Income Limits by County

FY2027 Small Area FMR · Ronceverte, WV

ZIP 24970 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 24970 (Ronceverte, WV) is $1,010 a month, up 6.3% from FY2026. That is 2% above the Greenbrier County, WV area-wide FMR of $991.

2-bedroom SAFMR$1,010per month ▲ 6.3%
Area-wide 2 BR FMR$991Greenbrier County, WV
Rank in the area3rdof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909
2 BR Small Area FMR$1,010
110% of SAFMR$1,111

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

FY2027 FY2026

Where 24970 sits in the Greenbrier County, WV area

$940$1,070median $980

Of the 23 ZIP codes HUD lists for the area, 24970 has the 3rd 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 $1,010 for this ZIP code instead.

ZIP code 24970 crosses more than one HUD area. HUD also lists it under Monroe 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$820$738 – $902$806$730
1 bedroom$830$747 – $913$811$760
2 bedrooms$1,010$909 – $1,111$991$950
3 bedrooms$1,250$1,125 – $1,375$1,229$1,210
4 bedrooms$1,360$1,224 – $1,496$1,337$1,270

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 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 24970 lies mainly in Greenbrier County and Monroe County. See the Greenbrier County, WV county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
24976Sinks Grove5.3 mi$970
24925Caldwell5.5 mi$980
24974Secondcreek6.1 mi$950
24901Lewisburg8.9 mi$1,070
24916Asbury9.1 mi$980
24910Alderson9.6 mi$940

Questions

What is the Fair Market Rent for ZIP code 24970?

HUD's FY2027 Small Area Fair Market Rents for 24970 are $820 (studio), $830 (1 BR), $1,010 (2 BR), $1,250 (3 BR) and $1,360 (4 BR) a month.

What is the Section 8 payment standard in 24970?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 24970 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 24970?

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.