FY2026 Fair Market Rents — Prince Edward County, VA

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

Studio
$916
1BR
$922
2BR
$1,094
3BR
$1,312
4BR
$1,448
Hours/week at min wage
68 hrs
to afford the 2BR FMR @ $12.41/hr (VA)
YoY change (2BR)
+10.3%
+$102 vs FY2025 · 5-yr +24.2%
Voucher payment standard
$985–$1,203
PHAs set HCV payment at 90–110% of the 2BR FMR

Prince Edward County, VA

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

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $916 $10,992
1-Bedroom $922 $11,064
2-Bedroom $1,094 $13,128
3-Bedroom $1,312 $15,744
4-Bedroom $1,448 $17,376

Recent 2-Bedroom FMR Trend

FY2020 $906 → FY2026 $1,094
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $916 $922 $1,094 $1,312 $1,448
FY2025 $827 $832 $992 $1,195 $1,315
FY2024 $856 $880 $1,048 $1,267 $1,396
FY2023 $700 $760 $944 $1,149 $1,421
FY2022 $598 $665 $875 $1,082 $1,294
FY2021 $593 $668 $881 $1,096 $1,301
FY2020 $611 $688 $906 $1,129 $1,227

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $78,800

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $16,800 $21,640 $27,320 $33,000 $38,680 $44,360
50% AMI (Very Low) $28,000 $32,000 $36,000 $39,950 $43,150 $46,350
80% AMI (Low) $44,750 $51,150 $57,550 $63,900 $69,050 $74,150

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$13,128/yr
FMR as % of Area Median Income
16.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$43,760/yr
$3,647/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 $689 $788 $886 $1,063 $1,142
60% AMI Maximum $827 $945 $1,063 $1,276 $1,371

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 $916 $922 $1,094 $1,280 $1,280
Low HOME Rent $700 $800 $900 $998 $1,078

Compare Prince Edward County, VA 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

Prince Edward County

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