HUD Open Data · FY 2026
What is the Fair Market Rent in Lexington city, VA?
Last updated: FY2026, effective October 1, 2025
In Lexington city, Virginia, the FY2026 Fair Market Rent for a two-bedroom is $1,005 a month. Rents run from $870 for a studio up to $1,686 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 Lexington city and Neighbouring Counties
| Unit size | Monthly FMR (FY 2026) |
|---|---|
| Studio / Efficiency | $870 |
| 1 Bedroom | $917 |
| 2 Bedrooms | $1,005 |
| 3 Bedrooms | $1,398 |
| 4 Bedrooms | $1,686 |
How does Lexington city compare?
2-bedroom Fair Market Rent ranked against all counties in Virginia.
Higher rent than 30% of counties in Virginia · 94th of 133
| # | County | Value |
|---|---|---|
| 1 | Fredericksburg city | $2,246 |
| 1 | Fauquier County | $2,246 |
| 1 | Manassas Park city | $2,246 |
| … 90 more … | ||
| 94 | Lexington city(you are here) | $1,005 |
| … 36 more … | ||
| 109 | Buchanan County | $914 |
| 109 | Smyth County | $914 |
| 109 | Martinsville city | $914 |
More data for Lexington 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 Lexington city, VA for 2026?
In Lexington city, Virginia, a two-bedroom has a Fair Market Rent of $1,005 a month for FY2026, and rents range from $870 for a studio to $1,686 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 Lexington city, VA?
A two-bedroom in Lexington city, Virginia has a Fair Market Rent of $1,005 a month under HUD's FY2026 figures.
When do Fair Market Rents in Lexington 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 Lexington city, VA?
Every ZIP code in Lexington city has its own Fair Market Rent page — see the "ZIP codes in Lexington city" list above. Each ZIP page lists studio through 4-bedroom FMRs for FY2026.
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