FY2027 Small Area FMR · Nelson, VA

ZIP 24580 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24580 (Nelson, VA) is $940 a month, up 3.3% from FY2026. That is 2% below the Mecklenburg County, VA area-wide FMR of $960.

2-bedroom SAFMR$940per month ▲ 3.3%

Area-wide 2 BR FMR$960Mecklenburg County, VA

Rank in the area9thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$846

2 BR Small Area FMR$940

110% of SAFMR$1,034

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

Studio$720▲ 4.3%

1 BR$720▲ 2.9%

2 BR$940▲ 3.3%

3 BR$1,250▲ 5.0%

4 BR$1,250▲ 2.5%

FY2027 FY2026

Where 24580 sits in the Mecklenburg County, VA area

Of the 14 ZIP codes HUD lists for the area, 24580 has the 9th highest two-bedroom Small Area FMR. Mecklenburg 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 $960 for two bedrooms; an agency that opts in to Small Area FMRs would use $940 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	$720	$648 – $792	$729	$690
1 bedroom	$720	$648 – $792	$734	$700
2 bedrooms	$940	$846 – $1,034	$960	$910
3 bedrooms	$1,250	$1,125 – $1,375	$1,268	$1,190
4 bedrooms	$1,250	$1,125 – $1,375	$1,273	$1,220

A household renting a two-bedroom home at the Small Area FMR of $940 needs about $37,600 a year to keep housing costs at 30% of income. The area median family income is $79,500 and the 80% low-income limit for four people is $63,900. ZIP code 24580 lies mainly in Mecklenburg County. See the Mecklenburg County, VA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
24529	Buffalo Junction	3.6 mi	$1,030
23927	Clarksville	6.3 mi	$940
24598	Virgilina	6.6 mi	$1,370
27507	Bullock	7.3 mi	$1,080
27582	Stovall	9.4 mi	$1,140
27574	Roxboro	12.7 mi	$1,150

Questions

What is the Fair Market Rent for ZIP code 24580?

HUD's FY2027 Small Area Fair Market Rents for 24580 are $720 (studio), $720 (1 BR), $940 (2 BR), $1,250 (3 BR) and $1,250 (4 BR) a month.

What is the Section 8 payment standard in 24580?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24580 that range is $846 to $1,034 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 24580?

The FY2026 income limits of the Mecklenburg County, VA area apply: median family income $79,500, low-income (80%) limit $63,900 for a family of four.