FY2026 Fair Market Rents — Prince Edward County
Studio
$916
1BR
$922
2BR
$1,094
3BR
$1,312
4BR
$1,448
Prince Edward County, Virginia
FIPS 51147 · County-level FMR and income limit data
FMR Area: Prince Edward County, VA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $916 | $10,992 |
| 1-Bedroom | $922 | $11,064 |
| 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 $78,800.
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 | $916 | $922 | $1,094 | $1,312 | $1,448 |
| FY2025 | $827 | $832 | $992 | $1,195 | $1,315 |
| FY2024 | $856 | $880 | $1,048 | $1,267 | $1,396 |
| FY2023 | $700 | $760 | $944 | $1,149 | $1,421 |
| FY2022 | $598 | $665 | $875 | $1,082 | $1,294 |
| FY2021 | $593 | $668 | $881 | $1,096 | $1,301 |
| FY2020 | $611 | $688 | $906 | $1,129 | $1,227 |
FY2026 Income Limits
Area Median Income: $78,800
| 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 |