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VA/Albemarle County/White Hall

White Hall, VA

CityFMR
Albemarle County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,279$1,279
1 BR$1,442$1,442
2 BR$1,642$1,642
3 BR$1,997$1,997
4 BR$2,458$2,458
5 BR$2,827Not available
6 BR$3,251Not available
7 BR$3,738Not available
8 BR$4,299Not available

Purchase Price Calculator

Maximum purchase price
$182,084

Cost breakdown

+Likely effective rent$1,642
HUD FMRUsed$1,642
Market rentN/A
Est. payment standardN/A
-Principal and interest-$921
Loan amount$145,667
Down payment$36,417
Rate6.50%
Term30 years
-Operating costs-$521
Property taxes-$182
Insurance-$175
Utilities$0
HOA$0
Management-$164
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,419(72.5% ROI)
Projected value
$196,085
Return breakdown
Property appreciation+$14,001
Loan principal paid down+$5,219
Rental cash flow+$7,200
5-year hold
+$45,234(124.2% ROI)
Projected value
$206,011
Return breakdown
Property appreciation+$23,927
Loan principal paid down+$9,307
Rental cash flow+$12,000
10-year hold
+$97,175(266.8% ROI)
Projected value
$233,083
Return breakdown
Property appreciation+$50,999
Loan principal paid down+$22,176
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
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Tax rate
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Mortgage rate
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White Hall, VA fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in White Hall, VA is $1,642 a month. That is down 10.0% from $1,824 in FY 2026. White Hall is in the Charlottesville, VA MSA. The median county two-bedroom FMR in Virginia is $1,262, so White Hall is 30% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for White Hall, VA
BedroomsFY 2027Change90–110% range
Studio$1,279−10.0%$1,151–$1,407
1BR$1,442−10.0%$1,298–$1,586
2BR$1,642−10.0%$1,478–$1,806
3BR$1,997−10.0%$1,797–$2,197
4BR$2,458−10.0%$2,212–$2,704

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for White Hall, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,279$1,442$1,642$1,997$2,458
FY 2026$1,421$1,602$1,824$2,218$2,731
FY 2025$1,404$1,487$1,729$2,155$2,621
FY 2024$1,392$1,415$1,678$2,114$2,608
FY 2023$1,165$1,172$1,401$1,742$2,159

Questions about White Hall, VA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,642, that basic range is $1,478 to $1,806 a month. 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 White Hall, VA in?

White Hall, VA is in the Charlottesville, VA MSA. Small Area FMRs are not mandatory in this area.

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

The two-bedroom FMR fell 10.0%, from $1,824 in FY 2026 to $1,642 in FY 2027. Since FY 2023 it has risen 17.2%.

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 Fair Market Rents. 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