Logo Highland County Fair Market Rent FY 2019 Highland County, VA Rental Data

Fair Market Rent Prices in Highland County, VA :
$470 $563 $700 $931 $1,082
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 Highland County are low compared to the national average. This FMR area is less expensive than 60% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Highland County is $700 per month.

The previous year, rent for a two-bedroom home was $684 per month. This is a 2.34% increase year-over-year.

This FMR rate applies to Blue Grass, VA, Doe Hill, VA, Head Waters, VA, Mc Dowell, VA, Mustoe, VA, Monterey, VA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY51091N51091.

Additionally, This Fair Market Rent (FMR) area Highland County, VA spans one county or city in Virginia which is listed in the table below. Estimated population of Highland County, VA FMR area is 2,321 people based on 2010 Census data.

Compared to the rest of Virginia, the Highland County FMR area is less expensive than 79% 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 Highland County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Highland 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 $ 470
1-BR 1-Bedroom $ 563
2-BR 2-Bedroom $ 700
3-BR 3-Bedroom $ 931
4-BR 4-Bedroom $ 1082
Change Year:

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

County / Region Est. Population
Highland County, VA 2,321
Zip Codes in Highland County, VA

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

24413, 24433, 24442, 24458, 24465 and 24468

Lookup Fair Market Rent by Zip Code