Housing market/Virginia/ZIP 22657

ACS 2023 · FY2027 SAFMR

ZIP 22657 Strasburg, Shenandoah County, Virginia

Shenandoah County, VA · Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
12,047
Households
4,719
Median HH income
$66,152
Renter share
22.7%
Median gross rent
$998
Vacancy
10.5%
Pop. change
+15.8%
2BR SAFMR
$1,200
SAFMR / rent
1.202×
2–49 unit stock
871
LIHTC proj / units
4 / 248
HUD assisted MF
1 / 113

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 22657 · VA — sent to you.

ZIP 22657 · VA

ACS median rent$998
2BR SAFMR$1,200
90% floor$1,080
110% ceiling$1,320

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

Housing stock

ACS 2023 units-in-structure · ZCTA 22657

  • 1-unit detached3,67669.7%
  • 1-unit attached54810.4%
  • 2–4 units2043.9%
  • 5–49 units66712.6%
  • 50+ units1302.5%
  • Mobile490.9%
TypeUnitsShare
1-unit detached3,67669.7%
1-unit attached54810.4%
2 units (duplex)721.4%
3–4 units1322.5%
5–9 units1633.1%
10–19 units4899.3%
20–49 units150.3%
50+ units1302.5%
Mobile490.9%

2–4 unit share 3.9% · 5–49 unit share 12.6% · combined 2–49 16.5%.

Units by bedrooms

Studio
15
1BR
390
2BR
1,543
3BR
2,167
4BR
853
5+
306

Rent burden

Rent ≥30% of income41.2%
Rent ≥50% of income22.5%
  • ACS median gross rent $998 (all bedrooms, occupied rentals).
  • Median contract rent $859.
  • Renters paying ≥30% of income 41.2%; ≥50% 22.5%.
  • FY2027 2BR SAFMR $1,200 (1.202× ACS median gross rent).

Population

12,047 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +15.8%.

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

Assisted inventory

  • LIHTC: 4 projects, 248 units.
  • HUD project-based assisted MF: 1 properties, 113 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 22657 22.7% of occupied households are renters; vacancy is 10.5%; ACS median gross rent is $998; population increased +15.8% between the 2018 and 2023 ACS vintages; the housing stock includes 204 units in 2–4-unit structures and 667 units in 5–49-unit structures; 4 LIHTC projects totaling 248 units; FY2027 2BR SAFMR is $1,200 versus ACS median gross rent of $998. 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 22657 is a Census / HUD profile for Shenandoah County, 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 22657?

ZIP 22657 (Shenandoah County, VA) has 12,047 residents, 4,719 households, a renter share of 22.7%, median household income of $66,152, and ACS 2023 median gross rent of $998. Vacancy is 10.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 22657?

ACS counts 72 units in 2-unit buildings, 132 in 3–4 unit buildings, 163 in 5–9, 489 in 10–19, and 15 in 20–49. Combined 2–49 unit stock is 871 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 22657?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,200. See the full schedule and 90–110% payment-standard band on the ZIP 22657 — Strasburg, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 22657 is Census / HUD research for Shenandoah County, VA. 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.