Affordable
40th Percentile
Metro Area
Fair Market Rent prices in Franklin County are
very low
compared to the national average.
This FMR area is less expensive
than
89%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Franklin County is $588 per month.
The previous year, rent for a two-bedroom home was $571 per month.
This is a 2.98% increase year-over-year.
This FMR rate applies to Redwood, VA, Union Hall, VA, Henry, VA, Callaway, VA, Penhook, VA, Glade Hill, VA, Ferrum, VA, Wirtz, VA, Boones Mill, VA, Bassett, VA and other cities within the region.
The Metro Code or CBSA code for this region is METRO40220N51067.
Additionally, This Fair Market Rent (FMR) area Franklin County, VA HUD Metro FMR Area spans one county or city in Virginia which is listed in the table below.
Estimated population of Franklin County, VA HUD Metro FMR Area FMR area is 47,286 people based on latest Census data.
Compared to the rest of Virginia, the Franklin County FMR area is
less expensive than
100% of the state.