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Section 8 rent in Carroll County-Galax city, VA

FY2025 HUD Small Area Fair Market Rents for the Carroll County-Galax city, VA HUD Nonmetro FMR Area, covering 17 ZIP codes.

$904Avg 2BR FMR / mo
$995Avg 2BR at 110% Standard
17ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$660$733$900$806
1 Bedroom$660$744$900$819
2 Bedrooms$850$904$1,140$995
3 Bedrooms$1,150$1,225$1,550$1,347
4 Bedrooms$1,340$1,460$1,930$1,606

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$1,808$21,696
Triplex3 × 2BR$2,712$32,544
Fourplex4 × 2BR$3,616$43,392
Fourplex4 × 3BR$4,900$58,800

Gross scheduled rent before vacancy, maintenance and management. Run any Virginia multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 17 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
24347 $900 $1,140 $1,550 $1,930
24317 $850 $1,030 $1,440 $1,700
24351 $780 $970 $1,280 $1,560
24053 $790 $960 $1,180 $1,510
24312 $770 $940 $1,290 $1,560
24328 $760 $920 $1,260 $1,500
24333 $760 $890 $1,230 $1,390
24350 $720 $870 $1,150 $1,400
24105 $680 $850 $1,150 $1,340
24120 $700 $850 $1,150 $1,340
24325 $700 $850 $1,150 $1,340
24330 $760 $850 $1,160 $1,340
24343 $710 $850 $1,190 $1,400
24352 $700 $850 $1,150 $1,340
24360 $660 $850 $1,150 $1,430

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Carroll County-Galax city, VA?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Carroll County-Galax city, VA HUD Nonmetro FMR Area is $904 per month, ranging from $850 to $1,140 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $995.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Carroll County-Galax city, VA, 2-bedroom SAFMRs run from $850 to $1,140 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Virginia?
RealG searches live listings across Virginia, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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