County FMR · HUD FY2026

Salem city Fair Market Rent

HUD's FY2026 Fair Market Rent for Salem city, VA - 10% above the US average.

$1,053
1-bedroom FMR
$1,254
2-bedroom FMR
+11.1%
YoY change
+10%
vs US avg

The verdict

Salem city is the 65th most expensive of 133 counties in Virginia by 2-bedroom FMR; rent here has climbed 11.1% since FY 2025, a sharp move relative to most counties.

#65
most expensive of 133 in Virginia (2BR)
-11%
vs the state average
$42,120
income to afford it (30% rule)
+11.1%
YoY, FY2025→2026

Software Developers spend the smallest share of income on rent here (9.4%), while Fast Food and Counter Workers spend the most (43.5%).

FY 2026 HUD Fair Market Rent for Salem city, VA. Verify with HUD →

HUD sets the FY 2026 1-bedroom Fair Market Rent for Salem city, Virginia at $1,053 per month - the federal rental-assistance benchmark for this county. A 2-bedroom costs $1,254/mo and a studio is $1,004/mo. This is 10% higher than the national average of $959 and 11% below the Virginia average of $1,182.

Rent increased11.1% from FY 2025 ($948), outpacing inflation. To afford rent here, a household needs at least $42,120/year based on the 30% affordability rule.

FY 2026 HUD Fair Market Rents in Virginia. Population: 25,372. Population has held roughly steady over the past five years (-0.2%, Census ACS). That's slower than Virginia's statewide growth of +2.9% over the same period.

What these rents mean for Salem city

The Salem city 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.

Salem city's 1-bedroom rent runs 10% above the US average of $959 and 11% lower than the Virginia state average of $1,182. Over the past year, 1-bedroom rent here shifted from$948 in FY 2025 to $1,053 in FY 2026 - a change of +11.1%, which outpaces typical consumer inflation.

At the FY 2026 1-bedroom FMR of $1,053, affording it under the 30%-of-income rule takes $42,120 per year (about $3,510/month) in household income, and a 2-bedroom at $1,254 pushes that threshold even higher. With a population of 25,372 and a county median household income of $66,716, 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
$1,004/mo
↑ 12.6% YoY -12% vs state +12% vs US
1 Bedroom
State avg: $1,182 · US avg: $959
$1,053/mo
↑ 11.1% YoY -11% vs state +10% vs US
2 Bedroom
State avg: $1,369 · US avg: $1,175
$1,254/mo
↑ 9.9% YoY -8% vs state +7% vs US
3 Bedroom
State avg: $1,789 · US avg: $1,525
$1,743/mo
↑ 9.1% YoY -3% vs state +14% vs US
4 Bedroom
State avg: $2,128 · US avg: $1,756
$2,104/mo
↑ 11.6% YoY -1% vs state +20% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $892
$1,004
+$112 (+12.6%)
1 Bedroom $948
$1,053
+$105 (+11.1%)
2 Bedroom $1,141
$1,254
+$113 (+9.9%)
3 Bedroom $1,597
$1,743
+$146 (+9.1%)
4 Bedroom $1,885
$2,104
+$219 (+11.6%)

Affordability Snapshot

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

Required annual income for 1 BR
$42,120
$3,510/month gross
Required annual income for 2 BR
$50,160
$4,180/month gross

Rent Burden Analysis

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

Studio
18.1%
Affordable
Need $40,160/yr for 30% rule
1 Bedroom
18.9%
Affordable
Need $42,120/yr for 30% rule
2 Bedroom
22.6%
Affordable
Need $50,160/yr for 30% rule
3 Bedroom
31.4%
Burdened
Need $69,720/yr for 30% rule
4 Bedroom
37.8%
Burdened
Need $84,160/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.

