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22485

ZIPSAFMR
Westmoreland County, VA

ZIP Investment Score

63Below average

095130300
BRFMR
Eff. Rent
0 BR$1,140$1,240
1 BR$1,210$1,330
2 BR$1,450$1,600
3 BR$2,010$2,050
4 BR$2,420$2,450
5 BR$2,783Not available
6 BR$3,200Not available
7 BR$3,681Not available
8 BR$4,233Not available

Purchase Price Calculator

Maximum purchase price
$175,843

Cost breakdown

+Likely effective rent$1,600
HUD FMR$1,450
Market rent$1,710
Est. payment standard (110%)Used$1,600
-Principal and interest-$889
Loan amount$140,674
Down payment$35,169
Rate6.50%
Term30 years
-Operating costs-$511
Property taxes-$176
Insurance-$175
Utilities$0
HOA$0
Management-$160
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,761(73.2% ROI)
Projected value
$189,364
Return breakdown
Property appreciation+$13,521
Loan principal paid down+$5,040
Rental cash flow+$7,200
5-year hold
+$44,095(125.4% ROI)
Projected value
$198,950
Return breakdown
Property appreciation+$23,107
Loan principal paid down+$8,988
Rental cash flow+$12,000
10-year hold
+$94,667(269.2% ROI)
Projected value
$225,094
Return breakdown
Property appreciation+$49,251
Loan principal paid down+$21,416
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.88
1 BR
0.83
2 BR
0.85
3 BR
0.97
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 22485 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 22485 (King George, VA) is $1,450 a month. That is up 3.6% from $1,400 in FY 2026. King George is in the Westmoreland 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 $1,245. Among 13 ZIP codes in Westmoreland County, 22485 has the 2nd-highest two-bedroom rent (county range $1,080–$1,480). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 22485 is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 22485
BedroomsFY 2027Change90–110% range
Studio$1,140+0.9%$1,026–$1,254
1BR$1,210+5.2%$1,089–$1,331
2BR$1,450+3.6%$1,305–$1,595
3BR$2,010+3.1%$1,809–$2,211
4BR$2,420+3.0%$2,178–$2,662

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 22485
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,140$1,210$1,450$2,010$2,420
FY 2026$1,130$1,150$1,400$1,950$2,350
FY 2025$1,030$1,030$1,280$1,790$2,150
FY 2024area FMR$892$897$1,113$1,568$1,798
FY 2023area FMR$719$737$970$1,379$1,623

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

Two-bedroom rent in nearby Westmoreland County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 22485
22435$1,180−18.6%
22442$1,250−13.8%
22443$1,480+2.1%
22469$1,260−13.1%
22485Current$1,450—
22488$1,080−25.5%
22520$1,140−21.4%
22524$1,250−13.8%
22529$1,200−17.2%
22558$1,250−13.8%
22572$1,140−21.4%
22577$1,250−13.8%

Questions about ZIP 22485 rents

How much will Section 8 pay for a two-bedroom in ZIP 22485?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,245, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,121 to $1,370 a month; under the ZIP-level Small Area FMR of $1,450 it would be $1,305 to $1,595. 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 22485 in?

ZIP 22485 is in the Westmoreland County, VA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,245.

How much did fair market rent change in ZIP 22485 for FY 2027?

The two-bedroom FMR rose 3.6%, from $1,400 in FY 2026 to $1,450 in FY 2027. Since FY 2025 it has risen 13.3%.

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