Martinsville city
FY 2026 HUD Fair Market Rents in Virginia. Population: 13,539.
Fair Market Rents (2026)
Studio
National avg: $893
$749/mo
↑ 11.0% YoY
-16% vs US
1 Bedroom
National avg: $959
$753/mo
↑ 10.7% YoY
-21% vs US
2 Bedroom
National avg: $1,175
$914/mo
↑ 7.4% YoY
-22% vs US
3 Bedroom
National avg: $1,525
$1,096/mo
↑ 6.9% YoY
-28% vs US
4 Bedroom
National avg: $1,756
$1,282/mo
↑ 5.0% YoY
-27% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $675 | $749 | +$74 (+11.0%) |
| 1 Bedroom | $680 | $753 | +$73 (+10.7%) |
| 2 Bedroom | $851 | $914 | +$63 (+7.4%) |
| 3 Bedroom | $1,025 | $1,096 | +$71 (+6.9%) |
| 4 Bedroom | $1,221 | $1,282 | +$61 (+5.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$30,120
$2,510/month gross
Required annual income for 2 BR
$36,560
$3,047/month gross
Other Counties in Virginia
Chesapeake city
1 BR: $1,512/mo
Dickenson County
1 BR: $749/mo
Bristol city
1 BR: $818/mo
Radford city
1 BR: $993/mo
Roanoke city
1 BR: $1,053/mo
Wythe County
1 BR: $762/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.