FY2027 Small Area FMR · Natural Bridge, VA
ZIP 24578 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24578 (Natural Bridge, VA) is $1,180 a month, up 11.3% from FY2026. That is 12% above the Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro FMR Area area-wide FMR of $1,057.
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 24578 sits in the Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro FMR Area area
Of the 14 ZIP codes HUD lists for the area, 24578 has the 5th highest two-bedroom Small Area FMR. Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro FMR Area 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 $1,057 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,180 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $980 | $882 – $1,078 | $896 | $900 |
| 1 bedroom | $1,050 | $945 – $1,155 | $971 | $950 |
| 2 bedrooms | $1,180 | $1,062 – $1,298 | $1,057 | $1,060 |
| 3 bedrooms | $1,630 | $1,467 – $1,793 | $1,464 | $1,480 |
| 4 bedrooms | $1,970 | $1,773 – $2,167 | $1,767 | $1,780 |
A household renting a two-bedroom home at the Small Area FMR of $1,180 needs about $47,200 a year to keep housing costs at 30% of income. The area median family income is $85,700 and the 80% low-income limit for four people is $68,550. ZIP code 24578 lies mainly in Rockbridge County. See the Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro FMR Area county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 24578?
HUD's FY2027 Small Area Fair Market Rents for 24578 are $980 (studio), $1,050 (1 BR), $1,180 (2 BR), $1,630 (3 BR) and $1,970 (4 BR) a month.
What is the Section 8 payment standard in 24578?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24578 that range is $1,062 to $1,298 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 24578?
The FY2026 income limits of the Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro FMR Area area apply: median family income $85,700, low-income (80%) limit $68,550 for a family of four.