Charlottesville Fair Market Rent 2026
HUD Fair Market Rent data for the Charlottesville metropolitan area. Median household income: $70,871/year. Vacancy rate: 6.2%.
2BR FMR
$1,075/mo
Median Income
$70,871
Vacancy Rate
6.2%
Rent Burden
18.2%
Fair Market Rent by Bedroom Size
Affordability Analysis
Based on the 30% rule, a household earning the median income of $70,871/year can afford up to $1,772/mo in rent.
The 2BR FMR of $1,075/mo represents 18.2% of median income, which is within the 30% affordability threshold.
Rental Market Conditions
The vacancy rate of 6.2% in Charlottesville indicates a moderate rental market. A balanced market with reasonable availability for renters.
Frequently Asked Questions
What is the average rent in Charlottesville?
The 2026 HUD FMR for a 2-bedroom in the Charlottesville metro area is $1,075/month. 1BR: $878, 3BR: $1,404.
What is the vacancy rate in Charlottesville?
The rental vacancy rate in Charlottesville is 6.2%. A rate below 5% typically indicates a tight rental market.
Is Charlottesville affordable for renters?
With a median income of $70,871 and 2BR rent at $1,075/mo, rent takes about 18% of income in Charlottesville.
Compare with Other Metro Areas
San Jose-Sunnyvale-Santa Clara
2BR: $2,412/mo
New York-Newark-Jersey City
2BR: $2,293/mo
San Francisco-Oakland-Berkeley
2BR: $2,200/mo
Honolulu
2BR: $1,937/mo
Los Angeles-Long Beach-Anaheim
2BR: $1,888/mo
San Diego-Chula Vista-Carlsbad
2BR: $1,856/mo
Oxnard-Thousand Oaks-Ventura
2BR: $1,761/mo
Santa Cruz-Watsonville
2BR: $1,760/mo
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