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RentData.org Logo Lynchburg Fair Market Rent FY 2018 Lynchburg, VA MSA Rental Data

Fair Market Rent Prices in Lynchburg, VA :
$568 $636 $793 $1,079 $1,281
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 Lynchburg 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 Lynchburg is $793 per month.

The previous year, rent for a two-bedroom home was $789 per month. This is a 0.51% increase year-over-year.

This FMR rate applies to Naruna, VA, Coleman Falls, VA, Tyro, VA, Evergreen, VA, Sweet Briar, VA, Red House, VA, Pittsville, VA, Clifford, VA, Lowry, VA, Vesuvius, VA and other cities within the region. The Metro Code or CBSA code for this region is METRO31340M31340.

Additionally, This Fair Market Rent (FMR) area Lynchburg, VA MSA spans six counties or cities in which ares listed in the table below. Estimated population of Lynchburg, VA MSA FMR area is 252,634 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 Lynchburg. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lynchburg

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 $ 608
1-BR 1-Bedroom $ 680
2-BR 2-Bedroom $ 848
3-BR 3-Bedroom $ 1154
4-BR 4-Bedroom $ 1370
Change Year:

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

County / Region Est. Population
Amherst County, VA Metro 32,353
Appomattox County, VA Metro 14,973
Bedford County, VA Metro 68,676
Campbell County, VA Metro 54,842
Bedford city, VA Metro 6,222
Lynchburg city, VA Metro 75,568
Zip Codes in Lynchburg, VA MSA

There are 47 unique zip codes in this Fair Market Rent (FMR) area:

22922, 22967, 22976, 23939, 23958, 23960, 23963, 24064, 24095, 24101, 24104, 24121, 24122, 24139, 24174, 24179, 24483, 24501, 24502, 24503, 24504, 24506, 24513, 24514, 24517, 24521, 24522, 24523, 24526, 24528, 24533, 24536, 24538, 24550, 24551, 24553, 24554, 24556, 24569, 24570, 24571, 24572, 24574, 24576, 24588, 24593 and 24595

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