HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Danville city, Virginia (FY 2026)
$914 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Danville city, and it's the baseline every voucher in Danville is measured against.
2 bedroom FMR
$914
FY 2026, utilities included
Payment standard range
$823 to $1,005
90% to 110% of FMR
Income to afford 2BR
$36,560
per year, at 30% of income
Rank in Virginia
130th of 133
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Danville moves to $943. That's up 3%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Danville actually rent for?
Search any address in Danville for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $630 | $567 to $693 | $25,200 | $12.12/hr | +7.9% |
| 1 bedroom | $738 | $664 to $812 | $29,520 | $14.19/hr | +7.4% |
| 2 bedroom | $914 | $823 to $1,005 | $36,560 | $17.58/hr | +7.4% |
| 3 bedroom | $1,263 | $1,137 to $1,389 | $50,520 | $24.29/hr | +8.4% |
| 4 bedroom | $1,415 | $1,274 to $1,557 | $56,600 | $27.21/hr | +7.9% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,627 | $1,464 to $1,790 |
| 6 bedroom Estimate | $1,840 | $1,656 to $2,024 |
| 7 bedroom Estimate | $2,052 | $1,847 to $2,257 |
| 8 bedroom Estimate | $2,264 | $2,038 to $2,490 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
HUD sets Fair Market Rent once a year, based on what typical units in the area actually rent for, with utilities folded in. FY 2026 runs October 1, 2025 through September 30, 2026, and in Danville city the five published rates run from $630 to $1,415, studio through four bedrooms.
Danville is a nonmetro city, so HUD sets its FMR from rents in the city itself rather than a wider metro. The number applies city-wide, from Danville on out.
The state median two-bedroom FMR is $1,254. Danville comes in at $914, about 27% below that, and ranks 130th of 133 in Virginia. Against the national median county ($1,018) it's about 10% below. Population is around 42,507.
Rates by ZIP code
HUD also publishes Small Area FMRs for the 2 ZIP codes it covers in Danville. Two-bedroom rates run from $910 in 24540 (Danville) to $980 in 24541 (Danville), a $70 spread inside one city. Whether your housing authority uses the ZIP rate or the city rate depends on whether HUD has designated this area for Small Area FMRs. Ask the PHA which one it's on before you price a unit.
What a voucher pays here
The FMR isn't the check you'd receive. Your local housing authority turns it into a payment standard, set between 90% and 110% of FMR, so a two-bedroom here lands between $823 and $1,005. Subtract about 30% of the tenant's income and that's the housing assistance payment. If you ask more than similar unassisted units rent for, the PHA's rent reasonableness check will push back.
At the standard 30% of income, a household needs about $36,560 a year to afford $914 a month. On a 40-hour week that's $18 an hour.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($823) | HAP at 100% ($914) | HAP at 110% ($1,005) |
|---|---|---|---|---|
| $2,500 | $750 | $73 | $164 | $255 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 7% from FY 2025 ($851) to FY 2026 ($914). Since FY 2020 it's up 28% in total, about 4.2% a year. The Virginia median moved up 5% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $504 | $542 | $714 | $943 | $1,124 | — |
| FY 2021 | $470 | $532 | $701 | $926 | $1,065 | -1.8% |
| FY 2022 | $466 | $535 | $702 | $927 | $1,040 | +0.1% |
| FY 2023 | $530 | $625 | $793 | $1,060 | $1,179 | +13.0% |
| FY 2024 | $613 | $719 | $905 | $1,228 | $1,353 | +14.1% |
| FY 2025 | $584 | $687 | $851 | $1,165 | $1,311 | -6.0% |
| FY 2026 | $630 | $738 | $914 | $1,263 | $1,415 | +7.4% |
| FY 2027 | $657 | $765 | $943 | $1,289 | $1,426 | +3.2% |
Nearby counties
Pittsylvania County
$91414 mi · pop 60,541
Martinsville city
$91425 mi · pop 13,539
Henry County
$91428 mi · pop 50,760
Halifax County
$91430 mi · pop 34,013
Franklin County
$94437 mi · pop 54,838
Campbell County
$1,18744 mi · pop 55,518
Patrick County
$91449 mi · pop 17,660
Bedford County
$1,18751 mi · pop 79,761
Questions people ask
$914 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $630 for a studio, $738 for one bedroom, $1,263 for three and $1,415 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Danville actually go for?
HUD's number is one input. Search any address in Danville for a rent estimate built from nearby comps. 3 free searches, no card.
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