Housing market/Virginia/ZIP 22973
ZIP 22973 Stanardsville, Madison County, Virginia
Madison County, VA · Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 22973 · VA — sent to you.
ZIP 22973 · VA
ACS rent vs 2BR SAFMR
ZIP 22973 — Stanardsville, VA HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 22973
- 1-unit detached2,59387.0%
- 1-unit attached1023.4%
- 2–4 units331.1%
- 5–49 units571.9%
- Mobile1946.5%
2–4 unit share 1.1% · 5–49 unit share 1.9% · combined 2–49 3.0%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,244 (all bedrooms, occupied rentals).
- Median contract rent $999.
- Renters paying ≥30% of income 13.6%; ≥50% 7.4%.
- FY2027 2BR SAFMR $1,650 (1.326× ACS median gross rent).
Population
5,980 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -0.5%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 32 units.
- 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 48 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 22973 23.8% of occupied households are renters; vacancy is 14.0%; ACS median gross rent is $1,244; population changed -0.5% between the 2018 and 2023 ACS vintages; the housing stock includes 33 units in 2–4-unit structures and 57 units in 5–49-unit structures; 1 LIHTC projects totaling 32 units; FY2027 2BR SAFMR is $1,650 versus ACS median gross rent of $1,244. 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 22973 is a Census / HUD profile for Madison County, VA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 22973 — Stanardsville, VA HUD Section 8 Payment Standards / SAFMR·Virginia ZIP directory
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 22973?
ZIP 22973 (Madison County, VA) has 5,980 residents, 2,563 households, a renter share of 23.8%, median household income of $73,579, and ACS 2023 median gross rent of $1,244. Vacancy is 14.0%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 22973?
ACS counts 16 units in 2-unit buildings, 17 in 3–4 unit buildings, 36 in 5–9, 14 in 10–19, and 7 in 20–49. Combined 2–49 unit stock is 90 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 22973?
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 22973 — Stanardsville, VA HUD Section 8 Payment Standards / SAFMR.
Does this Virginia ZIP profile include Georgia listings?
No. ZIP 22973 is Census / HUD research for Madison 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.