FY2026 Fair Market Rents — Charlottesville, VA HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,421
1BR
$1,602
2BR
$1,824
3BR
$2,218
4BR
$2,731
Hours/week at min wage
114 hrs
to afford the 2BR FMR @ $12.41/hr (VA)
YoY change (2BR)
+5.5%
+$95 vs FY2025 · 5-yr +44.1%
Voucher payment standard
$1,642–$2,006
PHAs set HCV payment at 90–110% of the 2BR FMR

Charlottesville, VA HUD Metro FMR Area

Non-Metropolitan area · VA · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,421 $17,052
1-Bedroom $1,602 $19,224
2-Bedroom $1,824 $21,888
3-Bedroom $2,218 $26,616
4-Bedroom $2,731 $32,772

Recent 2-Bedroom FMR Trend

FY2020 $1,262 → FY2026 $1,824
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,421 $1,602 $1,824 $2,218 $2,731
FY2025 $1,404 $1,487 $1,729 $2,155 $2,621
FY2024 $1,392 $1,415 $1,678 $2,114 $2,608
FY2023 $1,165 $1,172 $1,401 $1,742 $2,159
FY2022 $1,024 $1,063 $1,264 $1,562 $1,959
FY2021 $949 $1,077 $1,266 $1,575 $1,965
FY2020 $854 $1,082 $1,262 $1,573 $1,942

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $139,800

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $29,050 $33,200 $37,350 $41,500 $44,850 $48,150
50% AMI (Very Low) $48,450 $55,350 $62,250 $69,150 $74,700 $80,250
80% AMI (Low) $74,800 $85,450 $96,150 $106,800 $115,350 $123,900

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$21,888/yr
FMR as % of Area Median Income
15.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$72,960/yr
$6,080/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $1,223 $1,398 $1,572 $1,887 $2,027
60% AMI Maximum $1,467 $1,677 $1,887 $2,264 $2,432

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,421 $1,602 $1,824 $2,218 $2,271
Low HOME Rent $1,211 $1,383 $1,556 $1,728 $1,867

Compare Charlottesville, VA HUD Metro FMR Area With Other VA Metros

vs. Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area vs. Buckingham County, VA HUD Metro FMR Area vs. Charlottesville, VA HUD Metro FMR Area vs. Culpeper County, VA HUD Metro FMR Area vs. Floyd County, VA HUD Metro FMR Area

Counties in This FMR Area

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