HUD Open Data · FY 2026
What is the Fair Market Rent in Franklin city, VA?
Last updated: FY2026, effective October 1, 2025
In Franklin city, Virginia, the FY2026 Fair Market Rent for a two-bedroom is $1,051 a month. Rents run from $811 for a studio up to $1,764 for a four-bedroom, with the full breakdown by unit size below. HUD sets these rates each year, and housing authorities use them to set Section 8 voucher payment standards. Source: U.S. HUD, Office of Policy Development and Research, FY2026 Fair Market Rents, effective October 1, 2025.
2-Bedroom FMR in Franklin city and Neighbouring Counties
| Unit size | Monthly FMR (FY 2026) |
|---|---|
| Studio / Efficiency | $811 |
| 1 Bedroom | $817 |
| 2 Bedrooms | $1,051 |
| 3 Bedrooms | $1,346 |
| 4 Bedrooms | $1,764 |
How does Franklin city compare?
2-bedroom Fair Market Rent ranked against all counties in Virginia.
Higher rent than 35% of counties in Virginia · 88th of 133
| # | County | Value |
|---|---|---|
| 1 | Fredericksburg city | $2,246 |
| 1 | Fauquier County | $2,246 |
| 1 | Manassas Park city | $2,246 |
| … 84 more … | ||
| 88 | Franklin city(you are here) | $1,051 |
| … 42 more … | ||
| 109 | Buchanan County | $914 |
| 109 | Smyth County | $914 |
| 109 | Martinsville city | $914 |
More data for Franklin city, Virginia
No nearby counties with Fair Market Rent data are available in our database.
Frequently asked questions
What is the Fair Market Rent in Franklin city, VA for 2026?
In Franklin city, Virginia, a two-bedroom has a Fair Market Rent of $1,051 a month for FY2026, and rents range from $811 for a studio to $1,764 for a four-bedroom. The full breakdown by unit size is in the table above. Source: U.S. HUD, Office of Policy Development and Research, FY2026 Fair Market Rents.
What is the 2-bedroom Fair Market Rent in Franklin city, VA?
A two-bedroom in Franklin city, Virginia has a Fair Market Rent of $1,051 a month under HUD's FY2026 figures.
When do Fair Market Rents in Franklin city become effective?
FY2026 Fair Market Rents became effective October 1, 2025 and apply through September 30, 2026.
How does HUD calculate Fair Market Rents?
HUD calculates FMRs as the 40th percentile of gross rents paid by recent movers for standard-quality units in a metropolitan area or non-metropolitan county. Data comes from the American Community Survey (ACS).
How do I find Fair Market Rent by ZIP code in Franklin city, VA?
Every ZIP code in Franklin city has its own Fair Market Rent page — see the "ZIP codes in Franklin city" list above. Each ZIP page lists studio through 4-bedroom FMRs for FY2026.
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