Southampton County-Franklin city, VA HUD Nonmetro FMR Area · FY2026 area median income $96,000 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $336 | $504 | $672 | $840 | $1,008 | $1,176 | $1,344 |
| 1BR | $360 | $540 | $720 | $900 | $1,080 | $1,260 | $1,440 |
| 2BR | $432 | $648 | $864 | $1,080 | $1,296 | $1,512 | $1,728 |
| 3BR | $499 | $748 | $998 | $1,248 | $1,497 | $1,747 | $1,997 |
| 4BR | $557 | $835 | $1,114 | $1,392 | $1,671 | $1,949 | $2,228 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $20,160 | $33,600 | $40,320 | $53,760 |
| 2 persons | $23,040 | $38,400 | $46,080 | $61,440 |
| 3 persons | $25,920 | $43,200 | $51,840 | $69,120 |
| 4 persons | $28,800 | $48,000 | $57,600 | $76,800 |
| 5 persons | $31,110 | $51,850 | $62,220 | $82,960 |
| 6 persons | $33,420 | $55,700 | $66,840 | $89,120 |
| 7 persons | $35,730 | $59,550 | $71,460 | $95,280 |
| 8 persons | $38,040 | $63,400 | $76,080 | $101,440 |
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 Southampton County to see the sources and uses, bond test, DSCR, and funding gap using these rents.