Income Limits by County

FY2027 Small Area FMR · Breaks, VA

ZIP 24607 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24607 (Breaks, VA) is $1,050 a month, up 8.2% from FY2026. That is 11% above the Buchanan County, VA area-wide FMR of $943.

2-bedroom SAFMR$1,050per month ▲ 8.2%
Area-wide 2 BR FMR$943Buchanan County, VA
Rank in the area5thof 18 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945
2 BR Small Area FMR$1,050
110% of SAFMR$1,155

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

FY2027 FY2026

Where 24607 sits in the Buchanan County, VA area

$940$1,400median $980

Of the 18 ZIP codes HUD lists for the area, 24607 has the 5th highest two-bedroom Small Area FMR. Buchanan 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 $943 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,050 for this ZIP code instead.

ZIP code 24607 crosses more than one HUD area. HUD also lists it under Dickenson County, VA (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$850$765 – $935$799$790
1 bedroom$900$810 – $990$866$820
2 bedrooms$1,050$945 – $1,155$943$970
3 bedrooms$1,330$1,197 – $1,463$1,306$1,240
4 bedrooms$1,650$1,485 – $1,815$1,506$1,520

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $54,400 and the 80% low-income limit for four people is $63,900. ZIP code 24607 lies mainly in Buchanan County and Dickenson County. See the Buchanan County, VA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
24256Haysi5.5 mi$1,070
24603Big Rock5.7 mi$940
41513Belcher5.9 mi$1,030
41548Mouthcard6.6 mi$1,100
41540Lick Creek8.0 mi$1,100
41566Steele8.3 mi$1,100

Questions

What is the Fair Market Rent for ZIP code 24607?

HUD's FY2027 Small Area Fair Market Rents for 24607 are $850 (studio), $900 (1 BR), $1,050 (2 BR), $1,330 (3 BR) and $1,650 (4 BR) a month.

What is the Section 8 payment standard in 24607?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24607 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 24607?

The FY2026 income limits of the Buchanan County, VA area apply: median family income $54,400, low-income (80%) limit $63,900 for a family of four.