Richmond County, VA · FY2026 area median income $97,500 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $330 | $495 | $661 | $826 | $991 | $1,156 | $1,322 |
| 1BR | $354 | $531 | $708 | $885 | $1,062 | $1,239 | $1,417 |
| 2BR | $425 | $637 | $850 | $1,062 | $1,275 | $1,487 | $1,700 |
| 3BR | $491 | $736 | $982 | $1,227 | $1,473 | $1,718 | $1,964 |
| 4BR | $548 | $822 | $1,096 | $1,370 | $1,644 | $1,918 | $2,192 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $19,830 | $33,050 | $39,660 | $52,880 |
| 2 persons | $22,680 | $37,800 | $45,360 | $60,480 |
| 3 persons | $25,500 | $42,500 | $51,000 | $68,000 |
| 4 persons | $28,320 | $47,200 | $56,640 | $75,520 |
| 5 persons | $30,600 | $51,000 | $61,200 | $81,600 |
| 6 persons | $32,880 | $54,800 | $65,760 | $87,680 |
| 7 persons | $35,130 | $58,550 | $70,260 | $93,680 |
| 8 persons | $37,410 | $62,350 | $74,820 | $99,760 |
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 Richmond County to see the sources and uses, bond test, DSCR, and funding gap using these rents.