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RentData.org Logo Charlotte County Fair Market Rent FY 2016 Charlotte County, VA Rental Data

Fair Market Rent Prices in Charlotte County, VA :
$488 $492 $658 $817 $930
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 Charlotte County are very low compared to the national average. This FMR area is less expensive than 76% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Charlotte County is $658 per month.

The previous year, rent for a two-bedroom home was $643 per month. This is a 2.33% increase year-over-year.

This FMR rate applies to Randolph, VA, Wylliesburg, VA, Cullen, VA, Saxe, VA, Red Oak, VA, Phenix, VA, Drakes Branch, VA, Charlotte Court House, VA, Keysville, VA, Chase City, VA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY51037N51037.

Additionally, This Fair Market Rent (FMR) area Charlotte County, VA spans one county or city in Virginia which is listed in the table below. Estimated population of Charlotte County, VA FMR area is 12,586 people based on latest Census data.

Compared to the rest of Virginia, the Charlotte County FMR area is less expensive than 100% of the state.

Virginia Rents Map

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

Median Rent Prices in Charlotte County

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 $ 488
1-BR 1-Bedroom $ 492
2-BR 2-Bedroom $ 658
3-BR 3-Bedroom $ 817
4-BR 4-Bedroom $ 930
Change Year:

There is just one county (listed below) within the Charlotte County, VA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Roanoke - Lynchburg and Raleigh - Durham (Fayetvlle).

County / Region Est. Population
Charlotte County, VA 12,586
Zip Codes in Charlotte County, VA

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

23923, 23924, 23934, 23937, 23947, 23959, 23962, 23964, 23967 and 23976

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