Virgin Islands (VI) has the
9th highest rent in the country out of 56 states and territories. The Fair Market Rent in Virgin Islands
$1,040 for a 2-bedroom apartment in
St. Croix Island, VI
to $1,633 for a 2-bedroom unit in
St. John Island, VI.
For FY 2021, the St. John Island, VI (St. John Island) rent for a studio or efficiency is $1,109 per month and $2,214 per month to rent a house or an apartment with 4 bedrooms.
The average Fair Market Rent for a 2-bedroom home in Virgin Islands is $1,292 per month.
Approximately 15% of Americans qualify for some level of housing assistance. The population in
Virgin Islands is around 108,612 people. So, there are around 16,292 people in Virgin Islands who could be receiving housing benefits from the HUD.
Click on your region in the list below or on the map to see a more detailed break down of rental prices.
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 Virgin Islands.
Fair Market Rent is the 40th-percentile of typical rentals in a given region.