FY2026

Where 24366 sits in the Bland County, VA area

Of the 7 ZIP codes HUD lists for the area, 24366 has the 3rd highest two-bedroom Small Area FMR. Bland 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	$730	$657 – $803	$775	$680
1 bedroom	$830	$747 – $913	$779	$800
2 bedrooms	$990	$891 – $1,089	$943	$950
3 bedrooms	$1,260	$1,134 – $1,386	$1,306	$1,220
4 bedrooms	$1,460	$1,314 – $1,606	$1,460	$1,430

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 $76,200 and the 80% low-income limit for four people is $63,900. ZIP code 24366 lies mainly in Bland County. See the Bland County, VA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
24701	Bluefield	5.7 mi	$940
24739	Princeton	7.4 mi	$1,030
24314	Bastian	8.7 mi	$960
24315	Bland	9.2 mi	$940
24737	Montcalm	9.6 mi	$950
24731	Kegley	9.7 mi	$950

Questions

What is the Fair Market Rent for ZIP code 24366?

HUD's FY2027 Small Area Fair Market Rents for 24366 are $730 (studio), $830 (1 BR), $990 (2 BR), $1,260 (3 BR) and $1,460 (4 BR) a month.

What is the Section 8 payment standard in 24366?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24366 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 24366?

The FY2026 income limits of the Bland County, VA area apply: median family income $76,200, low-income (80%) limit $63,900 for a family of four.