Floyd County, VA HUD Metro FMR Area · FY2026 area median income $88,500 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $310 | $465 | $620 | $775 | $930 | $1,085 | $1,240 |
| 1BR | $332 | $498 | $664 | $830 | $996 | $1,162 | $1,328 |
| 2BR | $398 | $597 | $797 | $996 | $1,195 | $1,394 | $1,594 |
| 3BR | $460 | $690 | $920 | $1,150 | $1,380 | $1,610 | $1,841 |
| 4BR | $513 | $770 | $1,027 | $1,283 | $1,540 | $1,797 | $2,054 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $18,600 | $31,000 | $37,200 | $49,600 |
| 2 persons | $21,240 | $35,400 | $42,480 | $56,640 |
| 3 persons | $23,910 | $39,850 | $47,820 | $63,760 |
| 4 persons | $26,550 | $44,250 | $53,100 | $70,800 |
| 5 persons | $28,680 | $47,800 | $57,360 | $76,480 |
| 6 persons | $30,810 | $51,350 | $61,620 | $82,160 |
| 7 persons | $32,940 | $54,900 | $65,880 | $87,840 |
| 8 persons | $35,070 | $58,450 | $70,140 | $93,520 |
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 Floyd County to see the sources and uses, bond test, DSCR, and funding gap using these rents.