Logo Giles County Fair Market Rent FY 2019 Giles County, VA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Giles County, VA :
$526 $529 $700 $877 $1,134
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 Giles County are low compared to the national average. This FMR area is less expensive than 58% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Giles County is $700 per month.

The previous year, rent for a two-bedroom home was $692 per month. This is a 1.16% increase year-over-year.

This FMR rate applies to Eggleston, VA, Glen Lyn, VA, Staffordsville, VA, Ripplemead, VA, Rich Creek, VA, Pembroke, VA and other cities within the region. The Metro Code or CBSA code for this region is METRO13980N51071.

Additionally, This Fair Market Rent (FMR) area Giles County, VA HUD Metro FMR Area spans one county or city in Virginia which is listed in the table below. Estimated population of Giles County, VA HUD Metro FMR Area FMR area is 17,286 people based on 2010 Census data.

Compared to the rest of Virginia, the Giles County FMR area is less expensive than 75% 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 Giles County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Giles 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 $ 526
1-BR 1-Bedroom $ 529
2-BR 2-Bedroom $ 700
3-BR 3-Bedroom $ 877
4-BR 4-Bedroom $ 1134
Change Year:

There is just one county (listed below) within the Giles County, VA HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Roanoke - Lynchburg.

County / Region Est. Population
Giles County, VA Metro 17,286
Zip Codes in Giles County, VA HUD Metro FMR Area

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

24086, 24093, 24136, 24147, 24150 and 24167

Lookup Fair Market Rent by Zip Code