Rent in Floyd County, VA at a glance
2-bedroom rent (HUD)
$1,094$13,128 a year · HUD fiscal year 2026From October 1, 2026: $1,090 (−0.4%)How much rent can you afford in Floyd County, VA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Floyd County, VA by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $830 | $9,960 | $33,200 | $15.96/hr |
| 1 bedroom | $834 | $10,008 | $33,360 | $16.04/hr |
| 2 bedroomsMost searched | $1,094 | $13,128 | $43,760 | $21.04/hr |
| 3 bedrooms | $1,312 | $15,744 | $52,480 | $25.23/hr |
| 4 bedrooms | $1,448 | $17,376 | $57,920 | $27.85/hr |
Cost of living in Floyd County, VA: income, prices and a budget →
Living and working in Floyd County, VA
Rent in Floyd County, VA: common questions
How much is rent going down in Floyd County, VA in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,090 for a two-bedroom, down 0.4% from $1,094. A one-bedroom goes from $834 to $833, a studio from $830 to $828.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Floyd County, VA?
HUD's Fair Market Rent for 2026 is $834 for a one-bedroom and $1,094 for a two-bedroom, utilities included. That is $13,128 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Floyd County, VA?
To keep a $1,094 two-bedroom at 30% of gross pay, one full-time worker needs $21.04 an hour, or $43,760 a year. A one-bedroom at $834 takes $16.04 an hour.
How much is a 1, 2 or 3-bedroom apartment in Floyd County, VA?
At HUD's 2026 Fair Market Rent: studio $830, one bedroom $834, two $1,094, three $1,312 and four $1,448 a month.
Is rent affordable in Floyd County, VA?
For the typical household, earning $62,191 a year ($5,183 a month, Census ACS), a two-bedroom at $1,094 takes 21.1% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,094 × 12) ÷ 0.30 = $43,760. Divided by 2,080 working hours, that is $21.04 an hour.