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Albemarle County, VA

CountySAFMR
Found 29 ZIPs
Zillow

County Median Investment Score

62Below average

095130300
BRFMR
Eff. Rent
0 BR$1,280 – $1,510$1,280 – $1,660
1 BR$1,450 – $1,710$1,450 – $1,870
2 BR$1,650 – $1,940$1,650 – $2,040
3 BR$2,000 – $2,350$2,000 – $2,430
4 BR$2,460 – $2,900$1,780 – $3,050
5 BR$2,829Not available
6 BR$3,253Not available
7 BR$3,741Not available
8 BR$4,303Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
3
3
0.66-1.01
1 BR
4
4
0.78-1.06
2 BR
4
4
0.73-0.94
3 BR
4
0.74-1.04
4 BR
4
0.68-1.38
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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Albemarle County, VA fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 29 ZIP codes in Albemarle County, VA ranges from $1,650 to $1,940 a month, with a median of $1,650. That is down 5.7% from $1,750 in FY 2026. Albemarle County is in the Charlottesville, VA MSA. 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 $1,642. The median county two-bedroom FMR in Virginia is $1,262, so Albemarle County is 31% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Albemarle County, VA
BedroomsFY 2027Change90–110% range
Studio$1,280−7.2%$1,152–$1,408
1BR$1,450−5.8%$1,305–$1,595
2BR$1,650−5.7%$1,485–$1,815
3BR$2,000−7.4%$1,800–$2,200
4BR$2,460−6.5%$2,214–$2,706

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Albemarle County, VA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,280$1,450$1,650$2,000$2,460
FY 2026$1,380$1,540$1,750$2,160$2,630
FY 2025$1,380$1,450$1,695$2,140$2,590
FY 2024$1,300$1,320$1,565$1,975$2,440
FY 2023$1,100$1,110$1,320$1,645$2,040

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
22932$1,940+17.6%
22911$1,910+15.8%
22902$1,850+12.1%
22947$1,800+9.1%
22940$1,790+8.5%
22936$1,780+7.9%
22923$1,760+6.7%
22901$1,750+6.1%
22924$1,740+5.5%
22945$1,740+5.5%
22903$1,710+3.6%
22904$1,710+3.6%
22974$1,660+0.6%
22908$1,6500.0%
22920$1,6500.0%
22931$1,6500.0%
22935$1,6500.0%
22937$1,6500.0%
22938$1,6500.0%
22942$1,6500.0%
22943$1,6500.0%
22946$1,6500.0%
22959$1,6500.0%
22968$1,6500.0%

Showing the 24 highest of 27 ZIP codes.

Questions about Albemarle County, VA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,642, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,478 to $1,806 a month; under the ZIP-level Small Area FMR of $1,650 it would be $1,485 to $1,815. 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 Albemarle County, VA in?

Albemarle County, VA is in the Charlottesville, VA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,642.

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

The two-bedroom FMR fell 5.7%, from $1,750 in FY 2026 to $1,650 in FY 2027. Since FY 2023 it has risen 25.0%.

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

VA statewide rentsWhat is SAFMR?Data sources