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VA/Montgomery County/Blacksburg

Blacksburg, VA

CitySAFMR
Montgomery County
Found 4 ZIPs
Zillow

City Median Investment Score

69Below average

095130300
BRFMR
Eff. Rent
0 BR$1,060 – $1,140$1,090 – $1,250
1 BR$1,070 – $1,150$1,170 – $1,270
2 BR$1,360 – $1,470$1,460 – $1,570
3 BR$1,810 – $1,960$1,770 – $2,160
4 BR$2,080 – $2,250$2,160 – $2,440
5 BR$2,490Not available
6 BR$2,863Not available
7 BR$3,293Not available
8 BR$3,787Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
2
0.83-0.96
1 BR
2
0.81-0.93
2 BR
2
0.89-0.98
3 BR
2
0.87-1.07
4 BR
3
0.89-0.96
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Blacksburg, VA fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 4 ZIP codes in Blacksburg, VA ranges from $1,360 to $1,470 a month, with a median of $1,415. That is up 5.6% from $1,340 in FY 2026. Blacksburg is in the Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,340. The median county two-bedroom FMR in Virginia is $1,262, so Blacksburg is 12% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Blacksburg, VA
BedroomsFY 2027Change90–110% range
Studio$1,100+14.6%$990–$1,210
1BR$1,110+5.7%$999–$1,221
2BR$1,415+5.6%$1,274–$1,557
3BR$1,885+4.7%$1,697–$2,074
4BR$2,165−3.6%$1,949–$2,382

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Blacksburg, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,100$1,110$1,415$1,885$2,165
FY 2026$960$1,050$1,340$1,800$2,245
FY 2025$965$1,010$1,285$1,720$2,160
FY 2024$1,020$1,020$1,290$1,760$2,190
FY 2023$840$880$1,070$1,500$1,820

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
24060$1,470+3.9%
24061$1,470+3.9%
24062$1,360−3.9%
24063$1,360−3.9%

Questions about Blacksburg, VA rents

How much will Section 8 pay for a two-bedroom in Blacksburg, VA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,340, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,206 to $1,474 a month; under the ZIP-level Small Area FMR of $1,415 it would be $1,274 to $1,557. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Blacksburg, VA in?

Blacksburg, VA is in the Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,340.

How much did fair market rent change in Blacksburg, VA for FY 2027?

The two-bedroom FMR rose 5.6%, from $1,340 in FY 2026 to $1,415 in FY 2027. Since FY 2023 it has risen 32.2%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentVA statewide rentsWhat is SAFMR?Data sources