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Vinton, VA

CitySAFMR
Roanoke City
Found 1 ZIP

City Median Investment Score

78Below average

095130300
BRFMR
Eff. Rent
0 BR$1,020$980
1 BR$1,060$1,150
2 BR$1,240$1,290
3 BR$1,710$1,660
4 BR$2,020$2,030
5 BR$2,323Not available
6 BR$2,671Not available
7 BR$3,072Not available
8 BR$3,533Not available

Purchase Price Calculator

Maximum purchase price
$129,777

Cost breakdown

+Likely effective rent$1,290
HUD FMR$1,240
Market rent$1,320
Est. payment standard (104%)Used$1,290
-Principal and interest-$656
Loan amount$103,822
Down payment$25,955
Rate6.50%
Term30 years
-Operating costs-$434
Property taxes-$130
Insurance-$175
Utilities$0
HOA$0
Management-$129
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,898(80.5% ROI)
Projected value
$139,756
Return breakdown
Property appreciation+$9,979
Loan principal paid down+$3,720
Rental cash flow+$7,200
5-year hold
+$35,687(137.5% ROI)
Projected value
$146,831
Return breakdown
Property appreciation+$17,054
Loan principal paid down+$6,633
Rental cash flow+$12,000
10-year hold
+$76,154(293.4% ROI)
Projected value
$166,126
Return breakdown
Property appreciation+$36,349
Loan principal paid down+$15,806
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.04
1 BR
0.88
2 BR
0.94
3 BR
1.03
4 BR
1.00
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Vinton, VA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Vinton, VA is $1,240 a month. That is up 8.8% from $1,140 in FY 2026. Vinton is in the Roanoke, VA HUD Metro 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 metro-wide two-bedroom FMR of $1,464. The median county two-bedroom FMR in Virginia is $1,262, so Vinton is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Vinton, VA
BedroomsFY 2027Change90–110% range
Studio$1,020+8.5%$918–$1,122
1BR$1,060+10.4%$954–$1,166
2BR$1,240+8.8%$1,116–$1,364
3BR$1,710+8.2%$1,539–$1,881
4BR$2,020+9.8%$1,818–$2,222

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Vinton, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,020$1,060$1,240$1,710$2,020
FY 2026$940$960$1,140$1,580$1,840
FY 2025$860$900$1,060$1,480$1,710
FY 2024$780$840$1,000$1,390$1,590
FY 2023$690$740$900$1,230$1,380

Questions about Vinton, VA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,464, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,318 to $1,610 a month; under the ZIP-level Small Area FMR of $1,240 it would be $1,116 to $1,364. 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 Vinton, VA in?

Vinton, VA is in the Roanoke, VA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,464.

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

The two-bedroom FMR rose 8.8%, from $1,140 in FY 2026 to $1,240 in FY 2027. Since FY 2023 it has risen 37.8%.

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