Fair Market Rent · Virginia
Fair Market Rent in Lexington 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 Lexington city is $1,057 a month, +5.2% from FY2026. Lexington city is part of the Rockbridge County-Buena Vista city-Lexington 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 | $896 | $870 | +3% | $806–986 |
| 1 bedroom | $971 | $917 | +5.9% | $874–1,068 |
| 2 bedrooms | $1,057 | $1,005 | +5.2% | $951–1,163 |
| 3 bedrooms | $1,464 | $1,398 | +4.7% | $1,318–1,610 |
| 4 bedrooms | $1,767 | $1,686 | +4.8% | $1,590–1,944 |
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.