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RentData.org Logo Blacksburg-Christiansburg-Radford Fair Market Rent FY 2020 Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Blacksburg-Christiansburg-Radford, VA :
$797 $872 $993 $1,432 $1,743
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Blacksburg-Christiansburg-Radford are very high compared to the national average. This FMR area is more expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Blacksburg-Christiansburg-Radford is $993 per month.

The previous year, rent for a two-bedroom home was $869 per month. This is a 14.27% increase year-over-year.

This FMR rate applies to Mc Coy, VA, New River, VA, Parrott, VA, Radford, VA, Elliston, VA, Christiansburg, VA, Blacksburg, VA and other cities within the region. The Metro Code or CBSA code for this region is METRO13980M13980.

Additionally, This Fair Market Rent (FMR) area Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area spans two counties or cities in Virginia which ares listed in the table below. Estimated population of Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area FMR area is 0 people based on 2000 Census data.

Compared to the rest of Virginia, the Blacksburg-Christiansburg-Radford FMR area is more 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 Blacksburg-Christiansburg-Radford. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Blacksburg-Christiansburg-Radford

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 $ 852
1-BR 1-Bedroom $ 933
2-BR 2-Bedroom $ 1062
3-BR 3-Bedroom $ 1532
4-BR 4-Bedroom $ 1865
Change Year:

The counties, cities, towns, and regions listed below fall into the Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area 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
Montgomery County, VA Metro 0
Radford city, VA Metro 0
Zip Codes in Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area

There are 11 unique zip codes in this Fair Market Rent (FMR) area:

24060, 24061, 24062, 24063, 24068, 24073, 24087, 24111, 24129, 24132 and 24142

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