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24467

ZIPSAFMR
Augusta County, VA

ZIP Investment Score

64Below average

095130300
BRFMR
Eff. Rent
0 BR$980$1,080
1 BR$990$1,090
2 BR$1,140$1,240
3 BR$1,570$1,410
4 BR$1,750$1,520
5 BR$2,012Not available
6 BR$2,314Not available
7 BR$2,662Not available
8 BR$3,061Not available

Purchase Price Calculator

Maximum purchase price
$122,347

Cost breakdown

+Likely effective rent$1,240
HUD FMR$1,140
Market rent$1,290
Est. payment standard (109%)Used$1,240
-Principal and interest-$619
Loan amount$97,878
Down payment$24,469
Rate6.50%
Term30 years
-Operating costs-$421
Property taxes-$122
Insurance-$175
Utilities$0
HOA$0
Management-$124
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,114(82.2% ROI)
Projected value
$131,754
Return breakdown
Property appreciation+$9,407
Loan principal paid down+$3,507
Rental cash flow+$7,200
5-year hold
+$34,331(140.3% ROI)
Projected value
$138,424
Return breakdown
Property appreciation+$16,077
Loan principal paid down+$6,253
Rental cash flow+$12,000
10-year hold
+$73,168(299.0% ROI)
Projected value
$156,615
Return breakdown
Property appreciation+$34,268
Loan principal paid down+$14,901
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.85
1 BR
0.84
2 BR
0.88
3 BR
1.11
4 BR
1.15
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 24467 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 24467 (Mount Sidney, VA) is $1,140 a month. That is down 2.6% from $1,170 in FY 2026. Mount Sidney is in the Staunton-Stuarts Draft, 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 $1,199. Among 30 ZIP codes in Augusta County, 24467 is tied for the 23rd-highest two-bedroom rent (county range $1,140–$1,800). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 24467 is 10% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 24467
BedroomsFY 2027Change90–110% range
Studio$980−2.0%$882–$1,078
1BR$990−2.0%$891–$1,089
2BR$1,140−2.6%$1,026–$1,254
3BR$1,570−3.1%$1,413–$1,727
4BR$1,750−7.9%$1,575–$1,925

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 24467
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$980$990$1,140$1,570$1,750
FY 2026$1,000$1,010$1,170$1,620$1,900
FY 2025$1,100$1,100$1,290$1,800$2,110
FY 2024$1,010$1,020$1,210$1,680$2,020
FY 2023$860$860$1,050$1,450$1,780

Two-bedroom rent in nearby Augusta County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 24467
24459$1,220+7.0%
24463$1,280+12.3%
24467Current$1,140—
24469$1,280+12.3%
24472$1,1400.0%
24476$1,280+12.3%
24477$1,360+19.3%
24479$1,220+7.0%
24482$1,290+13.2%
24483$1,650+44.7%
24485$1,280+12.3%
24486$1,190+4.4%

Questions about ZIP 24467 rents

How much will Section 8 pay for a two-bedroom in ZIP 24467?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,199, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,079 to $1,319 a month; under the ZIP-level Small Area FMR of $1,140 it would be $1,026 to $1,254. 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 24467 in?

ZIP 24467 is in the Staunton-Stuarts Draft, VA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,199.

How much did fair market rent change in ZIP 24467 for FY 2027?

The two-bedroom FMR fell 2.6%, from $1,170 in FY 2026 to $1,140 in FY 2027. Since FY 2023 it has risen 8.6%.

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