Amherst County, VA

2024 Fair Market Rents

Tags: 2024 Lynchburg, VA MSA

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The top four largest cities in Amherst County are Madison Heights, Amherst, Monroe, and Roseland. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Amherst County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Amherst County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Amherst County compare?

Amherst County ($1,093) has a 13.7% lower FMR for 2-Bedroom housing than the average of Virginia ($1,266) and therefore has a lower gross rent.

Amherst County is rank 72nd out of 133 counties. This means the FMRs, or in other words, the gross rent is lower than 71 other counties. Amherst County is the 62nd cheapest county in terms of FMRs.

Rent Tables Amherst County, VA

Fair Market Rent (40th Percentile)

$948
studio
$966
1-Bedroom
$1,093
2-Bedroom
$1,494
3-Bedroom
$1,627
4-Bedroom

Median Rent (50th Percentile)

$1,022
studio
$1,042
1-Bedroom
$1,179
2-Bedroom
$1,612
3-Bedroom
$1,755
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
22922 $1,050 $1,060 $1,270 $1,570 $1,950
22967 $1,050 $1,060 $1,270 $1,570 $1,950
22976 $1,050 $1,060 $1,270 $1,570 $1,950
24483 $1,050 $1,060 $1,270 $1,570 $1,950
24521 $1,050 $1,060 $1,270 $1,570 $1,950
24553 $1,050 $1,060 $1,270 $1,570 $1,950
22922 $1,050 $1,060 $1,270 $1,570 $1,950
22967 $1,050 $1,060 $1,270 $1,570 $1,950
24483 $1,050 $1,060 $1,270 $1,570 $1,950
24521 $1,050 $1,060 $1,270 $1,570 $1,950
24526 $940 $950 $1,080 $1,480 $1,610
24533 $840 $860 $970 $1,330 $1,440
24553 $1,050 $1,060 $1,270 $1,570 $1,950
24572 $790 $800 $910 $1,240 $1,350
24574 $910 $930 $1,050 $1,440 $1,560
24595 $910 $930 $1,050 $1,430 $1,570
22967 $1,050 $1,060 $1,270 $1,570 $1,950
24483 $1,050 $1,060 $1,270 $1,570 $1,950
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
22922 $945 $954 $1,143 $1,413 $1,755
22967 $945 $954 $1,143 $1,413 $1,755
22976 $945 $954 $1,143 $1,413 $1,755
24483 $945 $954 $1,143 $1,413 $1,755
24521 $945 $954 $1,143 $1,413 $1,755
24553 $945 $954 $1,143 $1,413 $1,755
22922 $945 $954 $1,143 $1,413 $1,755
22967 $945 $954 $1,143 $1,413 $1,755
24483 $945 $954 $1,143 $1,413 $1,755
24521 $945 $954 $1,143 $1,413 $1,755
24526 $846 $855 $972 $1,332 $1,449
24533 $756 $774 $873 $1,197 $1,296
24553 $945 $954 $1,143 $1,413 $1,755
24572 $711 $720 $819 $1,116 $1,215
24574 $819 $837 $945 $1,296 $1,404
24595 $819 $837 $945 $1,287 $1,413
22967 $945 $954 $1,143 $1,413 $1,755
24483 $945 $954 $1,143 $1,413 $1,755
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
22922 $1,155 $1,166 $1,397 $1,727 $2,145
22967 $1,155 $1,166 $1,397 $1,727 $2,145
22976 $1,155 $1,166 $1,397 $1,727 $2,145
24483 $1,155 $1,166 $1,397 $1,727 $2,145
24521 $1,155 $1,166 $1,397 $1,727 $2,145
24553 $1,155 $1,166 $1,397 $1,727 $2,145
22922 $1,155 $1,166 $1,397 $1,727 $2,145
22967 $1,155 $1,166 $1,397 $1,727 $2,145
24483 $1,155 $1,166 $1,397 $1,727 $2,145
24521 $1,155 $1,166 $1,397 $1,727 $2,145
24526 $1,034 $1,045 $1,188 $1,628 $1,771
24533 $924 $946 $1,067 $1,463 $1,584
24553 $1,155 $1,166 $1,397 $1,727 $2,145
24572 $869 $880 $1,001 $1,364 $1,485
24574 $1,001 $1,023 $1,155 $1,584 $1,716
24595 $1,001 $1,023 $1,155 $1,573 $1,727
22967 $1,155 $1,166 $1,397 $1,727 $2,145
24483 $1,155 $1,166 $1,397 $1,727 $2,145

Fair Market Rents on this page apply to the following cities in Amherst County, Virginia: Madison Heights, Amherst, Monroe, Roseland, Gladstone, Arrington, Big Island, Vesuvius, Tyro, Clifford, and Sweet Briar.

These Fair Market Rents also apply to the following ZIP codes in Amherst County, Virginia: 24572, 24521, 24574, 22967, 24553, 22922, 24526, 24483, 22976, 24533, and 24595.

Amherst County, VA is considered part of the following metro FMR area: LYNCHBURG, VA MSA.

Other counties in the same metro FMR area are: Appomattox County, VA, Bedford County, VA, Campbell County, VA, and Lynchburg city, VA.

More on Amherst County, VA

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.