FY2026 Fair Market Rents — Floyd County
Studio
$830
1BR
$834
2BR
$1,094
3BR
$1,312
4BR
$1,448
Floyd County, Virginia
FIPS 51063 · County-level FMR and income limit data
FMR Area: Floyd County, VA HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $830 | $9,960 |
| 1-Bedroom | $834 | $10,008 |
| 2-Bedroom | $1,094 | $13,128 |
| 3-Bedroom | $1,312 | $15,744 |
| 4-Bedroom | $1,448 | $17,376 |
To afford the FY2026 2-bedroom FMR of $1,094/mo under the 30%-of-income rule, a household needs about
$43,760/yr ($3,647/mo). Area Median Income is $88,500.
At VA's state minimum wage of $12.41/hr, a worker would need to work 68 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $830 | $834 | $1,094 | $1,312 | $1,448 |
| FY2021 | $601 | $615 | $701 | $1,003 | $1,214 |
| FY2020 | $609 | $627 | $714 | $1,030 | $1,254 |
| FY2019 | $596 | $611 | $700 | $1,001 | $1,230 |
| FY2018 | $556 | $596 | $684 | $917 | $1,205 |
| FY2017 | $518 | $549 | $633 | $792 | $1,115 |
FY2026 Income Limits
Area Median Income: $88,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,600 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,000 | $35,400 | $39,850 | $44,250 | $47,800 | $51,350 |
| 80% AMI | $49,600 | $56,650 | $63,750 | $70,800 | $76,500 | $82,150 |