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22936

ZIPSAFMR
Greene County, VA

ZIP Investment Score

55Below average

095130300
BRFMR
Eff. Rent
0 BR$1,380$1,520
1 BR$1,590$1,750
2 BR$1,780$1,960
3 BR$2,160$2,380
4 BR$2,660$2,780
5 BR$3,059Not available
6 BR$3,518Not available
7 BR$4,046Not available
8 BR$4,652Not available

Purchase Price Calculator

Maximum purchase price
$229,339

Cost breakdown

+Likely effective rent$1,960
HUD FMR$1,780
Market rent$2,180
Est. payment standard (110%)Used$1,960
-Principal and interest-$1,160
Loan amount$183,471
Down payment$45,868
Rate6.50%
Term30 years
-Operating costs-$600
Property taxes-$229
Insurance-$175
Utilities$0
HOA$0
Management-$196
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,407(68.5% ROI)
Projected value
$246,973
Return breakdown
Property appreciation+$17,634
Loan principal paid down+$6,573
Rental cash flow+$7,200
5-year hold
+$53,859(117.4% ROI)
Projected value
$259,476
Return breakdown
Property appreciation+$30,137
Loan principal paid down+$11,722
Rental cash flow+$12,000
10-year hold
+$116,166(253.3% ROI)
Projected value
$293,573
Return breakdown
Property appreciation+$64,234
Loan principal paid down+$27,931
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.66
1 BR
0.86
2 BR
0.82
3 BR
0.86
4 BR
0.94
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 22936 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 22936 (Earlysville, VA) is $1,780 a month. That is down 9.6% from $1,970 in FY 2026. Earlysville is in the Charlottesville, VA MSA. 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 metro-wide two-bedroom FMR of $1,642. Among 7 ZIP codes in Greene County, 22936 has the 2nd-highest two-bedroom rent (county range $1,650–$1,790). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 22936 is 41% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 22936
BedroomsFY 2027Change90–110% range
Studio$1,380−9.8%$1,242–$1,518
1BR$1,590−8.1%$1,431–$1,749
2BR$1,780−9.6%$1,602–$1,958
3BR$2,160−10.0%$1,944–$2,376
4BR$2,660−9.8%$2,394–$2,926

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 22936
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,380$1,590$1,780$2,160$2,660
FY 2026$1,530$1,730$1,970$2,400$2,950
FY 2025$1,590$1,690$1,960$2,440$2,970
FY 2024$1,540$1,570$1,860$2,340$2,890
FY 2023$1,220$1,230$1,470$1,830$2,270

Two-bedroom rent in nearby Greene County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 22936
22923$1,760−1.1%
22935$1,650−7.3%
22936Current$1,780—
22940$1,790+0.6%
22965$1,650−7.3%
22968$1,650−7.3%
22973$1,650−7.3%

Questions about ZIP 22936 rents

How much will Section 8 pay for a two-bedroom in ZIP 22936?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,642, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,478 to $1,806 a month; under the ZIP-level Small Area FMR of $1,780 it would be $1,602 to $1,958. 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 22936 in?

ZIP 22936 is in the Charlottesville, VA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,642.

How much did fair market rent change in ZIP 22936 for FY 2027?

The two-bedroom FMR fell 9.6%, from $1,970 in FY 2026 to $1,780 in FY 2027. Since FY 2023 it has risen 21.1%.

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