FY2026 Fair Market Rents — Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro FMR Area

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

Studio
$870
1BR
$917
2BR
$1,005
3BR
$1,398
4BR
$1,686
Hours/week at min wage
63 hrs
to afford the 2BR FMR @ $12.41/hr (VA)
YoY change (2BR)
+11.8%
+$106 vs FY2025 · 5-yr +30.5%
Voucher payment standard
$905–$1,106
PHAs set HCV payment at 90–110% of the 2BR FMR

Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro 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) $870 $10,440
1-Bedroom $917 $11,004
2-Bedroom $1,005 $12,060
3-Bedroom $1,398 $16,776
4-Bedroom $1,686 $20,232

Recent 2-Bedroom FMR Trend

FY2020 $797 → FY2026 $1,005
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $870 $917 $1,005 $1,398 $1,686
FY2025 $777 $812 $899 $1,260 $1,510
FY2024 $772 $842 $945 $1,332 $1,466
FY2023 $615 $735 $830 $1,172 $1,197
FY2022 $520 $660 $762 $1,030 $1,033
FY2021 $508 $620 $770 $1,029 $1,049
FY2020 $519 $665 $797 $1,060 $1,165

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $85,700

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $18,000 $21,640 $27,320 $33,000 $38,680 $44,360
50% AMI (Very Low) $30,000 $34,300 $38,600 $42,850 $46,300 $49,750
80% AMI (Low) $48,000 $54,850 $61,700 $68,550 $74,050 $79,550

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$12,060/yr
FMR as % of Area Median Income
14.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$40,200/yr
$3,350/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 $749 $857 $964 $1,156 $1,242
60% AMI Maximum $899 $1,028 $1,156 $1,388 $1,491

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 $870 $917 $1,005 $1,392 $1,392
Low HOME Rent $750 $857 $965 $1,071 $1,157

Compare Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro 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

Buena Vista city

Related Pages