Lee County
FY 2026 HUD Fair Market Rents in Virginia. Population: 22,287.
Fair Market Rents (2026)
Studio
National avg: $893
$693/mo
↑ 0.7% YoY
-22% vs US
1 Bedroom
National avg: $959
$697/mo
↓ 0.1% YoY
-27% vs US
2 Bedroom
National avg: $1,175
$914/mo
↑ 7.4% YoY
-22% vs US
3 Bedroom
National avg: $1,525
$1,226/mo
↑ 10.7% YoY
-20% vs US
4 Bedroom
National avg: $1,756
$1,429/mo
↑ 7.4% YoY
-19% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $688 | $693 | +$5 (+0.7%) |
| 1 Bedroom | $698 | $697 | $-1 (-0.1%) |
| 2 Bedroom | $851 | $914 | +$63 (+7.4%) |
| 3 Bedroom | $1,107 | $1,226 | +$119 (+10.7%) |
| 4 Bedroom | $1,330 | $1,429 | +$99 (+7.4%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$27,880
$2,323/month gross
Required annual income for 2 BR
$36,560
$3,047/month gross
Other Counties in Virginia
Bristol city
1 BR: $818/mo
Radford city
1 BR: $993/mo
York County
1 BR: $1,512/mo
Bath County
1 BR: $801/mo
Smyth County
1 BR: $753/mo
Giles County
1 BR: $898/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.