FY2026 Fair Market Rents — Nelson County
Studio
$1,421
1BR
$1,602
2BR
$1,824
3BR
$2,218
4BR
$2,731
Nelson County, Virginia
FIPS 51125 · County-level FMR and income limit data
FMR Area: Charlottesville, VA HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,421 | $17,052 |
| 1-Bedroom | $1,602 | $19,224 |
| 2-Bedroom | $1,824 | $21,888 |
| 3-Bedroom | $2,218 | $26,616 |
| 4-Bedroom | $2,731 | $32,772 |
To afford the FY2026 2-bedroom FMR of $1,824/mo under the 30%-of-income rule, a household needs about
$72,960/yr ($6,080/mo). Area Median Income is $139,800.
At VA's state minimum wage of $12.41/hr, a worker would need to work 114 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,421 | $1,602 | $1,824 | $2,218 | $2,731 |
| FY2025 | $1,404 | $1,487 | $1,729 | $2,155 | $2,621 |
| FY2024 | $1,392 | $1,415 | $1,678 | $2,114 | $2,608 |
| FY2023 | $1,165 | $1,172 | $1,401 | $1,742 | $2,159 |
| FY2022 | $1,024 | $1,063 | $1,264 | $1,562 | $1,959 |
| FY2021 | $949 | $1,077 | $1,266 | $1,575 | $1,965 |
| FY2020 | $854 | $1,082 | $1,262 | $1,573 | $1,942 |
FY2026 Income Limits
Area Median Income: $139,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $29,050 | $33,200 | $37,350 | $41,500 | $44,850 | $48,150 |
| 50% AMI | $48,450 | $55,350 | $62,250 | $69,150 | $74,700 | $80,250 |
| 80% AMI | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |