Fair Market Rent in Rockbridge County-Buena Vista city-Lexington city, Virginia (2026)
The typical household in Rockbridge County-Buena Vista city-Lexington city earns $61,903 a year, comfortably above the $40,200 needed to afford a 2-bedroom apartment at the Fair Market Rent under the 30%-of-income rule.
| Unit size | Fair Market Rent |
|---|---|
| Studio | $870 |
| 1 Bedroom | $917 |
| 2 Bedroom | $1,005 |
| 3 Bedroom | $1,398 |
| 4 Bedroom | $1,686 |
Can you afford to rent here?
Enter your annual household income. We'll use the standard 30%-of-income rule to show which bedroom sizes fit your budget in Rockbridge County-Buena Vista city-Lexington city.
HUD Fair Market Rent vs. Census median rent
Census median rent runs at 92.0% of the HUD 2-bedroom Fair Market Rent in Rockbridge County-Buena Vista city-Lexington city.
Wondering if buying beats renting in Rockbridge County-Buena Vista city-Lexington city?
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Talk to an agentFAQ
What is Fair Market Rent?
Fair Market Rent (FMR) is HUD's official estimate of the rent, plus utilities, for a standard-quality rental unit in Rockbridge County-Buena Vista city-Lexington city. HUD recalculates it every year and uses it to set payment standards for housing choice vouchers.
How much income do you need to afford a 2-bedroom in Rockbridge County-Buena Vista city-Lexington city?
Using the standard rule that rent should not exceed 30% of income, a household needs about $40,200 a year to afford the 2-bedroom Fair Market Rent of $1,005 a month.
How does Fair Market Rent compare to actual median rent?
The Census Bureau's median gross rent for Rockbridge County-Buena Vista city-Lexington city is $925 a month, versus HUD's 2-bedroom Fair Market Rent of $1,005. The two measure different things, so some gap is normal.
Source: HUD Fair Market Rents (FY2026); U.S. Census Bureau, American Community Survey (5-year).