Rent by ZIP · Highland County
Rent in Monterey, VA 24465
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $940 (+3.3% vs FY2026). Renters in this ZIP code pay a median $850 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $770 | $740 | +4.1% | $693–847 | – |
| 1 bedroom | $780 | $750 | +4% | $702–858 | – |
| 2 bedrooms | $940 | $910 | +3.3% | $846–1,034 | $703 ±$119 |
| 3 bedrooms | $1,230 | $1,240 | -0.8% | $1,107–1,353 | – |
| 4 bedrooms | $1,460 | $1,440 | +1.4% | $1,314–1,606 | – |
Small Area FMRs for the Highland County, VA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Highland County, VA, 2 bedrooms: $943.
What renters pay in 24465
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 24464 | Montebello | $1,650 | – |
| 24467 | Mount Sidney | $1,140 | $720 |
| 24460 | Millboro | $940 | – |
| 24459 | Middlebrook | $1,220 | – |
| 24471 | Port Republic | $1,220 | – |
| 24472 | Raphine | $1,140 | $908 |
Fair Market Rents across Highland County, VA · All VA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.