Floyd County, VA

2024 Fair Market Rents

Tags: 2024 Virginia

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Return to the state page to see where Virginia ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Floyd County are Radford, Floyd, Riner, and Shawsville. 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 Floyd County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Floyd 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 Floyd County compare?

Floyd County ($905) has a 28.5% lower FMR for 2-Bedroom housing than the average of Virginia ($1,266) and therefore has a lower gross rent.

Floyd County is rank 102nd out of 133 counties. This means the FMRs, or in other words, the gross rent is lower than 101 other counties. Floyd County is the 32nd cheapest county in terms of FMRs.

Rent Tables Floyd County, VA

Fair Market Rent (40th Percentile)

$725
studio
$730
1-Bedroom
$905
2-Bedroom
$1,212
3-Bedroom
$1,217
4-Bedroom

Median Rent (50th Percentile)

$726
studio
$730
1-Bedroom
$906
2-Bedroom
$1,214
3-Bedroom
$1,218
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
24059 $790 $860 $1,040 $1,400 $1,640
24138 $940 $940 $1,190 $1,620 $2,020
24141 $820 $840 $1,030 $1,410 $1,750
24149 $1,490 $1,500 $1,890 $2,580 $3,210
24162 $770 $780 $980 $1,340 $1,660
24141 $820 $840 $1,030 $1,410 $1,750
24059 $790 $860 $1,040 $1,400 $1,640
24079 $700 $770 $950 $1,290 $1,460
24059 $790 $860 $1,040 $1,400 $1,640
24079 $700 $770 $950 $1,290 $1,460
24091 $690 $780 $910 $1,180 $1,340
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24059 $711 $774 $936 $1,260 $1,476
24138 $846 $846 $1,071 $1,458 $1,818
24141 $738 $756 $927 $1,269 $1,575
24149 $1,341 $1,350 $1,701 $2,322 $2,889
24162 $693 $702 $882 $1,206 $1,494
24141 $738 $756 $927 $1,269 $1,575
24059 $711 $774 $936 $1,260 $1,476
24079 $630 $693 $855 $1,161 $1,314
24059 $711 $774 $936 $1,260 $1,476
24079 $630 $693 $855 $1,161 $1,314
24091 $621 $702 $819 $1,062 $1,206
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24059 $869 $946 $1,144 $1,540 $1,804
24138 $1,034 $1,034 $1,309 $1,782 $2,222
24141 $902 $924 $1,133 $1,551 $1,925
24149 $1,639 $1,650 $2,079 $2,838 $3,531
24162 $847 $858 $1,078 $1,474 $1,826
24141 $902 $924 $1,133 $1,551 $1,925
24059 $869 $946 $1,144 $1,540 $1,804
24079 $770 $847 $1,045 $1,419 $1,606
24059 $869 $946 $1,144 $1,540 $1,804
24079 $770 $847 $1,045 $1,419 $1,606
24091 $759 $858 $1,001 $1,298 $1,474

Fair Market Rents on this page apply to the following cities in Floyd County, Virginia: Radford, Floyd, Riner, Shawsville, Copper Hill, Pilot, Check, and Bent Mountain.

These Fair Market Rents also apply to the following ZIP codes in Floyd County, Virginia: 24141, 24091, 24149, 24162, 24079, 24138, 24072, and 24059.

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Data Source

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