FeaturesUse casesHow it worksPricingGuidesFAQAboutContactPro dashboardCheck a rent

Fair Market Rent · Virginia

Fair Market Rent in Montgomery County, VA

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

$1,043studio
$1,0501 bedroom
$1,3402 bedrooms
$1,7833 bedrooms
$2,0484 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Montgomery County is $1,340 a month, +5.4% from FY2026. Montgomery County is part of the Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area (a metro 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$1,043$910+14.6%$939–1,147
1 bedroom$1,050$993+5.7%$945–1,155
2 bedrooms$1,340$1,271+5.4%$1,206–1,474
3 bedrooms$1,783$1,706+4.5%$1,605–1,961
4 bedrooms$2,048$2,132-3.9%$1,843–2,253

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 Montgomery 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
24060Blacksburg$1,470$1,309$1,314
24061Blacksburg$1,470––
24073Christiansburg$1,310$1,082$1,168
24087Elliston$1,240$1,576$1,115
24138Pilot$1,150–$888
24149Riner$1,390–$643
24162Shawsville$1,150$1,073$1,043

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.