Montgomery County
FY 2026 HUD Fair Market Rents in Virginia. Population: 99,373.
Fair Market Rents (2026)
Studio
National avg: $893
$910/mo
↓ 1.6% YoY
+2% vs US
1 Bedroom
National avg: $959
$993/mo
↑ 2.6% YoY
+4% vs US
2 Bedroom
National avg: $1,175
$1,271/mo
↑ 3.2% YoY
+8% vs US
3 Bedroom
National avg: $1,525
$1,706/mo
↑ 3.6% YoY
+12% vs US
4 Bedroom
National avg: $1,756
$2,132/mo
↑ 3.1% YoY
+21% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $925 | $910 | $-15 (-1.6%) |
| 1 Bedroom | $968 | $993 | +$25 (+2.6%) |
| 2 Bedroom | $1,231 | $1,271 | +$40 (+3.2%) |
| 3 Bedroom | $1,647 | $1,706 | +$59 (+3.6%) |
| 4 Bedroom | $2,067 | $2,132 | +$65 (+3.1%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$39,720
$3,310/month gross
Required annual income for 2 BR
$50,840
$4,237/month gross
Other Counties in Virginia
Sussex County
1 BR: $1,507/mo
Smyth County
1 BR: $753/mo
Lancaster County
1 BR: $862/mo
Radford city
1 BR: $993/mo
Franklin County
1 BR: $861/mo
Patrick County
1 BR: $763/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.