FY2027 Small Area FMR · Gerrardstown, WV
ZIP 25420 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 25420 (Gerrardstown, WV) is $1,340 a month, down 1.5% from FY2026. That is 10% above the Martinsburg, WV area-wide FMR of $1,215.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 25420 sits in the Martinsburg, WV area
Of the 14 ZIP codes HUD lists for the area, 25420 has the 4th highest two-bedroom Small Area FMR. Martinsburg, 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 $1,215 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,340 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $970 | $873 – $1,067 | $884 | $950 |
| 1 bedroom | $1,060 | $954 – $1,166 | $949 | $1,070 |
| 2 bedrooms | $1,340 | $1,206 – $1,474 | $1,215 | $1,360 |
| 3 bedrooms | $1,810 | $1,629 – $1,991 | $1,682 | $1,830 |
| 4 bedrooms | $2,150 | $1,935 – $2,365 | $1,913 | $2,180 |
A household renting a two-bedroom home at the Small Area FMR of $1,340 needs about $53,600 a year to keep housing costs at 30% of income. The area median family income is $96,400 and the 80% low-income limit for four people is $77,100. ZIP code 25420 lies mainly in Berkeley County. See the Martinsburg, WV county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 25420?
HUD's FY2027 Small Area Fair Market Rents for 25420 are $970 (studio), $1,060 (1 BR), $1,340 (2 BR), $1,810 (3 BR) and $2,150 (4 BR) a month.
What is the Section 8 payment standard in 25420?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 25420 that range is $1,206 to $1,474 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 25420?
The FY2026 income limits of the Martinsburg, WV area apply: median family income $96,400, low-income (80%) limit $77,100 for a family of four.