Virginia · FIPS 51113 · HUD FY 2027
Madison County, Virginia Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Madison County is $1,133 a month (rent plus utilities), 37% below the Virginia average of $1,792 and 36% below the U.S. average of $1,761. That is up $67 (6.3%) from FY 2026. At 30% of income, a household needs about $45,320 a year to afford it.
- $1,1332-bedroom FMR+$67 (+6.3%) vs FY 2026
- $1,0411-bedroom FMRVirginia: $1,596 · U.S.: $1,478
- $45,320Income for a 2-bedroom$22/hour full-time
- 78 of 1332BR rank in Virginia1 = highest rent
| Unit | Madison County FY 2027 | FY 2026 | Change | Virginia avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $960 | $923 | +$37 (+4.0%) | $1,536 | $1,379 | $38,400 |
| 1 bedroom | $1,041 | $971 | +$70 (+7.2%) | $1,596 | $1,478 | $41,640 |
| 2 bedrooms | $1,133 | $1,066 | +$67 (+6.3%) | $1,792 | $1,761 | $45,320 |
| 3 bedrooms | $1,515 | $1,483 | +$32 (+2.2%) | $2,326 | $2,266 | $60,600 |
| 4 bedrooms | $1,754 | $1,667 | +$87 (+5.2%) | $2,752 | $2,607 | $70,160 |
How Madison County compares
- Madison 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: $960, $1,041, $1,133, $1,515, $1,754. 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 16 ZIP codes mostly in Madison County (by land area), the 2-bedroom figure ranges from $1,060 to $1,370.
Small Area FMRs by ZIP code in Madison County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 22709 | $960 | $1,040 | $1,130 | $1,510 | $1,750 | +$60 (+5.6%) | about the same as |
| 22711 | $910 | $980 | $1,070 | $1,430 | $1,660 | +$80 (+8.1%) | 6% below |
| 22715 | $960 | $1,040 | $1,130 | $1,510 | $1,750 | +$60 (+5.6%) | about the same as |
| 22719 | $960 | $1,040 | $1,130 | $1,510 | $1,750 | +$60 (+5.6%) | about the same as |
| 22722 | $910 | $980 | $1,070 | $1,430 | $1,660 | +$80 (+8.1%) | 6% below |
| 22723 | $930 | $1,050 | $1,160 | $1,470 | $1,720 | +$120 (+11.5%) | 2% above |
| 22725 | $960 | $1,040 | $1,130 | $1,510 | $1,750 | +$60 (+5.6%) | about the same as |
| 22727 | $910 | $980 | $1,070 | $1,430 | $1,660 | +$80 (+8.1%) | 6% below |
| 22730 | $960 | $1,040 | $1,130 | $1,510 | $1,750 | +$60 (+5.6%) | about the same as |
| 22731 | $960 | $1,040 | $1,130 | $1,510 | $1,750 | +$60 (+5.6%) | about the same as |
| 22732 | $970 | $990 | $1,160 | $1,590 | $1,790 | +$30 (+2.7%) | 2% above |
| 22735 | $1,110 | $1,160 | $1,340 | $1,810 | $1,950 | +$60 (+4.7%) | 18% above |
| 22738 | $1,100 | $1,200 | $1,370 | $1,780 | $2,050 | +$10 (+0.7%) | 21% above |
| 22743 | $880 | $960 | $1,060 | $1,350 | $1,650 | +$70 (+7.1%) | 6% below |
| 22948 | $1,110 | $1,130 | $1,360 | $1,860 | $1,980 | +$90 (+7.1%) | 20% above |
| 22989 | $980 | $990 | $1,190 | $1,630 | $1,830 | +$20 (+1.7%) | 5% above |
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.