Smyth County
FY 2026 HUD Fair Market Rents in Virginia. Population: 29,799.
Fair Market Rents (2026)
Studio
National avg: $893
$642/mo
↑ 9.9% YoY
-28% vs US
1 Bedroom
National avg: $959
$753/mo
↑ 4.3% YoY
-21% vs US
2 Bedroom
National avg: $1,175
$914/mo
↑ 7.4% YoY
-22% vs US
3 Bedroom
National avg: $1,525
$1,191/mo
↑ 8.4% YoY
-22% vs US
4 Bedroom
National avg: $1,756
$1,429/mo
↑ 3.3% YoY
-19% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $584 | $642 | +$58 (+9.9%) |
| 1 Bedroom | $722 | $753 | +$31 (+4.3%) |
| 2 Bedroom | $851 | $914 | +$63 (+7.4%) |
| 3 Bedroom | $1,099 | $1,191 | +$92 (+8.4%) |
| 4 Bedroom | $1,383 | $1,429 | +$46 (+3.3%) |
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
Winchester city
1 BR: $1,255/mo
Hampton city
1 BR: $1,512/mo
Pulaski County
1 BR: $840/mo
Patrick County
1 BR: $763/mo
Henry County
1 BR: $753/mo
James City County
1 BR: $1,512/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.