FY2026 Fair Market Rents — Alleghany County

Studio
$773
1BR
$778
2BR
$914
3BR
$1,259
4BR
$1,358

Alleghany County, Virginia

FIPS 51005 · County-level FMR and income limit data

FMR Area: Alleghany County-Clifton Forge city-Covington city, VA HUD Nonmetro FMR Area

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $773 $9,276
1-Bedroom $778 $9,336
2-Bedroom $914 $10,968
3-Bedroom $1,259 $15,108
4-Bedroom $1,358 $16,296
To afford the FY2026 2-bedroom FMR of $914/mo under the 30%-of-income rule, a household needs about $36,560/yr ($3,047/mo). Area Median Income is $71,300.
At VA's state minimum wage of $12.41/hr, a worker would need to work 57 hours/week to afford that rent.

Recent FMR Trend

Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $773 $778 $914 $1,259 $1,358
FY2025 $736 $738 $851 $1,192 $1,281
FY2024 $749 $753 $905 $1,197 $1,254
FY2023 $647 $651 $812 $1,028 $1,173
FY2022 $584 $587 $739 $914 $1,091
FY2021 $495 $558 $735 $958 $1,142
FY2020 $499 $570 $740 $1,048 $1,056

Full FMR history →

FY2026 Income Limits

Area Median Income: $71,300

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

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