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VA/Montgomery County/Christiansburg

Christiansburg, VA

CitySAFMR
Montgomery County
Found 2 ZIPs

City Median Investment Score

72Below average

095130300
BRFMR
Eff. Rent
0 BR$1,020 – $1,060$1,120 – $1,170
1 BR$1,030 – $1,070$1,130 – $1,150
2 BR$1,310 – $1,360$1,280 – $1,330
3 BR$1,740 – $1,810$1,680 – $1,810
4 BR$2,000 – $2,080$1,910 – $2,140
5 BR$2,346Not available
6 BR$2,698Not available
7 BR$3,103Not available
8 BR$3,568Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1
1
0.77-0.85
1 BR
1
1
0.79-0.89
2 BR
2
1.02-1.02
3 BR
1
1
1.00-1.04
4 BR
1
1
0.96-1.05
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Christiansburg, VA fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 2 ZIP codes in Christiansburg, VA ranges from $1,310 to $1,360 a month, with a median of $1,335. That is up 6.0% from $1,260 in FY 2026. Christiansburg 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 Christiansburg is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Christiansburg, VA
BedroomsFY 2027Change90–110% range
Studio$1,040+15.6%$936–$1,144
1BR$1,050+6.6%$945–$1,155
2BR$1,335+6.0%$1,202–$1,469
3BR$1,775+5.0%$1,598–$1,953
4BR$2,040−3.3%$1,836–$2,244

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Christiansburg, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,040$1,050$1,335$1,775$2,040
FY 2026$900$985$1,260$1,690$2,110
FY 2025$920$950$1,210$1,620$2,030
FY 2024$965$970$1,225$1,670$2,080
FY 2023$800$835$1,015$1,420$1,730

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
24068$1,360+1.9%
24073$1,310−1.9%

Questions about Christiansburg, VA rents

How much will Section 8 pay for a two-bedroom in Christiansburg, 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 $1,335 it would be $1,202 to $1,469. 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 Christiansburg, VA in?

Christiansburg, 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 Christiansburg, VA for FY 2027?

The two-bedroom FMR rose 6.0%, from $1,260 in FY 2026 to $1,335 in FY 2027. Since FY 2023 it has risen 31.5%.

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