RentData.org

RentData.org Logo Rockbridge County-Buena Vista city-Lexington city Fair Market Rent FY 2022 Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr Rental Data

Fair Market Rent Prices in Rockbridge County-Buena Vista city-Lexington city, VA :
$520 $660 $762 $1,030 $1,033
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 Rockbridge County-Buena Vista city-Lexington city are low compared to the national average. This FMR area is less expensive than 62% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Rockbridge County-Buena Vista city-Lexington city is $762 per month.

The previous year, rent for a two-bedroom home was $770 per month. This is a 1.04% decrease year-over-year.

This FMR rate applies to Brownsburg, VA, Rockbridge Baths, VA, Natural Bridge, VA, Fairfield, VA, Glasgow, VA, Buena Vista, VA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY51163N51163.

Additionally, This Fair Market Rent (FMR) area Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr spans one county or city in Virginia which is listed in the table below. Estimated population of Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr FMR area is 22,440 people based on latest Census data.

Compared to the rest of Virginia, the Rockbridge County-Buena Vista city-Lexington city FMR area is less expensive than 54% of the state.

Virginia Rents Map

Click on the map to view more another region.

See Nationwide Map

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 Rockbridge County-Buena Vista city-Lexington city. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Rockbridge County-Buena Vista city-Lexington 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 $ 563
1-BR 1-Bedroom $ 713
2-BR 2-Bedroom $ 824
3-BR 3-Bedroom $ 1113
4-BR 4-Bedroom $ 1117
Change Year:

There is just one county (listed below) within the Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Roanoke - Lynchburg.

County / Region Est. Population
Rockbridge County-Buena Vista city-Lexington city, VA 22,440
Zip Codes in Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

24415, 24416, 24435, 24473, 24555 and 24578

Lookup Fair Market Rent by Zip Code
Top