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Fair Market Rent · Virginia

Fair Market Rent in Henry County, VA

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$762studio
$7671 bedroom
$9432 bedrooms
$1,1443 bedrooms
$1,3214 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Henry County is $943 a month, +3.2% from FY2026. Henry County is part of the Henry County-Martinsville city, VA HUD Nonmetro FMR Area (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$762$749+1.7%$686–838
1 bedroom$767$753+1.9%$690–844
2 bedrooms$943$914+3.2%$849–1,037
3 bedrooms$1,144$1,096+4.4%$1,030–1,258
4 bedrooms$1,321$1,282+3%$1,189–1,453

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Henry County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
24054Axton$1,080$1,025$929
24055Bassett$940$541$580
24078Collinsville$940$719$747
24089Fieldale$1,040$711$1,037
24112Martinsville$980$772$790
24148Ridgeway$940$738$766
24165Spencer$1,210–$812
24168Stanleytown$960––

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.