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Fauquier County/Hume/22639

22639

ZIPSAFMR
Fauquier County, VA
Zillow

ZIP Investment Score

41Below average

095130300
BRFMR
Eff. Rent
0 BR$1,590$1,590
1 BR$1,660$1,660
2 BR$1,900$1,900
3 BR$2,390$2,390
4 BR$2,890$2,890
5 BR$3,323Not available
6 BR$3,822Not available
7 BR$4,395Not available
8 BR$5,055Not available

Purchase Price Calculator

Maximum purchase price
$220,423

Cost breakdown

+Likely effective rent$1,900
HUD FMRUsed$1,900
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,115
Loan amount$176,338
Down payment$44,085
Rate6.50%
Term30 years
-Operating costs-$585
Property taxes-$220
Insurance-$175
Utilities$0
HOA$0
Management-$190
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,466(69.1% ROI)
Projected value
$237,371
Return breakdown
Property appreciation+$16,948
Loan principal paid down+$6,318
Rental cash flow+$7,200
5-year hold
+$52,232(118.5% ROI)
Projected value
$249,388
Return breakdown
Property appreciation+$28,965
Loan principal paid down+$11,266
Rental cash flow+$12,000
10-year hold
+$112,583(255.4% ROI)
Projected value
$282,160
Return breakdown
Property appreciation+$61,737
Loan principal paid down+$26,846
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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ZIP 22639 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 22639 (Hume, VA) is $1,900 a month. That is up 9.8% from $1,730 in FY 2026. Hume 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, 22639 is tied for the 12th-highest two-bedroom rent (county range $1,310–$3,310). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 22639 is 51% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 22639
BedroomsFY 2027Change90–110% range
Studio$1,590+9.7%$1,431–$1,749
1BR$1,660+10.7%$1,494–$1,826
2BR$1,900+9.8%$1,710–$2,090
3BR$2,390+9.6%$2,151–$2,629
4BR$2,890+4.7%$2,601–$3,179

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 22639
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,590$1,660$1,900$2,390$2,890
FY 2026$1,450$1,500$1,730$2,180$2,760
FY 2025$1,430$1,460$1,700$2,140$2,710
FY 2024$1,440$1,470$1,670$2,080$2,490
FY 2023$1,600$1,630$1,850$2,310$2,760

Two-bedroom rent in nearby Fauquier County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 22639
20188$1,9000.0%
20198$2,320+22.1%
22406$2,320+22.1%
22556$2,220+16.8%
22639Current$1,900—
22642$1,910+0.5%
22643$1,9000.0%
22712$1,640−13.7%
22720$1,790−5.8%
22728$1,310−31.1%
22734$1,880−1.1%
22742$1,840−3.2%

Questions about ZIP 22639 rents

How much will Section 8 pay for a two-bedroom in ZIP 22639?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,900, that basic range is $1,710 to $2,090 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 22639 in?

ZIP 22639 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 22639 for FY 2027?

The two-bedroom FMR rose 9.8%, from $1,730 in FY 2026 to $1,900 in FY 2027. Since FY 2023 it has risen 2.7%.

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 rentHume, VA fair market rentVA statewide rentsWhat is SAFMR?Data sources