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VA/Augusta County/West Augusta

West Augusta, VA

CitySAFMR
Augusta County
Found 1 ZIP

City Median Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$1,110$1,110
1 BR$1,120$1,120
2 BR$1,280$1,280
3 BR$1,740$1,740
4 BR$1,920$1,920
5 BR$2,208Not available
6 BR$2,539Not available
7 BR$2,920Not available
8 BR$3,358Not available

Purchase Price Calculator

Maximum purchase price
$128,291

Cost breakdown

+Likely effective rent$1,280
HUD FMRUsed$1,280
Market rentN/A
Est. payment standardN/A
-Principal and interest-$649
Loan amount$102,633
Down payment$25,658
Rate6.50%
Term30 years
-Operating costs-$431
Property taxes-$128
Insurance-$175
Utilities$0
HOA$0
Management-$128
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,741(80.8% ROI)
Projected value
$138,155
Return breakdown
Property appreciation+$9,864
Loan principal paid down+$3,677
Rental cash flow+$7,200
5-year hold
+$35,416(138.0% ROI)
Projected value
$145,149
Return breakdown
Property appreciation+$16,858
Loan principal paid down+$6,557
Rental cash flow+$12,000
10-year hold
+$75,557(294.5% ROI)
Projected value
$164,223
Return breakdown
Property appreciation+$35,932
Loan principal paid down+$15,625
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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West Augusta, VA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in West Augusta, VA is $1,280 a month. That is down 3.8% from $1,330 in FY 2026. West Augusta is in the Staunton-Stuarts Draft, VA MSA. 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 $1,199. The median county two-bedroom FMR in Virginia is $1,262, so West Augusta is 1% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for West Augusta, VA
BedroomsFY 2027Change90–110% range
Studio$1,110−3.5%$999–$1,221
1BR$1,120−2.6%$1,008–$1,232
2BR$1,280−3.8%$1,152–$1,408
3BR$1,740−4.9%$1,566–$1,914
4BR$1,920−6.3%$1,728–$2,112

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for West Augusta, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,110$1,120$1,280$1,740$1,920
FY 2026$1,150$1,150$1,330$1,830$2,050
FY 2025$1,170$1,180$1,360$1,910$2,220
FY 2024$1,030$1,040$1,210$1,700$2,020
FY 2023$860$860$1,030$1,440$1,750

Questions about West Augusta, VA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,199, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,079 to $1,319 a month; under the ZIP-level Small Area FMR of $1,280 it would be $1,152 to $1,408. 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 West Augusta, VA in?

West Augusta, VA is in the Staunton-Stuarts Draft, VA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,199.

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

The two-bedroom FMR fell 3.8%, from $1,330 in FY 2026 to $1,280 in FY 2027. Since FY 2023 it has risen 24.3%.

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