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RentData.org Logo Rockbridge County-Buena Vista city-Lexington city Fair Market Rent FY 2019 Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr Rental Data

Fair Market Rent Prices in Rockbridge County-Buena Vista city-Lexington city, VA :
$514 $654 $778 $1,027 $1,294
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Rockbridge County-Buena Vista city-Lexington city are average compared to the national average. This FMR area is more expensive than 73% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Rockbridge County-Buena Vista city-Lexington city is $778 per month.

The previous year, rent for a two-bedroom home was $767 per month. This is a 1.43% increase year-over-year.

This FMR rate applies to Brownsburg, VA, Rockbridge Baths, VA, Natural Bridge, VA, Fairfield, VA, Glasgow, VA, Buena Vista, VA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY51163N51163.

Additionally, This Fair Market Rent (FMR) area Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr spans three counties or cities in Virginia which ares listed in the table below. Estimated population of Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr FMR area is 35,999 people based on 2010 Census data.

Compared to the rest of Virginia, the Rockbridge County-Buena Vista city-Lexington city FMR area is less expensive than 52% 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 Rockbridge County-Buena Vista city-Lexington city. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Rockbridge County-Buena Vista city-Lexington 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 $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

The counties, cities, towns, and regions listed below fall into the Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Roanoke - Lynchburg.

County / Region Est. Population
Buena Vista city, VA 6,650
Lexington city, VA 7,042
Rockbridge County, VA 22,307
Zip Codes in Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetr

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

24415, 24416, 24435, 24473, 24555 and 24578

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