FY2026 Fair Market Rents — Giles County
Studio
$746
1BR
$898
2BR
$984
3BR
$1,180
4BR
$1,651
Giles County, Virginia
FIPS 51071 · County-level FMR and income limit data
FMR Area: Giles County, VA HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $746 | $8,952 |
| 1-Bedroom | $898 | $10,776 |
| 2-Bedroom | $984 | $11,808 |
| 3-Bedroom | $1,180 | $14,160 |
| 4-Bedroom | $1,651 | $19,812 |
To afford the FY2026 2-bedroom FMR of $984/mo under the 30%-of-income rule, a household needs about
$39,360/yr ($3,280/mo). Area Median Income is $85,400.
At VA's state minimum wage of $12.41/hr, a worker would need to work 61 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $746 | $898 | $984 | $1,180 | $1,651 |
| FY2025 | $750 | $855 | $947 | $1,180 | $1,504 |
| FY2024 | $742 | $806 | $905 | $1,179 | $1,245 |
| FY2023 | $665 | $702 | $793 | $1,069 | $1,101 |
| FY2022 | $494 | $616 | $702 | $939 | $999 |
| FY2021 | $504 | $655 | $747 | $982 | $1,099 |
| FY2020 | $495 | $592 | $733 | $916 | $1,153 |
FY2026 Income Limits
Area Median Income: $85,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,950 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,900 | $34,200 | $38,450 | $42,700 | $46,150 | $49,550 |
| 80% AMI | $47,850 | $54,650 | $61,500 | $68,300 | $73,800 | $79,250 |