County FMR · HUD FY2026

Carroll County Fair Market Rent

HUD's FY2026 Fair Market Rent for Carroll County, VA - 20% below the US average.

$770
1-bedroom FMR
$914
2-bedroom FMR
+9.1%
YoY change
-20%
vs US avg

The verdict

Carroll is the 5th cheapest of 133 counties in Virginia by 2-bedroom FMR; rent here has climbed 9.1% since FY 2025, a modest shift relative to most counties.

#5
cheapest of 133 in Virginia (2BR)
-35%
vs the state average
$30,800
income to afford it (30% rule)
+9.1%
YoY, FY2025→2026

Software Developers spend the smallest share of income on rent here (6.9%), while Fast Food and Counter Workers spend the most (31.8%); 14 of 15 common occupations here can afford a 1-bedroom at Fair Market Rent without exceeding the 30% threshold.

FY 2026 HUD Fair Market Rent for Carroll County, VA. Verify with HUD →

The Fair Market Rent for a 1-bedroom apartment in Carroll County, Virginia is $770 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $914/mo and a studio is $765/mo. This is 20% lower than the national average of $959 and 35% below the Virginia average of $1,182.

Rent increased9.1% from FY 2025 ($706), outpacing inflation. To afford rent here, a household needs at least $30,800/year based on the 30% affordability rule.

FY 2026 HUD Fair Market Rents in Virginia. Population: 29,126. Population has held roughly steady over the past five years (-2.0%, Census ACS). That's slower than Virginia's statewide growth of +2.9% over the same period.

What these rents mean for Carroll County

The Carroll County FMR area applies to all ZIP codes inside the county boundary, and Virginia's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.

Compared to the rest of the country, a 1-bedroom here is 20% below the US average of $959 and 35% lower than the Virginia state average of $1,182. Year-over-year, the 1-bedroom FMR moved from$706 in FY 2025 to $770 in FY 2026 - a change of +9.1%, which outpaces typical consumer inflation.

At the FY 2026 1-bedroom FMR of $770, affording it under the 30%-of-income rule takes $30,800 per year (about $2,567/month) in household income, and a 2-bedroom at $914 pushes that threshold even higher. With a population of 29,126 and a county median household income of $52,575, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.

Fair Market Rents (2026)

Studio
State avg: $1,137 · US avg: $893
$765/mo
↑ 9.1% YoY -33% vs state -14% vs US
1 Bedroom
State avg: $1,182 · US avg: $959
$770/mo
↑ 9.1% YoY -35% vs state -20% vs US
2 Bedroom
State avg: $1,369 · US avg: $1,175
$914/mo
↑ 7.4% YoY -33% vs state -22% vs US
3 Bedroom
State avg: $1,789 · US avg: $1,525
$1,271/mo
↑ 6.6% YoY -29% vs state -17% vs US
4 Bedroom
State avg: $2,128 · US avg: $1,756
$1,481/mo
↑ 5.6% YoY -30% vs state -16% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $701
$765
+$64 (+9.1%)
1 Bedroom $706
$770
+$64 (+9.1%)
2 Bedroom $851
$914
+$63 (+7.4%)
3 Bedroom $1,192
$1,271
+$79 (+6.6%)
4 Bedroom $1,402
$1,481
+$79 (+5.6%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$30,800
$2,567/month gross
Required annual income for 2 BR
$36,560
$3,047/month gross

Rent Burden Analysis

How much of household income goes to rent in Carroll County. The 30% threshold indicates cost burden.

Studio
17.5%
Affordable
Need $30,600/yr for 30% rule
1 Bedroom
17.6%
Affordable
Need $30,800/yr for 30% rule
2 Bedroom
20.9%
Affordable
Need $36,560/yr for 30% rule
3 Bedroom
29%
Affordable
Need $50,840/yr for 30% rule
4 Bedroom
33.8%
Burdened
Need $59,240/yr for 30% rule
How we calculate this

Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.

Carroll County 2-bedroom rent burden

0%100%National avg22%20.9%
Carroll County 2-bedroom rent burden
County median income: $52,575 · National avg burden: 21.7% ·View Virginia rent burden →

Where Carroll sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$914 higher than 14% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). This entry sits in this band. $1,000–$1,200: 723 counties (23%). Above this entry. $1,200–$1,400: 417 counties (13%). Above this entry. $1,400–$1,600: 181 counties (6%). Above this entry. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

How Carroll compares on 1-bedroom rent

1-bedroom FMR vs other Virginia counties

1BR FMR / mo

What this shows Carroll is highlighted. Nearby Virginia counties by 1-bedroom FMR, highest to lowest: Fairfax County ($2,015), Prince William County ($2,015), Loudoun County ($2,015), Virginia Beach city ($1,512), Chesterfield County ($1,507), Henrico County ($1,507), Carroll County (this county) ($770).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $770/mo compares to Virginia salaries for popular occupations (BLS wage data, 30%-of-income rule).

