24571

ZIPSAFMR

Campbell County, VA

ZIP Investment Score

46Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$930	$790	6.0%
1 BR	$930	$870	5.1%
2 BR	$1,070	$890	5.5%
3 BR	$1,480	$940	6.1%
4 BR	$1,580	$910	5.4%
5 BR	$1,817	Not available	5.4%
6 BR	$2,090	Not available	5.4%
7 BR	$2,403	Not available	5.4%
8 BR	$2,763	Not available	5.4%

Purchase Price Calculator

Maximum purchase price

$70,337

Cost breakdown

+Likely effective rent$890

HUD FMR$1,070

Market rentUsed$890

Est. payment standard (90%)$960

-Principal and interest-$356

Loan amount$56,270

Down payment$14,067

Rate6.50%

Term30 years

-Operating costs-$334

Property taxes-$70

Insurance-$175

Utilities$0

HOA$0

Management-$89

=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

+$14,624(104.0% ROI)

Projected value

$75,745

Return breakdown

Property appreciation+$5,408

Loan principal paid down+$2,016

Rental cash flow+$7,200

5-year hold

+$24,838(176.6% ROI)

Projected value

$79,580

Return breakdown

Property appreciation+$9,243

Loan principal paid down+$3,595

Rental cash flow+$12,000

10-year hold

+$52,267(371.5% ROI)

Projected value

$90,037

Return breakdown

Property appreciation+$19,700

Loan principal paid down+$8,566

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.18ratio

FMR$930

Market$790

vs market+$140

FMR is above market; underwrite to market rent.

1.18

1 BR

1.07ratio

FMR$930

Market$870

vs market+$60

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

1.07

2 BR

1.20ratio

FMR$1,070

Market$890

vs market+$180

FMR is above market; underwrite to market rent.

1.20

3 BR

1.57ratio

FMR$1,480

Market$940

vs market+$540

FMR is above market; underwrite to market rent.

1.57

4 BR

1.74ratio

FMR$1,580

Market$910

vs market+$670

FMR is above market; underwrite to market rent.

1.74

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 24571 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 24571 (Lynch Station, VA) is $1,070 a month. That is down 0.9% from $1,080 in FY 2026. Lynch Station is in the Lynchburg, 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 $1,117. Among 16 ZIP codes in Campbell County, 24571 is tied for the 7th-highest two-bedroom rent (county range $1,070–$1,390). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 24571 is 15% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 24571
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$940	$930	−1.1%	$837–$1,023
1BR	$960	$930	−3.1%	$837–$1,023
2BR	$1,080	$1,070	−0.9%	$963–$1,177
3BR	$1,490	$1,480	−0.7%	$1,332–$1,628
4BR	$1,610	$1,580	−1.9%	$1,422–$1,738

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 24571
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$930	$930	$1,070	$1,480	$1,580
FY 2026	$940	$960	$1,080	$1,490	$1,610
FY 2025	$860	$870	$990	$1,350	$1,470
FY 2024	$780	$800	$910	$1,240	$1,350
FY 2023	$690	$700	$790	$1,080	$1,190

Two-bedroom rent in nearby Campbell County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 24571
24517	$1,070	0.0%
24522	$1,070	0.0%
24528	$1,070	0.0%
24538	$1,070	0.0%
24550	$1,070	0.0%
24551	$1,270	+18.7%
24554	$1,120	+4.7%
24569	$1,070	0.0%
24571Current	$1,070	—
24576	$1,070	0.0%
24588	$1,070	0.0%
24593	$1,100	+2.8%

Questions about ZIP 24571 rents

How much will Section 8 pay for a two-bedroom in ZIP 24571?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,117, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,005 to $1,229 a month; under the ZIP-level Small Area FMR of $1,070 it would be $963 to $1,177. 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 24571 in?

ZIP 24571 is in the Lynchburg, VA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,117.

How much did fair market rent change in ZIP 24571 for FY 2027?

The two-bedroom FMR fell 0.9%, from $1,080 in FY 2026 to $1,070 in FY 2027. Since FY 2023 it has risen 35.4%.

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