Virginia · FIPS 51003 · HUD FY 2027
Albemarle County, Virginia Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Albemarle County is $1,642 a month (rent plus utilities), 8% below the Virginia average of $1,792 and 7% below the U.S. average of $1,761. That is down $182 (10.0%) from FY 2026. At 30% of income, a household needs about $65,680 a year to afford it.
- $1,6422-bedroom FMR−$182 (−10.0%) vs FY 2026
- $1,4421-bedroom FMRVirginia: $1,596 · U.S.: $1,478
- $65,680Income for a 2-bedroom$32/hour full-time
- 45 of 1332BR rank in Virginia1 = highest rent
| Unit | Albemarle County FY 2027 | FY 2026 | Change | Virginia avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,279 | $1,421 | −$142 (−10.0%) | $1,536 | $1,379 | $51,160 |
| 1 bedroom | $1,442 | $1,602 | −$160 (−10.0%) | $1,596 | $1,478 | $57,680 |
| 2 bedrooms | $1,642 | $1,824 | −$182 (−10.0%) | $1,792 | $1,761 | $65,680 |
| 3 bedrooms | $1,997 | $2,218 | −$221 (−10.0%) | $2,326 | $2,266 | $79,880 |
| 4 bedrooms | $2,458 | $2,731 | −$273 (−10.0%) | $2,752 | $2,607 | $98,320 |
How Albemarle County compares
- HUD sets this rent for the Charlottesville, VA metro FMR area, which covers 224,335 residents in 5 counties.
- Across Virginia, 2-bedroom FMRs run from $943 (Wythe County) to $2,438 (Alexandria city).
- Studio to 4-bedroom: $1,279, $1,442, $1,642, $1,997, $2,458. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 15 ZIP codes mostly in Albemarle County (by land area), the 2-bedroom figure ranges from $1,650 to $1,940.
Small Area FMRs by ZIP code in Albemarle County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 22901 | $1,360 | $1,530 | $1,750 | $2,130 | $2,610 | −$190 (−9.8%) | 7% above |
| 22902 | $1,440 | $1,630 | $1,850 | $2,250 | $2,770 | −$200 (−9.8%) | 13% above |
| 22903 | $1,330 | $1,500 | $1,710 | $2,070 | $2,550 | −$180 (−9.5%) | 4% above |
| 22904 | $1,330 | $1,500 | $1,710 | $2,070 | $2,550 | −$180 (−9.5%) | 4% above |
| 22911 | $1,490 | $1,680 | $1,910 | $2,330 | $2,860 | −$210 (−9.9%) | 16% above |
| 22923 | $1,350 | $1,540 | $1,760 | $2,190 | $2,540 | −$90 (−4.9%) | 7% above |
| 22931 | $1,280 | $1,450 | $1,650 | $2,000 | $2,460 | +$90 (+5.8%) | about the same as |
| 22932 | $1,510 | $1,710 | $1,940 | $2,350 | $2,900 | −$210 (−9.8%) | 18% above |
| 22936 | $1,380 | $1,590 | $1,780 | $2,160 | $2,660 | −$190 (−9.6%) | 8% above |
| 22937 | $1,280 | $1,450 | $1,650 | $2,000 | $2,460 | +$90 (+5.8%) | about the same as |
| 22940 | $1,390 | $1,570 | $1,790 | $2,180 | $2,690 | −$190 (−9.6%) | 9% above |
| 22943 | $1,280 | $1,450 | $1,650 | $2,000 | $2,460 | −$100 (−5.7%) | about the same as |
| 22946 | $1,280 | $1,450 | $1,650 | $2,000 | $2,460 | +$90 (+5.8%) | about the same as |
| 22947 | $1,410 | $1,590 | $1,800 | $2,200 | $2,700 | −$190 (−9.5%) | 10% above |
| 22959 | $1,280 | $1,450 | $1,650 | $2,000 | $2,460 | +$90 (+5.8%) | about the same as |
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).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.