Charlotte County, VA · FY2026 area median income $80,200 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $281 | $421 | $562 | $702 | $843 | $983 | $1,124 |
| 1BR | $301 | $451 | $602 | $752 | $903 | $1,053 | $1,204 |
| 2BR | $361 | $541 | $722 | $902 | $1,083 | $1,263 | $1,444 |
| 3BR | $417 | $625 | $834 | $1,043 | $1,251 | $1,460 | $1,669 |
| 4BR | $465 | $698 | $931 | $1,163 | $1,396 | $1,629 | $1,862 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $16,860 | $28,100 | $33,720 | $44,960 |
| 2 persons | $19,260 | $32,100 | $38,520 | $51,360 |
| 3 persons | $21,660 | $36,100 | $43,320 | $57,760 |
| 4 persons | $24,060 | $40,100 | $48,120 | $64,160 |
| 5 persons | $26,010 | $43,350 | $52,020 | $69,360 |
| 6 persons | $27,930 | $46,550 | $55,860 | $74,480 |
| 7 persons | $29,850 | $49,750 | $59,700 | $79,600 |
| 8 persons | $31,770 | $52,950 | $63,540 | $84,720 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Charlotte County to see the sources and uses, bond test, DSCR, and funding gap using these rents.