Section 8 Fair Market Rent (FMR) for ZIP 22851 - 2027

Location: Page County, VA | Metro: Page County, VA

Investment Score for ZIP 22851

F
Monthly Rent (2BR)
$960
Median Price (2BR)
$246,386
1% Rule
0.39%
Annual Yield
4.68%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$810
1 Bedroom$880
2 Bedrooms$960
3 Bedrooms$1,190
4 Bedrooms$1,600
5 Bedrooms$1,856
6 Bedrooms$2,079
7 Bedrooms$2,245
8 Bedrooms$2,357

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $960 $246,386 0.39% F
3BR $1,190 $323,369 0.37% F
4BR $1,600 $385,588 0.41% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
5,903
Median Household Income
$53,329
Housing Units
2,720
Renter Percentage
32.8%
Occupancy Rate
83.0%
Renter Occupied
741

In Stanley, Virginia (ZIP 22851), the real estate landscape presents a nuanced scenario for both landlords and small-portfolio investors. The median home value stands at $297,045, indicating a stable residential market. Notably, only 0.2% of listings have seen price reductions, a figure that underscores strong seller's market conditions where pricing power remains firmly in the hands of property owners.

The median days on market (DOM) being listed as 'N/A' suggests either very quick sales or a limited number of transactions, which can be interpreted as further evidence of robust demand. This combination of high median home values and minimal price reductions points to a market where buyers are willing to pay asking prices, maintaining a firm hold on pricing dynamics.

Moving to the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is projected at $910, compared to the current market rate of $857. This indicates a potential upward trend in rental prices, aligning with the overall positive real estate climate. Landlords can expect to see gradual increases in rental income as the market adjusts to meet the FMR projections.

For long-term investors, the setup implies a conservative appreciation thesis. While immediate capital gains through flipping properties may be limited due to the low percentage of price reductions and quick sales, the steady growth in rental values offers a reliable path for asset appreciation. The gap between the current market rate and the FMR projection signals an opportunity for investors to leverage rising rents, enhancing their investment returns over the next 12-24 months without relying on speculative market predictions.

Investors should focus on maintaining competitive rental rates and ensuring property quality to attract and retain tenants, thereby maximizing rental income and potential for long-term appreciation. The current data supports a strategy of holding onto properties, expecting modest but consistent growth in both property value and rental income.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.