Salem city 2-bedroom rent burden

0%100%National avg22%22.6%
Salem city 2-bedroom rent burden
County median income: $66,716 · National avg burden: 21.7% ·View Virginia rent burden →

Where Salem city sits among every US county

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

$1,254 Top 28% higher than 72% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). Below this entry. $1,000–$1,200: 723 counties (23%). Below this entry. $1,200–$1,400: 417 counties (13%). This entry sits in this band. $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 Salem city compares on 1-bedroom rent

1-bedroom FMR vs other Virginia counties

1BR FMR / mo

What this shows Salem city 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), Salem city (this county) ($1,053).

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

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $1,053/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 9.4% Affordable
General & Operations Managers $121,530 10.4% Affordable
Registered Nurses $88,820 14.2% Affordable
Accountants & Auditors $84,190 15% Affordable
Police & Sheriff's Patrol Officers $65,110 19.4% Affordable
Elementary School Teachers $62,270 20.3% Affordable
Electricians $61,610 20.5% Affordable
Paralegals & Legal Assistants $61,200 20.6% Affordable
Heavy & Tractor-Trailer Truck Drivers $54,500 23.2% Affordable
Pharmacy Technicians $42,490 29.7% Affordable
Customer Service Representatives $39,210 32.2% Stretched
Teaching Assistants $36,650 34.5% Stretched
Janitors & Cleaners $33,970 37.2% Stretched
Retail Salespersons $32,760 38.6% Stretched
Fast Food & Counter Workers $29,060 43.5% Stretched
Salaries: BLS OES (Virginia) median · 30% = affordable threshold · Try the salary calculator →

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

Over the 6-year span HUD has tracked for Salem city (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 57.6% overall, from $668 to $1,053. Most of that movement was gradual except for a single sharp jump of +14.7% in FY 2023, well above this county's typical year-to-year change.

$600$700$800$900$1,000$1,100 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $1,053
Salem city 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑11.1% $1,004 $1,053 $1,254
FY 2025 ↑6.0% $892 $948 $1,141
FY 2024 ↑11.3% $811 $894 $1,088
FY 2023 ↑14.7% $723 $803 $990
FY 2022 ↓5.8% $617 $700 $879
FY 2021 ↑11.2% $641 $743 $941
FY 2020 $555 $668 $844
Total change (6yr): +57.6%
Annualized: +7.9%/yr
1 BR: $668 → $1,053

Part of the Roanoke, VA Metro Area

Salem city is a central county of the Roanoke, VA metropolitan statistical area, alongside 5 other metro-area counties.

Salem city ranks #5 of 6 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Roanoke city ($1,053), Roanoke County ($1,053), Botetourt County ($1,053), Craig County ($1,053), Salem city (this county) ($1,053), Franklin County ($861).

Nearby Counties in Virginia

Largest counties by population in Virginia

Frequently Asked Questions

What is the average rent in Salem city?
The FY 2026 Fair Market Rent for a 1-bedroom in Salem city is $1,053 per month. A 2-bedroom is $1,254 and a studio is $1,004.
How does Salem city rent compare to the national average?
Rent in Salem city is 10% above the national average. A 1-bedroom here costs $1,053 compared to $959 nationally.
What income do I need to afford rent in Salem city?
Based on the 30% affordability rule, you need an annual income of at least $42,120 ($3,510/month) to afford a 1-bedroom at Fair Market Rent in Salem city.
Is rent going up or down in Salem city?
The 1-bedroom Fair Market Rent in Salem city increased by 11.1% from FY 2025 to FY 2026, going from $948 to $1,053.
Which jobs can afford rent in Salem city?
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 $1,053/mo. 10 of 15 common occupations are affordable here.
How much has rent changed in Salem city over time?
The 1-bedroom Fair Market Rent in Salem city went from $668 in FY 2020 to $1,053 in FY 2026, a total change of +57.6% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Salem city?
In Salem city, the FY 2026 FMR of $1,053/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 Salem city?
For Salem city, it's the specific 40th-percentile rent HUD publishes each year ($1,053/mo for a 1-bedroom in FY 2026).

What this means for renters

Treat Salem city'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 $1,053 implies about $42,120/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 Salem city 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.