FY2027 Small Area FMR · Staunton, VA

ZIP 24401 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24401 (Staunton, VA) is $1,220 a month, down 5.4% from FY2026. That is 2% above the Staunton-Stuarts Draft, VA area-wide FMR of $1,199.

2-bedroom SAFMR$1,220per month ▼ 5.4%

Area-wide 2 BR FMR$1,199Staunton-Stuarts Draft, VA

Rank in the area17thof 32 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,098

2 BR Small Area FMR$1,220

110% of SAFMR$1,342

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

Studio$1,060▼ 4.5%

1 BR$1,060▼ 5.4%

2 BR$1,220▼ 5.4%

3 BR$1,660▼ 6.2%

4 BR$1,830▼ 8.0%

FY2027 FY2026

Where 24401 sits in the Staunton-Stuarts Draft, VA area

Of the 32 ZIP codes HUD lists for the area, 24401 has the 17th highest two-bedroom Small Area FMR. Staunton-Stuarts Draft, 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 $1,199 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,220 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	$1,060	$954 – $1,166	$1,041	$1,110
1 bedroom	$1,060	$954 – $1,166	$1,047	$1,120
2 bedrooms	$1,220	$1,098 – $1,342	$1,199	$1,290
3 bedrooms	$1,660	$1,494 – $1,826	$1,634	$1,770
4 bedrooms	$1,830	$1,647 – $2,013	$1,798	$1,990

A household renting a two-bedroom home at the Small Area FMR of $1,220 needs about $48,800 a year to keep housing costs at 30% of income. The area median family income is $98,500 and the 80% low-income limit for four people is $78,800. ZIP code 24401 lies mainly in Augusta County and Staunton city. See the Staunton-Stuarts Draft, VA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
22939	Fishersville	6.4 mi	$1,800
24482	Verona	6.9 mi	$1,290
24479	Swoope	8.6 mi	$1,220
24477	Stuarts Draft	9.2 mi	$1,360
24437	Fort Defiance	10.2 mi	$1,140
24440	Greenville	10.3 mi	$1,280

Questions

What is the Fair Market Rent for ZIP code 24401?

HUD's FY2027 Small Area Fair Market Rents for 24401 are $1,060 (studio), $1,060 (1 BR), $1,220 (2 BR), $1,660 (3 BR) and $1,830 (4 BR) a month.

What is the Section 8 payment standard in 24401?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24401 that range is $1,098 to $1,342 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 24401?

The FY2026 income limits of the Staunton-Stuarts Draft, VA area apply: median family income $98,500, low-income (80%) limit $78,800 for a family of four.