Virginia · FIPS 51109 · HUD FY 2027
Louisa County, Virginia Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Louisa County is $1,291 a month (rent plus utilities), 28% below the Virginia average of $1,792 and 27% below the U.S. average of $1,761. That is up $44 (3.5%) from FY 2026. At 30% of income, a household needs about $51,640 a year to afford it.
- $1,2912-bedroom FMR+$44 (+3.5%) vs FY 2026
- $1,1861-bedroom FMRVirginia: $1,596 · U.S.: $1,478
- $51,640Income for a 2-bedroom$25/hour full-time
- 64 of 1332BR rank in Virginia1 = highest rent
| Unit | Louisa County FY 2027 | FY 2026 | Change | Virginia avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,094 | $1,080 | +$14 (+1.3%) | $1,536 | $1,379 | $43,760 |
| 1 bedroom | $1,186 | $1,138 | +$48 (+4.2%) | $1,596 | $1,478 | $47,440 |
| 2 bedrooms | $1,291 | $1,247 | +$44 (+3.5%) | $1,792 | $1,761 | $51,640 |
| 3 bedrooms | $1,788 | $1,734 | +$54 (+3.1%) | $2,326 | $2,266 | $71,520 |
| 4 bedrooms | $1,998 | $1,950 | +$48 (+2.5%) | $2,752 | $2,607 | $79,920 |
How Louisa County compares
- Louisa County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Virginia, 2-bedroom FMRs run from $943 (Wythe County) to $2,438 (Alexandria city).
- Studio to 4-bedroom: $1,094, $1,186, $1,291, $1,788, $1,998. 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 4 ZIP codes mostly in Louisa County (by land area), the 2-bedroom figure ranges from $1,140 to $1,650.
Small Area FMRs by ZIP code in Louisa County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 22942 | $1,280 | $1,450 | $1,650 | $2,000 | $2,460 | +$90 (+5.8%) | 28% above |
| 23024 | $1,070 | $1,150 | $1,260 | $1,710 | $1,940 | +$20 (+1.6%) | 2% below |
| 23093 | $1,300 | $1,450 | $1,650 | $2,000 | $2,460 | +$90 (+5.8%) | 28% above |
| 23117 | $970 | $1,050 | $1,140 | $1,560 | $1,760 | −$20 (−1.7%) | 12% 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).
- 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.