Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,039$12,468 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Surry County, VA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Surry 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 | $905 | $10,860 | $36,200 | $17.40/hr |
| 1-Bedroom Apartment | $920 | $11,040 | $36,800 | $17.69/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,039 | $12,468 | $41,560 | $19.98/hr |
| 3-Bedroom Home | $1,445 | $17,340 | $57,800 | $27.79/hr |
| 4-Bedroom Home | $1,743 | $20,916 | $69,720 | $33.52/hr |
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Frequently Asked Questions About Rent in Surry County, VA
What is the Fair Market Rent for a 2-bedroom in Surry County, VA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Surry County, VA is $1,039 per month ($12,468 per year).
What hourly wage is needed to afford rent in Surry County, VA?
To comfortably afford a 2-bedroom apartment at $1,039/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.98 per hour ($41,560/year).
What are the HUD Fair Market Rents by bedroom count in Surry County, VA?
Official 2026 HUD rents in Surry County, VA are: Studio: $905/mo, 1-Bedroom: $920/mo, 2-Bedroom: $1,039/mo, 3-Bedroom: $1,445/mo, and 4-Bedroom: $1,743/mo.
How do HUD Fair Market Rents compare to local incomes in Surry County, VA?
At the local Census ACS median household income of $78,041/year ($6,503/month), the benchmark 2-bedroom Fair Market Rent represents 16% of monthly income.
How is the 30% housing affordability standard calculated in Surry County, VA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,039/month, the required minimum annual gross income is calculated as ($1,039 × 12) ÷ 0.30 = $41,560 per year.