FMR is below market; voucher rent may lag private rents.
0.76
1 BR
1 BR
0.74ratio
FMR$930
Market$1,250
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR
0.73ratio
FMR$1,070
Market$1,460
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR
0.89ratio
FMR$1,480
Market$1,670
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.89
4 BR
4 BR
0.84ratio
FMR$1,580
Market$1,880
vs market-$300
FMR is below market; voucher rent may lag private rents.
0.84
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
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ZIP 24576 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 24576 (Naruna, VA) is $1,070 a month. That is down 0.9% from $1,080 in FY 2026. Naruna 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, 24576 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 24576 is 15% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 24576
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 24576
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
$900
$910
$1,030
$1,410
$1,530
FY 2024
$830
$850
$960
$1,310
$1,430
FY 2023
$730
$740
$840
$1,140
$1,260
Two-bedroom rent in nearby Campbell County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 24576?
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 24576 in?
ZIP 24576 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 24576 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 27.4%.
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