Housing market/Virginia/ZIP 22920

ACS 2023 · FY2027 SAFMR

ZIP 22920 Afton, Virginia

Staunton-Stuarts Draft, VA MSA · Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,744
Households
1,705
Median HH income
$100,760
Renter share
15.9%
Median gross rent
$1,075
Vacancy
17.0%
Pop. change
+3.6%
2BR SAFMR
$1,650
SAFMR / rent
1.535×
2–49 unit stock
26
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 22920 · VA — sent to you.

ZIP 22920 · VA

ACS median rent$1,075
2BR SAFMR$1,650
90% floor$1,485
110% ceiling$1,815

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 22920

  • 1-unit detached1,89192.5%
  • 1-unit attached60.3%
  • 2–4 units90.4%
  • 5–49 units170.8%
  • Mobile1226.0%
TypeUnitsShare
1-unit detached1,89192.1%
1-unit attached60.3%
2 units (duplex)90.4%
3–4 units00.0%
5–9 units170.8%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile1225.9%

2–4 unit share 0.4% · 5–49 unit share 0.8% · combined 2–49 1.3%.

Units by bedrooms

Studio
104
1BR
194
2BR
270
3BR
765
4BR
509
5+
211

Rent burden

Rent ≥30% of income32.5%
Rent ≥50% of income25.1%
  • ACS median gross rent $1,075 (all bedrooms, occupied rentals).
  • Median contract rent $848.
  • Renters paying ≥30% of income 32.5%; ≥50% 25.1%.
  • FY2027 2BR SAFMR $1,650 (1.535× ACS median gross rent).

Population

3,744 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 288 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 22920 15.9% of occupied households are renters; vacancy is 17.0%; ACS median gross rent is $1,075; population increased +3.6% between the 2018 and 2023 ACS vintages; the housing stock includes 9 units in 2–4-unit structures and 17 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,650 versus ACS median gross rent of $1,075. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Virginia research

ZIP 22920 is a Census / HUD profile for Staunton-Stuarts Draft, VA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 22920?

ZIP 22920 (Staunton-Stuarts Draft, VA MSA) has 3,744 residents, 1,705 households, a renter share of 15.9%, median household income of $100,760, and ACS 2023 median gross rent of $1,075. Vacancy is 17.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 22920?

ACS counts 9 units in 2-unit buildings, 0 in 3–4 unit buildings, 17 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 26 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 22920?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,650. See the full schedule and 90–110% payment-standard band on the ZIP 22920 — Afton, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 22920 is Census / HUD research for Staunton-Stuarts Draft, VA MSA. Jeff Crowe CRE does not list Virginia property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.