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Rent by ZIP · Craig County

Rent in New Castle, VA 24127

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,130 (+9.7% vs FY2026). Renters in this ZIP code pay a median $713 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$910$810+12.3%$819–1,001–
1 bedroom$950$860+10.5%$855–1,045–
2 bedrooms$1,130$1,030+9.7%$1,017–1,243$718 ±$56
3 bedrooms$1,570$1,440+9%$1,413–1,727–
4 bedrooms$1,900$1,700+11.8%$1,710–2,090–

Small Area FMRs for the Roanoke, VA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Roanoke, VA HUD Metro FMR Area, 2 bedrooms: $1,464.

What renters pay in 24127

Median gross rent$713±$83 · all sizes
Renter households28218% of occupied homes
No cash rent14households

How rents are spread

Under $1,00088%
$1,000–1,49912%
$1,500–1,9990%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
24128Newport$1,150$750
24124Narrows$1,020$790
24122Montvale$1,460–
24132Parrott$1,120–
24121Moneta$1,410$983
24133Patrick Springs$940–

Fair Market Rents across Craig County, VA · All VA counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.