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RentData.org Logo Alleghany County-Clifton Forge city-Covington city Fair Market Rent FY 2016 Alleghany County-Clifton Forge city-Covington city, VA HUD Nonmet Rental Data

Fair Market Rent Prices in Alleghany County-Clifton Forge city-Covington city, VA :
$533 $537 $658 $899 $902
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Alleghany County-Clifton Forge city-Covington city are low compared to the national average. This FMR area is less expensive than 59% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Alleghany County-Clifton Forge city-Covington city is $658 per month.

This FMR rate applies to Iron Gate, VA, Low Moor, VA, Selma, VA, Hot Springs, VA, New Castle, VA, Clifton Forge, VA, Covington, VA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY51005N51005.

Additionally, This Fair Market Rent (FMR) area Alleghany County-Clifton Forge city-Covington city, VA HUD Nonmet spans one county or city in Virginia which is listed in the table below. Estimated population of Alleghany County-Clifton Forge city-Covington city, VA HUD Nonmet FMR area is 16,250 people based on latest Census data.

Compared to the rest of Virginia, the Alleghany County-Clifton Forge city-Covington city FMR area is less expensive than 89% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Alleghany County-Clifton Forge city-Covington city. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Alleghany County-Clifton Forge city-Covington city

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 533
1-BR 1-Bedroom $ 537
2-BR 2-Bedroom $ 658
3-BR 3-Bedroom $ 899
4-BR 4-Bedroom $ 902
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Alleghany County-Clifton Forge city-Covington city, VA HUD Nonmet FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Roanoke - Lynchburg.

County / Region Est. Population
Alleghany County-Clifton Forge city-Covington city, VA 16,250
Zip Codes in Alleghany County-Clifton Forge city-Covington city, VA HUD Nonmet

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

24127, 24422, 24426, 24445, 24448, 24457 and 24474

Lookup Fair Market Rent by Zip Code

What's Next?

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