St. Thomas Island Fair Market Rent FY 2020 St. Thomas Island, VI Rental Data

Fair Market Rent prices in St. Thomas Island are very high compared to the national average. This FMR area is more expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in St. Thomas Island is $1,152 per month.

The previous year, rent for a two-bedroom home was $1,123 per month. This is a 2.58% increase year-over-year.

This FMR rate applies to and other cities within the region. The Metro Code or CBSA code for this region is NCNTY78030N78030.

Additionally, This Fair Market Rent (FMR) area St. Thomas Island, VI spans one county or city in Virgin Islands which is listed in the table below. Estimated population of St. Thomas Island, VI FMR area is 51,181 people based on latest Census data.

Compared to the rest of Virgin Islands, the St. Thomas Island FMR area is more expensive than 50% of the state.

Median Rent Prices in St. Thomas Island

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.

50^th Percentile Rental Prices: