Income Limits by County

FY2027 Small Area FMR · Grassy Meadows, WV

ZIP 24943 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24943 (Grassy Meadows, WV) is $940 a month, up 8.0% from FY2026. That is 5% below the Greenbrier County, WV area-wide FMR of $991.

2-bedroom SAFMR$940per month ▲ 8.0%
Area-wide 2 BR FMR$991Greenbrier County, WV
Rank in the area15thof 23 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.

FY2027 FY2026

Where 24943 sits in the Greenbrier County, WV area

$940$1,070median $980

Of the 23 ZIP codes HUD lists for the area, 24943 has the 15th highest two-bedroom Small Area FMR. Greenbrier County, WV 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 $991 for two bedrooms; an agency that opts in to Small Area FMRs would use $940 for this ZIP code instead.

ZIP code 24943 crosses more than one HUD area. HUD also lists it under Summers County, WV (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$730$657 – $803$806$660
1 bedroom$760$684 – $836$811$690
2 bedrooms$940$846 – $1,034$991$870
3 bedrooms$1,240$1,116 – $1,364$1,229$1,140
4 bedrooms$1,360$1,224 – $1,496$1,337$1,240

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 $70,600 and the 80% low-income limit for four people is $60,100. ZIP code 24943 lies mainly in Greenbrier County. See the Greenbrier County, WV county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
24977Smoot5.3 mi$990
25986Spring Dale5.8 mi$940
25985Sandstone5.9 mi$940
24910Alderson6.6 mi$940
25976Meadow Bridge6.8 mi$940
24916Asbury7.6 mi$980

Questions

What is the Fair Market Rent for ZIP code 24943?

HUD's FY2027 Small Area Fair Market Rents for 24943 are $730 (studio), $760 (1 BR), $940 (2 BR), $1,240 (3 BR) and $1,360 (4 BR) a month.

What is the Section 8 payment standard in 24943?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24943 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 24943?

The FY2026 income limits of the Greenbrier County, WV area apply: median family income $70,600, low-income (80%) limit $60,100 for a family of four.