Occupation VA Salary Rent Burden Verdict
Software Developers $134,470 6.9% Affordable
General & Operations Managers $121,530 7.6% Affordable
Registered Nurses $88,820 10.4% Affordable
Accountants & Auditors $84,190 11% Affordable
Police & Sheriff's Patrol Officers $65,110 14.2% Affordable
Elementary School Teachers $62,270 14.8% Affordable
Electricians $61,610 15% Affordable
Paralegals & Legal Assistants $61,200 15.1% Affordable
Heavy & Tractor-Trailer Truck Drivers $54,500 17% Affordable
Pharmacy Technicians $42,490 21.7% Affordable
Customer Service Representatives $39,210 23.6% Affordable
Teaching Assistants $36,650 25.2% Affordable
Janitors & Cleaners $33,970 27.2% Affordable
Retail Salespersons $32,760 28.2% Affordable
Fast Food & Counter Workers $29,060 31.8% Stretched
Salaries: BLS OES (Virginia) median · 30% = affordable threshold · Try the salary calculator →

7-year Fair Market Rent history for Carroll County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Carroll (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 22.8% overall, from $627 to $770. Rent fell in 3 of the last 6 tracked years, including a 13.8% drop in FY 2024 - an unusual multi-year softening rather than the steady increases seen in most US counties.

$550$600$650$700$750$800 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $770
Carroll County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑9.1% $765 $770 $914
FY 2025 ↓3.6% $701 $706 $851
FY 2024 ↑13.8% $728 $732 $905
FY 2023 ↑7.7% $588 $643 $793
FY 2022 ↓2.9% $479 $597 $702
FY 2021 ↓1.9% $472 $615 $701
FY 2020 $482 $627 $714
Total change (6yr): +22.8%
Annualized: +3.5%/yr
1 BR: $627 → $770

Where Carroll County Ranks in Virginia

Carroll County is not part of any federally-designated metropolitan or micropolitan statistical area -- an independent rental market not administratively tied to a larger urban core. By 2-bedroom FMR, it ranks #5 of 133 counties in Virginia. Nearest by rank: Alleghany County ($914), Bland County ($914), Brunswick County ($914), Buchanan County ($914), Carroll County (this county) ($914), Charlotte County ($914), Covington city ($914), Danville city ($914), Dickenson County ($914), Galax city ($914), Grayson County ($914), Halifax County ($914), Henry County ($914).

Nearby Counties in Virginia

Largest counties by population in Virginia

Frequently Asked Questions

What is the average rent in Carroll County?
The FY 2026 Fair Market Rent for a 1-bedroom in Carroll County is $770 per month. A 2-bedroom is $914 and a studio is $765.
How does Carroll County rent compare to the national average?
Rent in Carroll County is 20% below the national average. A 1-bedroom here costs $770 compared to $959 nationally.
What income do I need to afford rent in Carroll County?
Based on the 30% affordability rule, you need an annual income of at least $30,800 ($2,567/month) to afford a 1-bedroom at Fair Market Rent in Carroll County.
Is rent going up or down in Carroll County?
The 1-bedroom Fair Market Rent in Carroll County increased by 9.1% from FY 2025 to FY 2026, going from $706 to $770.
Which jobs can afford rent in Carroll County?
Based on Virginia BLS salary data and the 30% affordability rule, jobs like Software Developers, General and Operations Managers, Registered Nurses can afford a 1-bedroom at $770/mo. 14 of 15 common occupations are affordable here.
How much has rent changed in Carroll County over time?
The 1-bedroom Fair Market Rent in Carroll County went from $627 in FY 2020 to $770 in FY 2026, a total change of +22.8% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Carroll County?
In Carroll County, the FY 2026 FMR of $770/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Carroll County?
For Carroll County, it's the specific 40th-percentile rent HUD publishes each year ($770/mo for a 1-bedroom in FY 2026).

What this means for renters

Treat Carroll's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.

  • Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $770 implies about $30,800/yr to rent without being cost-burdened. Run your numbers
  • Compare this county against nearby metros and states before signing a lease. Compare areas
  • See where it sits on the national rent map. View rankings

Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Carroll can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.