Franklin city, VA

2024 Fair Market Rents

Tags: 2024 40th percentile Southampton County-Franklin city, VA HUD Metro FMR Area

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 zero largest cities in Franklin city are . 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 Franklin city use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Franklin city uses 40th percentile Fair Market Rents.

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 Franklin city compare?

Franklin city ($1,053) has a 16.8% lower FMR for 2-Bedroom housing than the average of Virginia ($1,266) and therefore has a lower gross rent.

Franklin city is rank 83rd out of 133 counties. This means the FMRs, or in other words, the gross rent is lower than 82 other counties. Franklin city is the 51st cheapest county in terms of FMRs.

Rent Tables Franklin city, VA

Fair Market Rent (40th Percentile)

$908
studio
$910
1-Bedroom
$1,053
2-Bedroom
$1,339
3-Bedroom
$1,787
4-Bedroom

Median Rent (50th Percentile)

$949
studio
$952
1-Bedroom
$1,101
2-Bedroom
$1,400
3-Bedroom
$1,868
4-Bedroom

Franklin city, VA is considered part of the following metro FMR area: SOUTHAMPTON COUNTY-FRANKLIN CITY, VA HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Southampton 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.