Virgin Islands Fair Market Rents

2024 Fair Market Rents

2024 FMRs in Virgin Islands by county. Click on the map below to view FMRs for a particular county.

Virgin Islands Bar Graph

FMRs vary across Virgin Islands based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in Virgin Islands is $1,679.

The highest average FMR for a two-bedroom apartment in the United States is $2,095 in Hawaii. The lowest for a two-bedroom apartment is $574 in Puerto Rico.

FMRs in Virgin Islands are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.

View the Fair Market Rents Overview for information on how FMRs are calculated. Click on a specific county from the table below for detailed FMR information including Small Area FMRs.

How does Virgin Islands compare?

The highest FMR for a two-bedroom apartment in Virgin Islands is $2,122 in St. John. The lowest FMR for a two-bedroom apartment is $1,351 in St. Croix.

Virgin Islands ($1,679) has a 39% higher FMR for 2-Bedroom housing than the average of the US ($1,208) and therefore has a higher gross rent.

Virgin Islands is rank 9th out of 56 States and territories. This means the FMRs, or in other words, the gross rent is higher than 47 other States and territories. Virgin Islands is the 9th most expensive State or territory in terms of FMRs.

Average FMRs for Virgin Islands

Counties in Virgin Islands (3)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
St. John 1st $1,441 $1,707 $2,122 $2,566 $2,826
St. Thomas 2nd $1,059 $1,249 $1,563 $1,890 $2,082
St. Croix 3rd $1,084 $1,106 $1,351 $1,634 $1,799

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.