FairRentWize

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

Studio$700/mo
1 Bedroom$878/mo
2 Bedroom$1,075/mo
3 Bedroom$1,404/mo
4 Bedroom$1,498/mo

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.

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