Rental Benchmark Overview
2-Bedroom Benchmark Rent
$975$11,700 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Nottoway County, VA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Nottoway County, VA
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $738 | $8,856 | $29,520 | $14.19/hr |
| 1-Bedroom Apartment | $743 | $8,916 | $29,720 | $14.29/hr |
| 2-Bedroom ApartmentStandard Benchmark | $975 | $11,700 | $39,000 | $18.75/hr |
| 3-Bedroom Home | $1,356 | $16,272 | $54,240 | $26.08/hr |
| 4-Bedroom Home | $1,587 | $19,044 | $63,480 | $30.52/hr |
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Frequently Asked Questions About Rent in Nottoway County, VA
What is the Fair Market Rent for a 2-bedroom in Nottoway County, VA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Nottoway County, VA is $975 per month ($11,700 per year).
What hourly wage is needed to afford rent in Nottoway County, VA?
To comfortably afford a 2-bedroom apartment at $975/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.75 per hour ($39,000/year).
What are the HUD Fair Market Rents by bedroom count in Nottoway County, VA?
Official 2026 HUD rents in Nottoway County, VA are: Studio: $738/mo, 1-Bedroom: $743/mo, 2-Bedroom: $975/mo, 3-Bedroom: $1,356/mo, and 4-Bedroom: $1,587/mo.
How do HUD Fair Market Rents compare to local incomes in Nottoway County, VA?
At the local Census ACS median household income of $63,261/year ($5,272/month), the benchmark 2-bedroom Fair Market Rent represents 18.5% of monthly income.
How is the 30% housing affordability standard calculated in Nottoway County, VA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $975/month, the required minimum annual gross income is calculated as ($975 × 12) ÷ 0.30 = $39,000 per year.