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RentData.org Logo Charlottesville Fair Market Rent FY 2009 Charlottesville, VA MSA Rental Data

Fair Market Rent Prices in Charlottesville, VA :
$620 $745 $882 $1,143 $1,265
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Charlottesville are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Charlottesville is $882 per month.

The previous year, rent for a two-bedroom home was $847 per month. This is a 4.13% increase year-over-year.

This FMR rate applies to Piney River, VA, Quinque, VA, Batesville, VA, Covesville, VA, Ivy, VA, Howardsville, VA, Keene, VA, Montebello, VA, White Hall, VA, Norwood, VA and other cities within the region. The Metro Code or CBSA code for this region is METRO16820M16820.

Additionally, This Fair Market Rent (FMR) area Charlottesville, VA MSA spans five counties or cities in which ares listed in the table below. Estimated population of Charlottesville, VA MSA FMR area is 174,021 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Charlottesville. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Charlottesville

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 667
1-BR 1-Bedroom $ 801
2-BR 2-Bedroom $ 929
3-BR 3-Bedroom $ 1223
4-BR 4-Bedroom $ 1546
Change Year:

The counties, cities, towns, and regions listed below fall into the Charlottesville, VA MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers three metro areas: Charlottesville, Roanoke - Lynchburg and Richmond - Petersburg.

County / Region Est. Population
Albemarle County, VA Metro 79,236
Fluvanna County, VA Metro 20,047
Greene County, VA Metro 15,244
Nelson County, VA Metro 14,445
Charlottesville city, VA Metro 45,049
Zip Codes in Charlottesville, VA MSA

There are 44 unique zip codes in this Fair Market Rent (FMR) area:

22901, 22902, 22903, 22904, 22905, 22906, 22908, 22909, 22911, 22920, 22923, 22924, 22931, 22932, 22935, 22936, 22937, 22938, 22940, 22942, 22943, 22945, 22946, 22947, 22949, 22958, 22959, 22963, 22964, 22965, 22968, 22969, 22971, 22973, 22974, 22987, 23022, 23055, 23084, 23093, 24464, 24562, 24581 and 24590

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