Housing market/Virginia/ZIP 23901

ACS 2023 · FY2027 SAFMR

ZIP 23901 Farmville, Prince Edward County, Virginia

Prince Edward 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
15,016
Households
5,513
Median HH income
$51,992
Renter share
41.4%
Median gross rent
$878
Vacancy
16.0%
Pop. change
-15.3%
2BR SAFMR
$1,150
SAFMR / rent
1.310×
2–49 unit stock
1,672
LIHTC proj / units
5 / 228
HUD assisted MF
5 / 145

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 23901 · VA — sent to you.

ZIP 23901 · VA

ACS median rent$878
2BR SAFMR$1,150
90% floor$1,035
110% ceiling$1,265

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

Housing stock

ACS 2023 units-in-structure · ZCTA 23901

  • 1-unit detached4,22064.3%
  • 1-unit attached1131.7%
  • 2–4 units92414.1%
  • 5–49 units74811.4%
  • Mobile5568.5%
TypeUnitsShare
1-unit detached4,22064.3%
1-unit attached1131.7%
2 units (duplex)66910.2%
3–4 units2553.9%
5–9 units2353.6%
10–19 units3725.7%
20–49 units1412.1%
50+ units00.0%
Mobile5568.5%

2–4 unit share 14.1% · 5–49 unit share 11.4% · combined 2–49 25.5%.

Units by bedrooms

Studio
58
1BR
787
2BR
1,357
3BR
3,071
4BR
1,089
5+
199

Rent burden

Rent ≥30% of income46.9%
Rent ≥50% of income20.4%
  • ACS median gross rent $878 (all bedrooms, occupied rentals).
  • Median contract rent $709.
  • Renters paying ≥30% of income 46.9%; ≥50% 20.4%.
  • FY2027 2BR SAFMR $1,150 (1.310× ACS median gross rent).

Population

15,016 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -15.3%.

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

Assisted inventory

  • LIHTC: 5 projects, 228 units.
  • HUD project-based assisted MF: 5 properties, 145 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 23901 41.4% of occupied households are renters; vacancy is 16.0%; ACS median gross rent is $878; population changed -15.3% between the 2018 and 2023 ACS vintages; the housing stock includes 924 units in 2–4-unit structures and 748 units in 5–49-unit structures; 5 LIHTC projects totaling 228 units; FY2027 2BR SAFMR is $1,150 versus ACS median gross rent of $878. 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 23901 is a Census / HUD profile for Prince Edward 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 23901?

ZIP 23901 (Prince Edward County, VA) has 15,016 residents, 5,513 households, a renter share of 41.4%, median household income of $51,992, and ACS 2023 median gross rent of $878. Vacancy is 16.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 23901?

ACS counts 669 units in 2-unit buildings, 255 in 3–4 unit buildings, 235 in 5–9, 372 in 10–19, and 141 in 20–49. Combined 2–49 unit stock is 1,672 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 23901?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,150. See the full schedule and 90–110% payment-standard band on the ZIP 23901 — Farmville, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 23901 is Census / HUD research for Prince Edward 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.