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RentData.org Logo Danville Fair Market Rent FY 2008 Danville, VA MSA Rental Data

Fair Market Rent Prices in Danville, VA :
$379 $435 $561 $700 $751
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 Danville are low compared to the national average. This FMR area is less expensive than 69% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Danville is $561 per month.

The previous year, rent for a two-bedroom home was $523 per month. This is a 7.27% increase year-over-year.

This FMR rate applies to Sandy Level, VA, Keeling, VA, Cascade, VA, Blairs, VA, Dry Fork, VA, Hurt, VA, Ringgold, VA, Chatham, VA, Danville, VA and other cities within the region. The Metro Code or CBSA code for this region is METRO19260M19260.

Additionally, This Fair Market Rent (FMR) area Danville, VA MSA spans two counties or cities in Virginia which ares listed in the table below. Estimated population of Danville, VA MSA FMR area is 110,156 people based on latest Census data.

Compared to the rest of Virginia, the Danville FMR area is less expensive than 89% of the state.

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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 Danville. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Danville

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 $ 463
1-BR 1-Bedroom $ 464
2-BR 2-Bedroom $ 600
3-BR 3-Bedroom $ 748
4-BR 4-Bedroom $ 771
Change Year:

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

County / Region Est. Population
Pittsylvania County, VA Metro 61,745
Danville city, VA Metro 48,411
Zip Codes in Danville, VA MSA

There are 10 unique zip codes in this Fair Market Rent (FMR) area:

24069, 24161, 24527, 24531, 24540, 24541, 24549, 24563, 24566 and 24586

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