Virginia · FIPS 51019 · HUD FY 2027
Bedford County, Virginia Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Bedford County is $1,117 a month (rent plus utilities), 38% below the Virginia average of $1,792 and 37% below the U.S. average of $1,761. That is down $70 (5.9%) from FY 2026. At 30% of income, a household needs about $44,680 a year to afford it.
- $1,1172-bedroom FMR−$70 (−5.9%) vs FY 2026
- $9711-bedroom FMRVirginia: $1,596 · U.S.: $1,478
- $44,680Income for a 2-bedroom$21/hour full-time
- 80 of 1332BR rank in Virginia1 = highest rent
| Unit | Bedford County FY 2027 | FY 2026 | Change | Virginia avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $965 | $1,027 | −$62 (−6.0%) | $1,536 | $1,379 | $38,600 |
| 1 bedroom | $971 | $1,033 | −$62 (−6.0%) | $1,596 | $1,478 | $38,840 |
| 2 bedrooms | $1,117 | $1,187 | −$70 (−5.9%) | $1,792 | $1,761 | $44,680 |
| 3 bedrooms | $1,547 | $1,635 | −$88 (−5.4%) | $2,326 | $2,266 | $61,880 |
| 4 bedrooms | $1,678 | $1,750 | −$72 (−4.1%) | $2,752 | $2,607 | $67,120 |
How Bedford County compares
- HUD sets this rent for the Lynchburg, VA metro FMR area, which covers 263,798 residents in 5 counties.
- Across Virginia, 2-bedroom FMRs run from $943 (Wythe County) to $2,438 (Alexandria city).
- Studio to 4-bedroom: $965, $971, $1,117, $1,547, $1,678. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 14 ZIP codes mostly in Bedford County (by land area), the 2-bedroom figure ranges from $1,070 to $1,480.
Small Area FMRs by ZIP code in Bedford County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 24064 | $1,220 | $1,270 | $1,480 | $2,050 | $2,410 | +$80 (+5.7%) | 32% above |
| 24095 | $930 | $930 | $1,070 | $1,480 | $1,580 | −$70 (−6.1%) | 4% below |
| 24104 | $930 | $930 | $1,070 | $1,480 | $1,580 | −$10 (−0.9%) | 4% below |
| 24121 | $1,230 | $1,250 | $1,410 | $1,950 | $2,220 | +$90 (+6.8%) | 26% above |
| 24122 | $1,210 | $1,260 | $1,460 | $2,020 | $2,390 | +$250 (+20.7%) | 31% above |
| 24174 | $980 | $1,000 | $1,150 | $1,590 | $1,780 | +$70 (+6.5%) | 3% above |
| 24179 | $1,020 | $1,060 | $1,240 | $1,710 | $2,020 | +$100 (+8.8%) | 11% above |
| 24503 | $930 | $930 | $1,070 | $1,480 | $1,610 | −$60 (−5.3%) | 4% below |
| 24523 | $930 | $930 | $1,070 | $1,480 | $1,580 | −$80 (−7.0%) | 4% below |
| 24526 | $930 | $930 | $1,070 | $1,480 | $1,580 | −$40 (−3.6%) | 4% below |
| 24536 | $970 | $970 | $1,120 | $1,550 | $1,680 | −$70 (−5.9%) | about the same as |
| 24551 | $1,100 | $1,100 | $1,270 | $1,760 | $1,910 | −$40 (−3.1%) | 14% above |
| 24556 | $970 | $980 | $1,130 | $1,560 | $1,690 | −$80 (−6.6%) | 1% above |
| 24570 | $980 | $980 | $1,130 | $1,560 | $1,700 | −$100 (−8.1%) | 1% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.