Rent comparison · HUD FY2026
Richmond, VA HUD Metro FMR Area vs Charlottesville, VA MSA
How do Richmond, VA HUD Metro FMR Area and Charlottesville, VA MSA rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.
- $1,507
- Richmond, VA HUD Metro FMR Area (1BR)
- $1,602
- Charlottesville, VA MSA (1BR)
- −6%
- 1BR difference
Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).
A 1-bedroom in Richmond, VA HUD Metro FMR Area is 6% cheaper than Charlottesville, VA MSA at the HUD Fair Market Rent level ($1,507 vs $1,602). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.
How Do Rents Compare By Bedroom?
| Bedrooms | Richmond, VA HUD Metro FMR Area | Charlottesville, VA MSA | Difference |
|---|---|---|---|
| Studio | $1,442 | $1,421 | +$21 (+1%) |
| 1 Bedroom | $1,507 | $1,602 | −$95 (-6%) |
| 2 Bedroom | $1,655 | $1,824 | −$169 (-9%) |
| 3 Bedroom | $2,072 | $2,218 | −$146 (-7%) |
| 4 Bedroom | $2,553 | $2,731 | −$178 (-7%) |
vs US National Average
National average 1BR: $959. Richmond, VA HUD Metro FMR Area is 57% above the US average. Charlottesville, VA MSA is 67% above.
Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).