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RentData.org Logo Blacksburg-Christiansburg-Radford Fair Market Rent FY 2020 Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Blacksburg-Christiansburg-Radford, VA :
$797 $872 $993 $1,432 $1,743
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Blacksburg-Christiansburg-Radford are very high compared to the national average. This FMR area is more expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Blacksburg-Christiansburg-Radford is $993 per month.

The previous year, rent for a two-bedroom home was $869 per month. This is a 14.27% increase year-over-year.

This FMR rate applies to Mc Coy, VA, Elliston, VA, Christiansburg, VA, Blacksburg, VA and other cities within the region. The Metro Code or CBSA code for this region is METRO13980M13980.

Additionally, This Fair Market Rent (FMR) area Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area spans one county or city in Virginia which is listed in the table below. Estimated population of Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area FMR area is 97,690 people based on latest Census data.

Compared to the rest of Virginia, the Blacksburg-Christiansburg-Radford FMR area is more expensive than 90% 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 Blacksburg-Christiansburg-Radford. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Blacksburg-Christiansburg-Radford

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 $ 852
1-BR 1-Bedroom $ 933
2-BR 2-Bedroom $ 1062
3-BR 3-Bedroom $ 1532
4-BR 4-Bedroom $ 1865
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Roanoke - Lynchburg.

County / Region Est. Population
Blacksburg-Christiansburg-Radford, VA Metro 97,690
Zip Codes in Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

24060, 24061, 24062, 24063, 24068, 24073, 24087 and 24111

Lookup Fair Market Rent by Zip Code

What's Next?

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