Virginia · HUD FY2026 Fair Market Rents · Updated

Rent in Giles County, VA

HUD puts rent for a two-bedroom in Giles County, VA at $984 a month for 2026, and a one-bedroom at $898. Keeping the two-bedroom under 30% of income takes $18.92 an hour full time, or $39,360 a year. The typical household there would spend 18% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $999 (up 1.5%).

Rent in Giles County, VA at a glance

2-bedroom rent (HUD)

$984$11,808 a year · HUD fiscal year 2026From October 1, 2026: $999 (+1.5%)
Studio$746$14/hr needed
1 bedroom$898$17/hr needed
Wage a 2-bedroom takes$18.92an hour, 40 hours a week
3 bedrooms$1,180$23/hr needed

How much rent can you afford in Giles County, VA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$984Monthly market rent
Share of gross income18%Recommended max: 30%
Annual income needed$39,360To meet the 30% standard
Max affordable rent$1,642At 30% of $65,691
0%30% (Affordability standard)100%
Compare against:

Rent in Giles 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.

HUD Fair Market Rent in Giles County, VA, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$746$8,952$29,840$14.35/hr
1 bedroom$898$10,776$35,920$17.27/hr
2 bedroomsMost searched$984$11,808$39,360$18.92/hr
3 bedrooms$1,180$14,160$47,200$22.69/hr
4 bedrooms$1,651$19,812$66,040$31.75/hr

Cost of living in Giles County, VA: income, prices and a budget →

Rent in Giles County, VA: common questions

How much is rent going up in Giles County, VA in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $999 for a two-bedroom, up 1.5% from $984. A one-bedroom goes from $898 to $918, a studio from $746 to $781.

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 Giles County, VA?

HUD's Fair Market Rent for 2026 is $898 for a one-bedroom and $984 for a two-bedroom, utilities included. That is $11,808 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 Giles County, VA?

To keep a $984 two-bedroom at 30% of gross pay, one full-time worker needs $18.92 an hour, or $39,360 a year. A one-bedroom at $898 takes $17.27 an hour.

How much is a 1, 2 or 3-bedroom apartment in Giles County, VA?

At HUD's 2026 Fair Market Rent: studio $746, one bedroom $898, two $984, three $1,180 and four $1,651 a month.

Is rent affordable in Giles County, VA?

For the typical household, earning $65,691 a year ($5,474 a month, Census ACS), a two-bedroom at $984 takes 18% 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: ($984 × 12) ÷ 0.30 = $39,360. Divided by 2,080 working hours, that is $18.92 an hour.