Logo Lynchburg Fair Market Rent FY 2015 Lynchburg, VA MSA Rental Data

Fair Market Rent Prices in Lynchburg, VA :
$559 $611 $746 $955 $1,100
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Lynchburg are high compared to the national average. This FMR area is more expensive than 77% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lynchburg is $746 per month.

The previous year, rent for a two-bedroom home was $657 per month. This is a 13.55% increase year-over-year.

This FMR rate applies to Pittsville, VA, Lowry, VA, Sweet Briar, VA, Tyro, VA, Evergreen, VA, Clifford, VA, Naruna, VA, Coleman Falls, VA, Red House, VA, Vesuvius, VA and other cities within the region. The Metro Code or CBSA code for this region is METRO31340M31340.

Additionally, This Fair Market Rent (FMR) area Lynchburg, VA MSA spans six counties or cities in Virginia which ares listed in the table below. Estimated population of Lynchburg, VA MSA FMR area is 252,634 people based on 2010 Census data.

Compared to the rest of Virginia, the Lynchburg FMR area is more expensive than 54% 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 Lynchburg. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lynchburg

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 $ 594
1-BR 1-Bedroom $ 650
2-BR 2-Bedroom $ 793
3-BR 3-Bedroom $ 1015
4-BR 4-Bedroom $ 1170
Change Year:

The counties, cities, towns, and regions listed below fall into the Lynchburg, VA MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Roanoke - Lynchburg and Richmond - Petersburg.

County / Region Est. Population
Amherst County, VA Metro 32,353
Appomattox County, VA Metro 14,973
Bedford city, VA Metro 6,222
Bedford County, VA Metro 68,676
Campbell County, VA Metro 54,842
Lynchburg city, VA Metro 75,568
Zip Codes in Lynchburg, VA MSA

There are 47 unique zip codes in this Fair Market Rent (FMR) area:

22922, 22967, 22976, 23939, 23958, 23960, 23963, 24064, 24095, 24101, 24104, 24121, 24122, 24139, 24174, 24179, 24483, 24501, 24502, 24503, 24504, 24506, 24513, 24514, 24517, 24521, 24522, 24523, 24526, 24528, 24533, 24536, 24538, 24550, 24551, 24553, 24554, 24556, 24569, 24570, 24571, 24572, 24574, 24576, 24588, 24593 and 24595

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