Virginia · HUD FY2026 Fair Market Rents · Updated

Rent in Montgomery County, VA

HUD puts rent for a two-bedroom in Montgomery County, VA at $1,271 a month for 2026, and a one-bedroom at $993. Keeping the two-bedroom under 30% of income takes $24.44 an hour full time, or $50,840 a year. The typical household there would spend 21% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,340 (up 5.4%).

Rent in Montgomery County, VA at a glance

2-bedroom rent (HUD)

$1,271$15,252 a year · HUD fiscal year 2026From October 1, 2026: $1,340 (+5.4%)
Studio$910$18/hr needed
1 bedroom$993$19/hr needed
Wage a 2-bedroom takes$24.44an hour, 40 hours a week
3 bedrooms$1,706$33/hr needed

How much rent can you afford in Montgomery 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$1,271Monthly market rent
Share of gross income21%Recommended max: 30%
Annual income needed$50,840To meet the 30% standard
Max affordable rent$1,818At 30% of $72,715
0%30% (Affordability standard)100%
Compare against:

Rent in Montgomery 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 Montgomery County, VA, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$910$10,920$36,400$17.50/hr
1 bedroom$993$11,916$39,720$19.10/hr
2 bedroomsMost searched$1,271$15,252$50,840$24.44/hr
3 bedrooms$1,706$20,472$68,240$32.81/hr
4 bedrooms$2,132$25,584$85,280$41.00/hr

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

Rent in Montgomery County, VA: common questions

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

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,340 for a two-bedroom, up 5.4% from $1,271. A one-bedroom goes from $993 to $1,050, a studio from $910 to $1,043.

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 Montgomery County, VA?

HUD's Fair Market Rent for 2026 is $993 for a one-bedroom and $1,271 for a two-bedroom, utilities included. That is $15,252 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 Montgomery County, VA?

To keep a $1,271 two-bedroom at 30% of gross pay, one full-time worker needs $24.44 an hour, or $50,840 a year. A one-bedroom at $993 takes $19.10 an hour.

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

At HUD's 2026 Fair Market Rent: studio $910, one bedroom $993, two $1,271, three $1,706 and four $2,132 a month.

Is rent affordable in Montgomery County, VA?

For the typical household, earning $72,715 a year ($6,060 a month, Census ACS), a two-bedroom at $1,271 takes 21% 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: ($1,271 × 12) ÷ 0.30 = $50,840. Divided by 2,080 working hours, that is $24.44 an hour.