Madison County
FY 2026 HUD Fair Market Rents in Virginia. Population: 13,828.
Fair Market Rents (2026)
Studio
National avg: $893
$923/mo
↑ 1.8% YoY
+3% vs US
1 Bedroom
National avg: $959
$971/mo
↑ 6.4% YoY
+1% vs US
2 Bedroom
National avg: $1,175
$1,066/mo
↓ 2.7% YoY
-9% vs US
3 Bedroom
National avg: $1,525
$1,483/mo
↑ 9.0% YoY
-3% vs US
4 Bedroom
National avg: $1,756
$1,667/mo
↑ 3.6% YoY
-5% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $907 | $923 | +$16 (+1.8%) |
| 1 Bedroom | $913 | $971 | +$58 (+6.4%) |
| 2 Bedroom | $1,096 | $1,066 | $-30 (-2.7%) |
| 3 Bedroom | $1,361 | $1,483 | +$122 (+9.0%) |
| 4 Bedroom | $1,609 | $1,667 | +$58 (+3.6%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$38,840
$3,237/month gross
Required annual income for 2 BR
$42,640
$3,553/month gross
Other Counties in Virginia
Smyth County
1 BR: $753/mo
Dickenson County
1 BR: $749/mo
Surry County
1 BR: $920/mo
Bristol city
1 BR: $818/mo
Stafford County
1 BR: $2,015/mo
Winchester city
1 BR: $1,255/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.