Fair Market Rent · Virginia
Fair Market Rent in Franklin city, VA
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Franklin city is $1,032 a month, -1.8% from FY2026. Franklin city is part of the Southampton County-Franklin city, VA HUD Nonmetro FMR Area (a non-metro county area).
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $874 | $811 | +7.8% | $787–961 |
| 1 bedroom | $897 | $817 | +9.8% | $807–987 |
| 2 bedrooms | $1,032 | $1,051 | -1.8% | $929–1,135 |
| 3 bedrooms | $1,392 | $1,346 | +3.4% | $1,253–1,531 |
| 4 bedrooms | $1,725 | $1,764 | -2.2% | $1,552–1,898 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.