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Greenbrier County/Maxwelton/24957

24957

ZIPSAFMR
Greenbrier County, WV
Zillow

ZIP Investment Score

58Below average

095130300
BRFMR
Eff. Rent
0 BR$870$960
1 BR$880$970
2 BR$1,070$1,170
3 BR$1,330$1,260
4 BR$1,440$1,300
5 BR$1,656Not available
6 BR$1,904Not available
7 BR$2,190Not available
8 BR$2,519Not available

Purchase Price Calculator

Maximum purchase price
$111,945

Cost breakdown

+Likely effective rent$1,170
HUD FMR$1,070
Market rent$1,220
Est. payment standard (109%)Used$1,170
-Principal and interest-$566
Loan amount$89,556
Down payment$22,389
Rate6.50%
Term30 years
-Operating costs-$404
Property taxes-$112
Insurance-$175
Utilities$0
HOA$0
Management-$117
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,016(84.9% ROI)
Projected value
$120,553
Return breakdown
Property appreciation+$8,608
Loan principal paid down+$3,209
Rental cash flow+$7,200
5-year hold
+$32,432(144.9% ROI)
Projected value
$126,656
Return breakdown
Property appreciation+$14,710
Loan principal paid down+$5,722
Rental cash flow+$12,000
10-year hold
+$68,988(308.1% ROI)
Projected value
$143,299
Return breakdown
Property appreciation+$31,354
Loan principal paid down+$13,634
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.74
1 BR
0.72
2 BR
0.88
3 BR
1.06
4 BR
1.11
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 24957 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 24957 (Maxwelton, WV) is $1,070 a month. That is up 9.2% from $980 in FY 2026. Maxwelton is in the Greenbrier County, WV non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $991. Among 23 ZIP codes in Greenbrier County, 24957 is tied for the highest two-bedroom rent (county range $940–$1,070). The median county two-bedroom FMR in West Virginia is $955, so ZIP 24957 is 12% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 24957
BedroomsFY 2027Change90–110% range
Studio$870+16.0%$783–$957
1BR$880+12.8%$792–$968
2BR$1,070+9.2%$963–$1,177
3BR$1,330+6.4%$1,197–$1,463
4BR$1,440+9.9%$1,296–$1,584

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 24957
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$870$880$1,070$1,330$1,440
FY 2026$750$780$980$1,250$1,310
FY 2025$710$730$920$1,210$1,220
FY 2024area FMR$683$687$864$1,137$1,151
FY 2023area FMR$615$619$761$1,006$1,022

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Greenbrier County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 24957
24925$980−8.4%
24931$990−7.5%
24938$990−7.5%
24943$940−12.1%
24954$940−12.1%
24957Current$1,070—
24966$990−7.5%
24970$1,010−5.6%
24976$970−9.3%
24977$990−7.5%
24986$940−12.1%
24991$990−7.5%

Questions about ZIP 24957 rents

How much will Section 8 pay for a two-bedroom in ZIP 24957?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $991, which applies unless the housing authority uses Small Area FMRs, that basic range is $892 to $1,090 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 24957 in?

ZIP 24957 is in the Greenbrier County, WV non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $991.

How much did fair market rent change in ZIP 24957 for FY 2027?

The two-bedroom FMR rose 9.2%, from $980 in FY 2026 to $1,070 in FY 2027. Since FY 2025 it has risen 16.3%.

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 rentMaxwelton, WV fair market rentWV statewide rentsWhat is SAFMR?Data sources