FY2026 Fair Market Rents — Lancaster County
Studio
$857
1BR
$862
2BR
$1,052
3BR
$1,463
4BR
$1,765
Lancaster County, Virginia
FIPS 51103 · County-level FMR and income limit data
FMR Area: Lancaster County, VA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $857 | $10,284 |
| 1-Bedroom | $862 | $10,344 |
| 2-Bedroom | $1,052 | $12,624 |
| 3-Bedroom | $1,463 | $17,556 |
| 4-Bedroom | $1,765 | $21,180 |
To afford the FY2026 2-bedroom FMR of $1,052/mo under the 30%-of-income rule, a household needs about
$42,080/yr ($3,507/mo). Area Median Income is $91,000.
At VA's state minimum wage of $12.41/hr, a worker would need to work 66 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $857 | $862 | $1,052 | $1,463 | $1,765 |
| FY2025 | $829 | $834 | $1,030 | $1,360 | $1,584 |
| FY2024 | $893 | $898 | $1,114 | $1,378 | $1,581 |
| FY2023 | $765 | $827 | $1,031 | $1,255 | $1,385 |
| FY2022 | $636 | $742 | $932 | $1,152 | $1,264 |
| FY2021 | $640 | $753 | $950 | $1,182 | $1,288 |
| FY2020 | $671 | $792 | $995 | $1,240 | $1,348 |
FY2026 Income Limits
Area Median Income: $91,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,150 | $21,850 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,850 | $36,400 | $40,950 | $45,500 | $49,150 | $52,800 |
| 80% AMI | $51,000 | $58,250 | $65,550 | $72,800 | $78,650 | $84,450 |