Charlottesville, VA MSA
FY 2026 HUD Fair Market Rents for the Charlottesville, VA MSA metro area. Population: 221,648.
Fair Market Rents (2026)
Studio
National avg: $893
$1,421/mo
↑ 1.2% YoY
+59% vs US
1 Bedroom
National avg: $959
$1,602/mo
↑ 7.7% YoY
+67% vs US
2 Bedroom
National avg: $1,175
$1,824/mo
↑ 5.5% YoY
+55% vs US
3 Bedroom
National avg: $1,525
$2,218/mo
↑ 2.9% YoY
+45% vs US
4 Bedroom
National avg: $1,756
$2,731/mo
↑ 4.2% YoY
+56% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,404 | $1,421 | +$17 (+1.2%) |
| 1 Bedroom | $1,487 | $1,602 | +$115 (+7.7%) |
| 2 Bedroom | $1,729 | $1,824 | +$95 (+5.5%) |
| 3 Bedroom | $2,155 | $2,218 | +$63 (+2.9%) |
| 4 Bedroom | $2,621 | $2,731 | +$110 (+4.2%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$64,080
$5,340/month gross
Required annual income for 2 BR
$72,960
$6,080/month gross
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.