Botetourt County, VA

2025 Fair Market Rents

Tags: 2025 Roanoke, VA HUD Metro FMR Area

Return to the state page to see where Virginia ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Botetourt County are Roanoke, Lexington, Troutville, and Buchanan. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Botetourt County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Botetourt County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Botetourt County compare?

Botetourt County ($1,141) has a 15.2% lower FMR for 2-Bedroom housing than the average of Virginia ($1,345) and therefore has a lower gross rent.

Botetourt County is rank 73rd out of 133 counties. This means the FMRs, or in other words, the gross rent is lower than 72 other counties. Botetourt County is the 61st cheapest county in terms of FMRs.

Rent Tables Botetourt County, VA

Fair Market Rent (40th Percentile)

$892
studio
$948
1-Bedroom
$1,141
2-Bedroom
$1,597
3-Bedroom
$1,885
4-Bedroom

Median Rent (50th Percentile)

$950
studio
$1,010
1-Bedroom
$1,215
2-Bedroom
$1,700
3-Bedroom
$2,007
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24012 $880 $940 $1,130 $1,580 $1,870
24019 $1,050 $1,110 $1,340 $1,880 $2,210
24066 $840 $900 $1,070 $1,500 $1,770
24077 $1,030 $1,090 $1,310 $1,840 $2,160
24083 $1,340 $1,420 $1,710 $2,390 $2,820
24085 $820 $850 $990 $1,390 $1,590
24090 $970 $1,030 $1,240 $1,740 $2,050
24130 $840 $890 $1,070 $1,500 $1,770
24175 $880 $940 $1,130 $1,580 $1,870
24438 $840 $890 $1,070 $1,500 $1,770
24450 $830 $870 $980 $1,370 $1,610
24579 $860 $900 $1,020 $1,410 $1,620
24085 $820 $850 $990 $1,390 $1,590
24066 $840 $900 $1,070 $1,500 $1,770
24450 $830 $870 $980 $1,370 $1,610
24579 $860 $900 $1,020 $1,410 $1,620
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24012 $792 $846 $1,017 $1,422 $1,683
24019 $945 $999 $1,206 $1,692 $1,989
24066 $756 $810 $963 $1,350 $1,593
24077 $927 $981 $1,179 $1,656 $1,944
24083 $1,206 $1,278 $1,539 $2,151 $2,538
24085 $738 $765 $891 $1,251 $1,431
24090 $873 $927 $1,116 $1,566 $1,845
24130 $756 $801 $963 $1,350 $1,593
24175 $792 $846 $1,017 $1,422 $1,683
24438 $756 $801 $963 $1,350 $1,593
24450 $747 $783 $882 $1,233 $1,449
24579 $774 $810 $918 $1,269 $1,458
24085 $738 $765 $891 $1,251 $1,431
24066 $756 $810 $963 $1,350 $1,593
24450 $747 $783 $882 $1,233 $1,449
24579 $774 $810 $918 $1,269 $1,458
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24012 $968 $1,034 $1,243 $1,738 $2,057
24019 $1,155 $1,221 $1,474 $2,068 $2,431
24066 $924 $990 $1,177 $1,650 $1,947
24077 $1,133 $1,199 $1,441 $2,024 $2,376
24083 $1,474 $1,562 $1,881 $2,629 $3,102
24085 $902 $935 $1,089 $1,529 $1,749
24090 $1,067 $1,133 $1,364 $1,914 $2,255
24130 $924 $979 $1,177 $1,650 $1,947
24175 $968 $1,034 $1,243 $1,738 $2,057
24438 $924 $979 $1,177 $1,650 $1,947
24450 $913 $957 $1,078 $1,507 $1,771
24579 $946 $990 $1,122 $1,551 $1,782
24085 $902 $935 $1,089 $1,529 $1,749
24066 $924 $990 $1,177 $1,650 $1,947
24450 $913 $957 $1,078 $1,507 $1,771
24579 $946 $990 $1,122 $1,551 $1,782

Fair Market Rents on this page apply to the following cities in Botetourt County, Virginia: Roanoke, Lexington, Troutville, Buchanan, Fincastle, Daleville, Eagle Rock, Natural Bridge Station, Cloverdale, Oriskany, and Glen Wilton.

These Fair Market Rents also apply to the following ZIP codes in Botetourt County, Virginia: 24019, 24012, 24450, 24175, 24066, 24090, 24083, 24085, 24579, 24077, 24130, 24155, and 24438.

Botetourt County, VA is considered part of the following metro FMR area: ROANOKE, VA HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Craig County, VA, Roanoke County, VA, Roanoke city, VA, and Salem city, VA.

More on Botetourt County, VA

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.