Virginia · FIPS 51520 · HUD FY 2027
Bristol city, Virginia Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Bristol city is $1,091 a month (rent plus utilities), 39% below the Virginia average of $1,792 and 38% below the U.S. average of $1,761. That is up $47 (4.5%) from FY 2026. At 30% of income, a household needs about $43,640 a year to afford it.
- $1,0912-bedroom FMR+$47 (+4.5%) vs FY 2026
- $8451-bedroom FMRVirginia: $1,596 · U.S.: $1,478
- $43,640Income for a 2-bedroom$21/hour full-time
- 86 of 1332BR rank in Virginia1 = highest rent
| Unit | Bristol city FY 2027 | FY 2026 | Change | Virginia avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $760 | $720 | +$40 (+5.6%) | $1,536 | $1,379 | $30,400 |
| 1 bedroom | $845 | $818 | +$27 (+3.3%) | $1,596 | $1,478 | $33,800 |
| 2 bedrooms | $1,091 | $1,044 | +$47 (+4.5%) | $1,792 | $1,761 | $43,640 |
| 3 bedrooms | $1,375 | $1,338 | +$37 (+2.8%) | $2,326 | $2,266 | $55,000 |
| 4 bedrooms | $1,465 | $1,464 | +$1 (+0.1%) | $2,752 | $2,607 | $58,600 |
How Bristol city compares
- HUD sets this rent for the Kingsport-Bristol, TN-VA metro FMR area, which covers 310,842 residents in 5 counties.
- Across Virginia, 2-bedroom FMRs run from $943 (Wythe County) to $2,438 (Alexandria city).
- Studio to 4-bedroom: $760, $845, $1,091, $1,375, $1,465. 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 1 ZIP code mostly in Bristol city (by land area), the 2-bedroom figure ranges from $1,110 to $1,110.
Small Area FMRs by ZIP code in Bristol city
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 24201 | $770 | $860 | $1,110 | $1,400 | $1,490 | +$30 (+2.8%) | 2% 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.