County FMR · HUD FY2026
Richmond County Fair Market Rent
HUD's FY2026 Fair Market Rent for Richmond County, VA - 8% below the US average.
- $882
- 1-bedroom FMR
- $1,157
- 2-bedroom FMR
- +9.4%
- YoY change
- -8%
- vs US avg
The verdict
Richmond is the 54th cheapest of 133 counties in Virginia by 2-bedroom FMR; rent here has climbed 9.4% since FY 2025, a modest shift relative to most counties.
- #54
- cheapest of 133 in Virginia (2BR)
- -25%
- vs the state average
- $35,280
- income to afford it (30% rule)
- +9.4%
- YoY, FY2025→2026
Software Developers spend the smallest share of income on rent here (7.9%), while Fast Food and Counter Workers spend the most (36.4%).
FY 2026 HUD Fair Market Rent for Richmond County, VA. Verify with HUD →
Richmond County, Virginia carries an FY 2026 1-bedroom Fair Market Rent of $882 per month, the federal benchmark HUD publishes for this county. A 2-bedroom costs $1,157/mo and a studio is $876/mo. That's 8% below the national benchmark of $959 and 25% below the Virginia average of $1,182.
Rent increased9.4% from FY 2025 ($806), outpacing inflation. To afford rent here, a household needs at least $35,280/year based on the 30% affordability rule.
FY 2026 HUD Fair Market Rents in Virginia. Population: 8,968. Population has held roughly steady over the past five years (+1.9%, Census ACS). That's in line with Virginia's statewide growth of +2.9% over the same period.
What these rents mean for Richmond County
The Richmond 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 8% below the US average of $959 and 25% lower than the Virginia state average of $1,182. The 1-bedroom FMR went from$806 in FY 2025 to $882 in FY 2026 - a change of +9.4%, which outpaces typical consumer inflation.
At the FY 2026 1-bedroom FMR of $882, affording it under the 30%-of-income rule takes $35,280 per year (about $2,940/month) in household income, and a 2-bedroom at $1,157 pushes that threshold even higher. With a population of 8,968 and a county median household income of $64,184, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $801 | $876 | +$75 (+9.4%) |
| 1 Bedroom | $806 | $882 | +$76 (+9.4%) |
| 2 Bedroom | $1,056 | $1,157 | +$101 (+9.6%) |
| 3 Bedroom | $1,338 | $1,464 | +$126 (+9.4%) |
| 4 Bedroom | $1,773 | $1,825 | +$52 (+2.9%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Rent Burden Analysis
How much of household income goes to rent in Richmond County. The 30% threshold indicates cost burden.
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.
Richmond County 2-bedroom rent burden
Where Richmond sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,157 Top 35% higher than 65% of 3,145 counties
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 Richmond compares on 1-bedroom rent
1-bedroom FMR vs other Virginia counties
- Fairfax
Fairfax County
$2,015 1BR FMR / mo
- Prince William
Prince William County
$2,015 1BR FMR / mo
- Loudoun
Loudoun County
$2,015 1BR FMR / mo
- Virginia Beach city
Virginia Beach city
$1,512 1BR FMR / mo
- Chesterfield
Chesterfield County
$1,507 1BR FMR / mo
- Henrico
Henrico County
$1,507 1BR FMR / mo
- Richmond
Richmond County
$882 1BR FMR / mo
What this shows Richmond 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), Richmond County (this county) ($882).
Can Common Jobs Afford Rent Here?
How a 1-bedroom at $882/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 | 7.9% | Affordable |
| General & Operations Managers | $121,530 | 8.7% | Affordable |
| Registered Nurses | $88,820 | 11.9% | Affordable |
| Accountants & Auditors | $84,190 | 12.6% | Affordable |
| Police & Sheriff's Patrol Officers | $65,110 | 16.3% | Affordable |
| Elementary School Teachers | $62,270 | 17% | Affordable |
| Electricians | $61,610 | 17.2% | Affordable |
| Paralegals & Legal Assistants | $61,200 | 17.3% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $54,500 | 19.4% | Affordable |
| Pharmacy Technicians | $42,490 | 24.9% | Affordable |
| Customer Service Representatives | $39,210 | 27% | Affordable |
| Teaching Assistants | $36,650 | 28.9% | Affordable |
| Janitors & Cleaners | $33,970 | 31.2% | Stretched |
| Retail Salespersons | $32,760 | 32.3% | Stretched |
| Fast Food & Counter Workers | $29,060 | 36.4% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Richmond County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Richmond (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 30.5% overall, from $676 to $882. The path there hasn't been smooth: year-over-year moves have swung by as much as 14.5% (FY 2024), a volatility pattern that makes single-year comparisons a poor guide to the underlying trend.
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↑9.4% | $876 | $882 | $1,157 |
| FY 2025 ↓9.9% | $801 | $806 | $1,056 |
| FY 2024 ↑14.5% | $889 | $895 | $1,110 |
| FY 2023 ↑13.7% | $723 | $782 | $975 |
| FY 2022 ↑5.4% | $590 | $688 | $864 |
| FY 2021 ↓3.4% | $580 | $653 | $861 |
| FY 2020 | $600 | $676 | $890 |
Where Richmond County Ranks in Virginia
Richmond 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 #54 of 133 counties in Virginia. Nearest by rank: Southampton County ($1,051), Lancaster County ($1,052), Accomack County ($1,054), Madison County ($1,066), Shenandoah County ($1,091), Floyd County ($1,094), Prince Edward County ($1,094), Essex County ($1,113), Richmond County (this county) ($1,157), Amherst County ($1,187), Appomattox County ($1,187), Bedford County ($1,187), Campbell County ($1,187), Lynchburg city ($1,187), Westmoreland County ($1,194), Orange County ($1,234), Caroline County ($1,246).
Nearby Counties in Virginia
Largest counties by population in Virginia
Frequently Asked Questions
What is the average rent in Richmond County? ▼
How does Richmond County rent compare to the national average? ▼
What income do I need to afford rent in Richmond County? ▼
Is rent going up or down in Richmond County? ▼
Which jobs can afford rent in Richmond County? ▼
How much has rent changed in Richmond County over time? ▼
How does Fair Market Rent affect Section 8 vouchers in Richmond County? ▼
What does Fair Market Rent mean for Richmond County? ▼
What this means for renters
Treat Richmond'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 $882 implies about $35,280/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 Richmond 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.