FY2027 Small Area FMR · Ringgold, VA

ZIP 24586 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24586 (Ringgold, VA) is $980 a month, down 9.3% from FY2026. That is 4% above the Pittsylvania County-Danville city, VA HUD Nonmetro FMR Area area-wide FMR of $943.

2-bedroom SAFMR$980per month ▼ 9.3%

Area-wide 2 BR FMR$943Pittsylvania County-Danville

Rank in the area13thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$882

2 BR Small Area FMR$980

110% of SAFMR$1,078

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

Studio$710▼ 9.0%

1 BR$800▼ 9.1%

2 BR$980▼ 9.3%

3 BR$1,340▼ 9.5%

4 BR$1,500▼ 9.6%

FY2027 FY2026

Where 24586 sits in the Pittsylvania County-Danville city, VA HUD Nonmetro FMR Area area

Of the 21 ZIP codes HUD lists for the area, 24586 has the 13th highest two-bedroom Small Area FMR. Pittsylvania County-Danville 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 $943 for two bedrooms; an agency that opts in to Small Area FMRs would use $980 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	$710	$639 – $781	$657	$780
1 bedroom	$800	$720 – $880	$765	$880
2 bedrooms	$980	$882 – $1,078	$943	$1,080
3 bedrooms	$1,340	$1,206 – $1,474	$1,289	$1,480
4 bedrooms	$1,500	$1,350 – $1,650	$1,426	$1,660

A household renting a two-bedroom home at the Small Area FMR of $980 needs about $39,200 a year to keep housing costs at 30% of income. The area median family income is $75,500 and the 80% low-income limit for four people is $63,900. ZIP code 24586 lies mainly in Pittsylvania County. See the Pittsylvania County-Danville city, VA HUD Nonmetro FMR Area county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
27305	Milton	6.0 mi	$1,260
24594	Sutherlin	6.1 mi	$940
24540	Danville	8.5 mi	$940
27212	Blanch	8.7 mi	$1,150
24566	Keeling	8.7 mi	$1,240
24527	Blairs	9.7 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 24586?

HUD's FY2027 Small Area Fair Market Rents for 24586 are $710 (studio), $800 (1 BR), $980 (2 BR), $1,340 (3 BR) and $1,500 (4 BR) a month.

What is the Section 8 payment standard in 24586?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24586 that range is $882 to $1,078 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 24586?

The FY2026 income limits of the Pittsylvania County-Danville city, VA HUD Nonmetro FMR Area area apply: median family income $75,500, low-income (80%) limit $63,900 for a family of four.