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RentData.org Logo Richmond County Fair Market Rent FY 2016 Richmond County, VA Rental Data

Fair Market Rent Prices in Richmond County, VA :
$545 $549 $735 $986 $1,007
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Richmond County are average compared to the national average. This FMR area is more expensive than 69% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Richmond County is $735 per month.

The previous year, rent for a two-bedroom home was $777 per month. This is a 5.41% decrease year-over-year.

This FMR rate applies to Haynesville, VA, Sharps, VA, Montross, VA, Warsaw, VA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY51159N51159.

Additionally, This Fair Market Rent (FMR) area Richmond County, VA spans one county or city in Virginia which is listed in the table below. Estimated population of Richmond County, VA FMR area is 9,254 people based on latest Census data.

Compared to the rest of Virginia, the Richmond County FMR area is less expensive than 52% of the state.

Virginia Rents Map

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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 Richmond County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Richmond County

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 $ 590
1-BR 1-Bedroom $ 594
2-BR 2-Bedroom $ 795
3-BR 3-Bedroom $ 1067
4-BR 4-Bedroom $ 1090
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 Richmond County, VA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Richmond - Petersburg and Washington, Dc (Hagrstwn).

County / Region Est. Population
Richmond County, VA 9,254
Zip Codes in Richmond County, VA

There are 4 unique zip codes in this Fair Market Rent (FMR) area:

22472, 22520, 22548 and 22572

Lookup Fair Market Rent by Zip Code

What's Next?

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