FY2026 Fair Market Rents — Mecklenburg County
Studio
$719
1BR
$724
2BR
$950
3BR
$1,224
4BR
$1,258
Mecklenburg County, Virginia
FIPS 51117 · County-level FMR and income limit data
FMR Area: Mecklenburg County, VA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $719 | $8,628 |
| 1-Bedroom | $724 | $8,688 |
| 2-Bedroom | $950 | $11,400 |
| 3-Bedroom | $1,224 | $14,688 |
| 4-Bedroom | $1,258 | $15,096 |
To afford the FY2026 2-bedroom FMR of $950/mo under the 30%-of-income rule, a household needs about
$38,000/yr ($3,167/mo). Area Median Income is $79,500.
At VA's state minimum wage of $12.41/hr, a worker would need to work 59 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $719 | $724 | $950 | $1,224 | $1,258 |
| FY2025 | $672 | $677 | $888 | $1,145 | $1,177 |
| FY2024 | $696 | $701 | $921 | $1,209 | $1,227 |
| FY2023 | $606 | $662 | $817 | $1,088 | $1,098 |
| FY2022 | $491 | $631 | $719 | $966 | $1,005 |
| FY2021 | $485 | $632 | $720 | $958 | $1,083 |
| FY2020 | $501 | $609 | $742 | $976 | $1,182 |
FY2026 Income Limits
Area Median Income: $79,500
| 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 |