RentData.org

RentData.org Logo Henry County-Martinsville city Fair Market Rent FY 2018 Henry County-Martinsville city, VA HUD Nonmetro FMR Area Rental Data

Fair Market Rent Prices in Henry County-Martinsville city, VA :
$544 $547 $684 $935 $946
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Henry County-Martinsville city are low compared to the national average. This FMR area is less expensive than 67% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Henry County-Martinsville city is $684 per month.

The previous year, rent for a two-bedroom home was $633 per month. This is a 8.06% increase year-over-year.

This FMR rate applies to Stanleytown, VA, Callands, VA, Spencer, VA, Patrick Springs, VA, Fieldale, VA, Axton, VA, Collinsville, VA, Ridgeway, VA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY51089N51089.

Additionally, This Fair Market Rent (FMR) area Henry County-Martinsville city, VA HUD Nonmetro FMR Area spans two counties or cities in Virginia which ares listed in the table below. Estimated population of Henry County-Martinsville city, VA HUD Nonmetro FMR Area FMR area is 67,972 people based on latest Census data.

Compared to the rest of Virginia, the Henry County-Martinsville city FMR area is less expensive than 84% of the state.

Virginia Rents Map

Click on the map to view more another region.

See Nationwide Map

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 Henry County-Martinsville city. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Henry County-Martinsville city

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 $ 544
1-BR 1-Bedroom $ 547
2-BR 2-Bedroom $ 684
3-BR 3-Bedroom $ 935
4-BR 4-Bedroom $ 946
Change Year:

The counties, cities, towns, and regions listed below fall into the Henry County-Martinsville city, VA HUD Nonmetro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Roanoke - Lynchburg and Greensboro - H. Point - W. Salem.

County / Region Est. Population
Henry County, VA 54,151
Martinsville city, VA 13,821
Zip Codes in Henry County-Martinsville city, VA HUD Nonmetro FMR Area

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

24054, 24078, 24089, 24133, 24148, 24165, 24168 and 24530

Lookup Fair Market Rent by Zip Code
Top