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Section 8 rent in Wise County-Norton city, VA

FY2025 HUD Small Area Fair Market Rents for the Wise County-Norton city, VA HUD Nonmetro FMR Area, covering 8 ZIP codes.

$894Avg 2BR FMR / mo
$983Avg 2BR at 110% Standard
8ZIP 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$686$740$755
1 Bedroom$670$694$750$763
2 Bedrooms$850$894$970$983
3 Bedrooms$1,120$1,181$1,260$1,299
4 Bedrooms$1,390$1,489$1,590$1,638

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$1,788$21,456
Triplex3 × 2BR$2,682$32,184
Fourplex4 × 2BR$3,576$42,912
Fourplex4 × 3BR$4,724$56,688

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 8 of 8 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
24230 $750 $970 $1,260 $1,590
24216 $700 $920 $1,220 $1,540
24273 $700 $910 $1,210 $1,530
24219 $700 $900 $1,190 $1,500
24246 $690 $900 $1,190 $1,500
24279 $670 $850 $1,130 $1,430
24283 $670 $850 $1,120 $1,390
24293 $670 $850 $1,130 $1,430

Quick cash flow check

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

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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 Wise County-Norton city, VA?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Wise County-Norton city, VA HUD Nonmetro FMR Area is $894 per month, ranging from $850 to $970 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 $983.
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 Wise County-Norton city, VA, 2-bedroom SAFMRs run from $850 to $970 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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