Russell County, VA

2025 Fair Market Rents

Tags: 2025 Virginia

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 Russell County are Lebanon, Cedar Bluff, Castlewood, and Nickelsville. 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 Russell County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Russell 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 Russell County compare?

Russell County ($851) has a 36.7% lower FMR for 2-Bedroom housing than the average of Virginia ($1,345) and therefore has a lower gross rent.

Russell County is rank 109th out of 133 counties. This means the FMRs, or in other words, the gross rent is lower than 108 other counties. Russell County is the 25th cheapest county in terms of FMRs.

Rent Tables Russell County, VA

Fair Market Rent (40th Percentile)

$672
studio
$676
1-Bedroom
$851
2-Bedroom
$1,044
3-Bedroom
$1,258
4-Bedroom

Median Rent (50th Percentile)

$672
studio
$676
1-Bedroom
$851
2-Bedroom
$1,044
3-Bedroom
$1,258
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
24271 $650 $710 $900 $1,160 $1,330
24225 $670 $680 $850 $1,060 $1,260
24225 $670 $680 $850 $1,060 $1,260
24224 $830 $830 $1,050 $1,290 $1,550
24225 $670 $680 $850 $1,060 $1,260
24266 $670 $680 $850 $1,040 $1,260
24271 $650 $710 $900 $1,160 $1,330
24280 $670 $680 $850 $1,040 $1,260
24609 $660 $660 $850 $1,030 $1,250
24609 $660 $660 $850 $1,030 $1,250
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24271 $585 $639 $810 $1,044 $1,197
24225 $603 $612 $765 $954 $1,134
24225 $603 $612 $765 $954 $1,134
24224 $747 $747 $945 $1,161 $1,395
24225 $603 $612 $765 $954 $1,134
24266 $603 $612 $765 $936 $1,134
24271 $585 $639 $810 $1,044 $1,197
24280 $603 $612 $765 $936 $1,134
24609 $594 $594 $765 $927 $1,125
24609 $594 $594 $765 $927 $1,125
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24271 $715 $781 $990 $1,276 $1,463
24225 $737 $748 $935 $1,166 $1,386
24225 $737 $748 $935 $1,166 $1,386
24224 $913 $913 $1,155 $1,419 $1,705
24225 $737 $748 $935 $1,166 $1,386
24266 $737 $748 $935 $1,144 $1,386
24271 $715 $781 $990 $1,276 $1,463
24280 $737 $748 $935 $1,144 $1,386
24609 $726 $726 $935 $1,133 $1,375
24609 $726 $726 $935 $1,133 $1,375

Fair Market Rents on this page apply to the following cities in Russell County, Virginia: Lebanon, Cedar Bluff, Castlewood, Nickelsville, Cleveland, and Rosedale.

These Fair Market Rents also apply to the following ZIP codes in Russell County, Virginia: 24266, 24609, 24224, 24271, 24225, and 24280.

More on Russell County, VA

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

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