Fauquier County/Stafford/22556

22556

ZIPSAFMR

Fauquier County, VA

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ZIP Investment Score

108Above average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,920	$1,700	5.4%
1 BR	$2,010	$1,680	6.4%
2 BR	$2,220	$2,220	5.5%
3 BR	$2,830	$2,680	6.4%
4 BR	$3,330	$3,110	6.1%
5 BR	$3,829	Not available	6.1%
6 BR	$4,404	Not available	6.1%
7 BR	$5,065	Not available	6.1%
8 BR	$5,824	Not available	6.1%

Purchase Price Calculator

Maximum purchase price

$267,975

Cost breakdown

+Likely effective rent$2,220

HUD FMR$2,220

Market rent$2,220

Est. payment standard (100%)Used$2,220

-Principal and interest-$1,355

Loan amount$214,380

Down payment$53,595

Rate6.50%

Term30 years

-Operating costs-$665

Property taxes-$268

Insurance-$175

Utilities$0

HOA$0

Management-$222

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$35,485(66.2% ROI)

Projected value

$288,579

Return breakdown

Property appreciation+$20,605

Loan principal paid down+$7,681

Rental cash flow+$7,200

5-year hold

+$60,911(113.7% ROI)

Projected value

$303,189

Return breakdown

Property appreciation+$35,214

Loan principal paid down+$13,697

Rental cash flow+$12,000

10-year hold

+$131,692(245.7% ROI)

Projected value

$343,030

Return breakdown

Property appreciation+$75,056

Loan principal paid down+$32,637

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.13ratio

FMR$1,920

Market$1,700

vs market+$220

FMR is above market; underwrite to market rent.

1.13

1 BR

1.20ratio

FMR$2,010

Market$1,680

vs market+$330

FMR is above market; underwrite to market rent.

1.20

2 BR

1.00ratio

FMR$2,220

Market$2,220

vs market+$0

FMR is near market; voucher and private rents are aligned.

1.00

3 BR

1.06ratio

FMR$2,830

Market$2,680

vs market+$150

FMR is near market; voucher and private rents are aligned.

1.06

4 BR

1.07ratio

FMR$3,330

Market$3,110

vs market+$220

FMR is near market; voucher and private rents are aligned.

1.07

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 22556 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 22556 (Stafford, VA) is $2,220 a month. That is up 9.4% from $2,030 in FY 2026. Stafford is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 26 ZIP codes in Fauquier County, 22556 has the 7th-highest two-bedroom rent (county range $1,310–$3,310). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 22556 is 76% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 22556
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,770	$1,920	+8.5%	$1,728–$2,112
1BR	$1,820	$2,010	+10.4%	$1,809–$2,211
2BR	$2,030	$2,220	+9.4%	$1,998–$2,442
3BR	$2,560	$2,830	+10.5%	$2,547–$3,113
4BR	$3,010	$3,330	+10.6%	$2,997–$3,663

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 22556
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,920	$2,010	$2,220	$2,830	$3,330
FY 2026	$1,770	$1,820	$2,030	$2,560	$3,010
FY 2025	$1,820	$1,860	$2,090	$2,610	$3,080
FY 2024	$1,640	$1,670	$1,890	$2,350	$2,790
FY 2023	$1,530	$1,560	$1,770	$2,210	$2,640

Two-bedroom rent in nearby Fauquier County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 22556
20188	$1,900	−14.4%
20198	$2,320	+4.5%
22406	$2,320	+4.5%
22556Current	$2,220	—
22639	$1,900	−14.4%
22642	$1,910	−14.0%
22643	$1,900	−14.4%
22712	$1,640	−26.1%
22720	$1,790	−19.4%
22728	$1,310	−41.0%
22734	$1,880	−15.3%
22742	$1,840	−17.1%

Questions about ZIP 22556 rents

How much will Section 8 pay for a two-bedroom in ZIP 22556?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,220, that basic range is $1,998 to $2,442 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 ZIP 22556 in?

ZIP 22556 is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 22556 for FY 2027?

The two-bedroom FMR rose 9.4%, from $2,030 in FY 2026 to $2,220 in FY 2027. Since FY 2023 it has risen 25.4%.

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 rent Stafford, VA fair market rent VA statewide rents What is SAFMR?Data sources