Logo Carroll County-Galax city Fair Market Rent FY 2017 Carroll County-Galax city, VA HUD Nonmetro FMR Area Rental Data

Fair Market Rent Prices in Carroll County-Galax city, VA :
$485 $549 $633 $886 $999
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 Carroll County-Galax city are low compared to the national average. This FMR area is less expensive than 68% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Carroll County-Galax city is $633 per month.

The previous year, rent for a two-bedroom home was $658 per month. This is a 3.8% decrease year-over-year.

This FMR rate applies to Indian Valley, VA, Lambsburg, VA, Dugspur, VA, Laurel Fork, VA, Ivanhoe, VA, Meadows Of Dan, VA, Fancy Gap, VA, Hiwassee, VA, Austinville, VA, Ararat, VA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY51035N51035.

Additionally, This Fair Market Rent (FMR) area Carroll County-Galax city, VA HUD Nonmetro FMR Area spans two counties or cities in Virginia which ares listed in the table below. Estimated population of Carroll County-Galax city, VA HUD Nonmetro FMR Area FMR area is 37,084 people based on 2010 Census data.

Compared to the rest of Virginia, the Carroll County-Galax city FMR area is less expensive than 69% 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 Carroll County-Galax city. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Carroll County-Galax 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 $ 485
1-BR 1-Bedroom $ 549
2-BR 2-Bedroom $ 633
3-BR 3-Bedroom $ 886
4-BR 4-Bedroom $ 999
Change Year:

The counties, cities, towns, and regions listed below fall into the Carroll County-Galax 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: Greensboro - H. Point - W. Salem and Roanoke - Lynchburg.

County / Region Est. Population
Carroll County, VA 30,042
Galax city, VA 7,042
Zip Codes in Carroll County-Galax city, VA HUD Nonmetro FMR Area

There are 16 unique zip codes in this Fair Market Rent (FMR) area:

24053, 24105, 24120, 24312, 24317, 24325, 24328, 24330, 24333, 24343, 24347, 24350, 24351, 24352, 24380 and 24381

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