Danville city
FY 2026 HUD Fair Market Rents in Virginia. Population: 42,507.
Fair Market Rents (2026)
Studio
National avg: $893
$630/mo
↑ 7.9% YoY
-29% vs US
1 Bedroom
National avg: $959
$738/mo
↑ 7.4% YoY
-23% vs US
2 Bedroom
National avg: $1,175
$914/mo
↑ 7.4% YoY
-22% vs US
3 Bedroom
National avg: $1,525
$1,263/mo
↑ 8.4% YoY
-17% vs US
4 Bedroom
National avg: $1,756
$1,415/mo
↑ 7.9% YoY
-19% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $584 | $630 | +$46 (+7.9%) |
| 1 Bedroom | $687 | $738 | +$51 (+7.4%) |
| 2 Bedroom | $851 | $914 | +$63 (+7.4%) |
| 3 Bedroom | $1,165 | $1,263 | +$98 (+8.4%) |
| 4 Bedroom | $1,311 | $1,415 | +$104 (+7.9%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$29,520
$2,460/month gross
Required annual income for 2 BR
$36,560
$3,047/month gross
Other Counties in Virginia
Radford city
1 BR: $993/mo
Fredericksburg city
1 BR: $2,015/mo
Wise County
1 BR: $697/mo
Buchanan County
1 BR: $834/mo
Bedford County
1 BR: $1,033/mo
Nottoway County
1 BR: $743/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.