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VA/Orange County/Culpeper

Culpeper, VA

CitySAFMR
Orange County
Found 1 ZIP

City Median Investment Score

68Below average

095130300
BRFMR
Eff. Rent
0 BR$1,280$1,270
1 BR$1,290$1,350
2 BR$1,580$1,520
3 BR$2,160$2,160
4 BR$2,180$2,400
5 BR$2,507Not available
6 BR$2,883Not available
7 BR$3,316Not available
8 BR$3,813Not available

Purchase Price Calculator

Maximum purchase price
$163,955

Cost breakdown

+Likely effective rent$1,520
HUD FMR$1,580
Market rentUsed$1,520
Est. payment standard (98%)$1,540
-Principal and interest-$829
Loan amount$131,164
Down payment$32,791
Rate6.50%
Term30 years
-Operating costs-$491
Property taxes-$164
Insurance-$175
Utilities$0
HOA$0
Management-$152
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,506(74.7% ROI)
Projected value
$176,561
Return breakdown
Property appreciation+$12,607
Loan principal paid down+$4,699
Rental cash flow+$7,200
5-year hold
+$41,925(127.9% ROI)
Projected value
$185,500
Return breakdown
Property appreciation+$21,545
Loan principal paid down+$8,380
Rental cash flow+$12,000
10-year hold
+$89,889(274.1% ROI)
Projected value
$209,876
Return breakdown
Property appreciation+$45,921
Loan principal paid down+$19,968
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.01
1 BR
0.93
2 BR
1.04
3 BR
1.00
4 BR
0.74
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Culpeper, VA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Culpeper, VA is $1,580 a month. That is up 12.9% from $1,400 in FY 2026. Culpeper is in the Orange County, VA non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,262. The median county two-bedroom FMR in Virginia is $1,262, so Culpeper is 25% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Culpeper, VA
BedroomsFY 2027Change90–110% range
Studio$1,280+13.3%$1,152–$1,408
1BR$1,290+12.2%$1,161–$1,419
2BR$1,580+12.9%$1,422–$1,738
3BR$2,160+10.8%$1,944–$2,376
4BR$2,180+10.1%$1,962–$2,398

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Culpeper, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,280$1,290$1,580$2,160$2,180
FY 2026$1,130$1,150$1,400$1,950$1,980
FY 2025$1,130$1,130$1,400$1,860$2,010
FY 2024$950$950$1,240$1,600$1,880
FY 2023$860$870$1,140$1,480$1,850

Questions about Culpeper, VA rents

How much will Section 8 pay for a two-bedroom in Culpeper, VA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,262, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,136 to $1,388 a month; under the ZIP-level Small Area FMR of $1,580 it would be $1,422 to $1,738. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Culpeper, VA in?

Culpeper, VA is in the Orange County, VA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,262.

How much did fair market rent change in Culpeper, VA for FY 2027?

The two-bedroom FMR rose 12.9%, from $1,400 in FY 2026 to $1,580 in FY 2027. Since FY 2023 it has risen 38.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set