Metro FMR area · VA · HUD FY 2027
Floyd County, VA Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Floyd County, VA area is $1,090 a month, 39% below the Virginia average and 38% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 12 ZIP codes range from $990 to $1,390.
- $1,0902-bedroom FMR−$4 (−0.4%) vs FY 2026
- $8331-bedroom FMRU.S.: $1,478
- $43,600Income for a 2-bedroomat 30% of income
- 15,593Residents1 county
| Unit | Floyd County, VA FY 2027 | FY 2026 | Change | Virginia avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $828 | $830 | −$2 (−0.2%) | $1,536 | $1,379 | $33,120 |
| 1 bedroom | $833 | $834 | −$1 (−0.1%) | $1,596 | $1,478 | $33,320 |
| 2 bedrooms | $1,090 | $1,094 | −$4 (−0.4%) | $1,792 | $1,761 | $43,600 |
| 3 bedrooms | $1,299 | $1,312 | −$13 (−1.0%) | $2,326 | $2,266 | $51,960 |
| 4 bedrooms | $1,440 | $1,448 | −$8 (−0.6%) | $2,752 | $2,607 | $57,600 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Floyd County, VA | 15,593 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,130.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 24059 | $1,090 | $1,130 | $1,330 | $1,810 | $2,150 | +$120 (+9.9%) | 22% above |
| 24072 | $840 | $840 | $1,090 | $1,350 | $1,520 | +$10 (+0.9%) | same |
| 24079 | $910 | $950 | $1,130 | $1,570 | $1,900 | no change | 4% above |
| 24091 | $840 | $850 | $1,110 | $1,320 | $1,470 | +$10 (+0.9%) | 2% above |
| 24105 | $750 | $760 | $990 | $1,190 | $1,350 | +$40 (+4.2%) | 9% below |
| 24120 | $760 | $760 | $990 | $1,210 | $1,430 | +$80 (+8.8%) | 9% below |
| 24138 | $820 | $900 | $1,150 | $1,540 | $1,920 | +$40 (+3.6%) | 6% above |
| 24141 | $920 | $960 | $1,180 | $1,570 | $1,920 | +$70 (+6.3%) | 8% above |
| 24149 | $1,100 | $1,100 | $1,390 | $1,890 | $2,350 | −$150 (−9.7%) | 28% above |
| 24162 | $850 | $900 | $1,150 | $1,540 | $1,920 | +$40 (+3.6%) | 6% above |
| 24352 | $780 | $780 | $990 | $1,250 | $1,460 | +$80 (+8.8%) | 9% below |
| 24380 | $750 | $760 | $990 | $1,190 | $1,340 | +$20 (+2.1%) | 9% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.