FY2027 Small Area FMR · Sweet Briar, VA

ZIP 24595 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24595 (Sweet Briar, VA) is $1,070 a month, down 0.9% from FY2026. That is 4% below the Lynchburg, VA area-wide FMR of $1,117.

2-bedroom SAFMR$1,070per month ▼ 0.9%

Area-wide 2 BR FMR$1,117Lynchburg, VA

Rank in the area27thof 46 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$930▼ 1.1%

1 BR$930▼ 3.1%

2 BR$1,070▼ 0.9%

3 BR$1,480▼ 0.7%

4 BR$1,580▼ 1.9%

FY2027 FY2026

Where 24595 sits in the Lynchburg, VA area

Of the 46 ZIP codes HUD lists for the area, 24595 has the 27th highest two-bedroom Small Area FMR. Lynchburg, 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 $1,117 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 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	$930	$837 – $1,023	$965	$940
1 bedroom	$930	$837 – $1,023	$971	$960
2 bedrooms	$1,070	$963 – $1,177	$1,117	$1,080
3 bedrooms	$1,480	$1,332 – $1,628	$1,547	$1,490
4 bedrooms	$1,580	$1,422 – $1,738	$1,678	$1,610

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $88,300 and the 80% low-income limit for four people is $70,650. ZIP code 24595 lies mainly in Amherst County. See the Lynchburg, VA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
24521	Amherst	5.1 mi	$1,650
24572	Madison Heights	6.7 mi	$1,070
24574	Monroe	9.5 mi	$1,080
24503	Lynchburg	11.9 mi	$1,070
22964	Piney River	11.9 mi	$1,650
24515	Lynchburg	12.3 mi	$1,390

Questions

What is the Fair Market Rent for ZIP code 24595?

HUD's FY2027 Small Area Fair Market Rents for 24595 are $930 (studio), $930 (1 BR), $1,070 (2 BR), $1,480 (3 BR) and $1,580 (4 BR) a month.

What is the Section 8 payment standard in 24595?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24595 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 24595?

The FY2026 income limits of the Lynchburg, VA area apply: median family income $88,300, low-income (80%) limit $70,650 for a family of four.