Skip to main content
Loading page
Orange County/Burr Hill/22433

22433

ZIPSAFMR
Orange County, VA
Zillow

ZIP Investment Score

99Above average

095130300
BRFMR
Eff. Rent
0 BR$1,360$1,360
1 BR$1,370$1,370
2 BR$1,660$1,660
3 BR$2,280$2,280
4 BR$2,430$2,430
5 BR$2,795Not available
6 BR$3,214Not available
7 BR$3,696Not available
8 BR$4,250Not available

Purchase Price Calculator

Maximum purchase price
$184,759

Cost breakdown

+Likely effective rent$1,660
HUD FMRUsed$1,660
Market rentN/A
Est. payment standardN/A
-Principal and interest-$934
Loan amount$147,807
Down payment$36,952
Rate6.50%
Term30 years
-Operating costs-$526
Property taxes-$185
Insurance-$175
Utilities$0
HOA$0
Management-$166
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,702(72.3% ROI)
Projected value
$198,965
Return breakdown
Property appreciation+$14,206
Loan principal paid down+$5,296
Rental cash flow+$7,200
5-year hold
+$45,722(123.7% ROI)
Projected value
$209,038
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$9,443
Rental cash flow+$12,000
10-year hold
+$98,250(265.9% ROI)
Projected value
$236,507
Return breakdown
Property appreciation+$51,748
Loan principal paid down+$22,502
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

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
--

ZIP 22433 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 22433 (Burr Hill, VA) is $1,660 a month. That is up 9.9% from $1,510 in FY 2026. Burr Hill 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. Among 13 ZIP codes in Orange County, 22433 has the 5th-highest two-bedroom rent (county range $1,190–$1,890). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 22433 is 32% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 22433
BedroomsFY 2027Change90–110% range
Studio$1,360+10.6%$1,224–$1,496
1BR$1,370+10.5%$1,233–$1,507
2BR$1,660+9.9%$1,494–$1,826
3BR$2,280+9.1%$2,052–$2,508
4BR$2,430+9.0%$2,187–$2,673

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 22433
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,360$1,370$1,660$2,280$2,430
FY 2026$1,230$1,240$1,510$2,090$2,230
FY 2025$1,170$1,170$1,450$1,960$2,160
FY 2024area FMR$949$955$1,187$1,584$1,852
FY 2023area FMR$782$830$1,054$1,394$1,616

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Orange County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 22433
22433Current$1,660—
22508$1,730+4.2%
22542$1,890+13.9%
22551$1,680+1.2%
22567$1,570−5.4%
22701$1,580−4.8%
22733$1,430−13.9%
22923$1,760+6.0%
22942$1,650−0.6%
22957$1,260−24.1%
22960$1,190−28.3%
22968$1,650−0.6%

Questions about ZIP 22433 rents

How much will Section 8 pay for a two-bedroom in ZIP 22433?

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 $1,660 it would be $1,494 to $1,826. 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 ZIP 22433 in?

ZIP 22433 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 ZIP 22433 for FY 2027?

The two-bedroom FMR rose 9.9%, from $1,510 in FY 2026 to $1,660 in FY 2027. Since FY 2025 it has risen 14.5%.

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

County fair market rentBurr Hill, VA fair market rentVA statewide rentsWhat is SAFMR?Data sources