Housing market/Virginia/ZIP 22846

ACS 2023 · FY2027 SAFMR

ZIP 22846 Penn Laird, Virginia

Harrisonburg, 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
1,727
Households
545
Median HH income
$110,987
Renter share
12.5%
Median gross rent
$1,394
Vacancy
0.0%
Pop. change
-36.0%
2BR SAFMR
$1,440
SAFMR / rent
1.033×
2–49 unit stock
10
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 22846 · VA — sent to you.

ZIP 22846 · VA

ACS median rent$1,394
2BR SAFMR$1,440
90% floor$1,296
110% ceiling$1,584

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

Housing stock

ACS 2023 units-in-structure · ZCTA 22846

  • 1-unit detached53598.2%
  • 2–4 units101.8%
TypeUnitsShare
1-unit detached53598.2%
1-unit attached00.0%
2 units (duplex)101.8%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile00.0%

2–4 unit share 1.8% · 5–49 unit share 0.0% · combined 2–49 1.8%.

Units by bedrooms

Studio
0
1BR
0
2BR
45
3BR
309
4BR
85
5+
106

Rent burden

Rent ≥30% of income35.3%
Rent ≥50% of income0.0%
  • ACS median gross rent $1,394 (all bedrooms, occupied rentals).
  • Median contract rent $948.
  • Renters paying ≥30% of income 35.3%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,440 (1.033× ACS median gross rent).

Population

1,727 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -36.0%.

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 121 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 22846 12.5% of occupied households are renters; vacancy is 0.0%; ACS median gross rent is $1,394; population changed -36.0% between the 2018 and 2023 ACS vintages; the housing stock includes 10 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,440 versus ACS median gross rent of $1,394. 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 22846 is a Census / HUD profile for Harrisonburg, 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 22846?

ZIP 22846 (Harrisonburg, VA MSA) has 1,727 residents, 545 households, a renter share of 12.5%, median household income of $110,987, and ACS 2023 median gross rent of $1,394. Vacancy is 0.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 22846?

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

What is the Section 8 rent in 22846?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,440. See the full schedule and 90–110% payment-standard band on the ZIP 22846 — Penn Laird, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 22846 is Census / HUD research for Harrisonburg, 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.