Location: Lunenburg County, VA | Metro: Lunenburg County, VA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
The Section 8 analysis for ZIP code 23952 reveals an atypical scenario with only 84 residents, none of whom are currently renting. This unique situation presents several challenges and considerations for landlords and small-portfolio investors. The absence of rental activity suggests a predominantly owner-occupied area where traditional rental investments might struggle to find tenants. Additionally, the lack of data on median income and median home value indicates a sparse population that does not conform to typical real estate metrics.
Despite these peculiarities, the Fair Market Rent (FMR) for ZIP 23952 is set at $930 for the fiscal year 2026. This figure represents the maximum amount that a landlord can charge for rent under the Section 8 program. However, with no existing market rent data available, it's challenging to gauge how competitive this rate would be if any rental units were present. The FMR is designed to reflect the cost of housing in the area, but without a local rental market, the relevance of this number is questionable.
The data signature for ZIP 23952 reads as highly stable. There is no indication of significant population growth or decline, nor any substantial change in housing dynamics. Given the low number of residents and the complete absence of rental activity, this ZIP code is unlikely to become a hub for rental investment opportunities anytime soon. Landlords and investors should focus their efforts on areas with more robust rental markets and clearer economic indicators.
Data Sources: FMR data from HUD (2027). 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.