Fair Market Rent, two bedrooms (HUD, monthly) in Franklin city

Fair Market Rent, two bedrooms (HUD, monthly) in Franklin city was $1,032 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is down 1.8% from 2026. That is the 97th highest of 133 counties in 2027.

2027, USD1,032

Change on 2026-1.8%

Rank97th of 133Counties in Virginia ranked

Series high1,1672025

Series low6342010

Next release: Saturday, 15 May 2027, estimated by Invokely from past publication dates (medium confidence), not announced by the publisher. Release calendar

Fair Market Rent, two bedrooms (HUD, monthly) in Franklin city, 2010 to 2027

USD. Source: HUD, HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Retrieved 2026-10-12.

All 18 values

Period	USD
2027	1,032
2026	1,051
2025	1,167
2024	1,053
2023	953
2022	843
2021	786
2020	818
2019	815
2018	824
2017	748
2016	761
2015	806
2014	748
2013	777
2012	695
2011	653
2010	634

Rankings

Counties in Virginia by fair Market Rent, two bedrooms (HUD, monthly) 133 places

Definition

Monthly gross rent, in US dollars, that the U.S. Department of Housing and Urban Development (HUD) sets for a two-bedroom unit in the HUD area that contains the county. Gross rent is the rent plus all utilities paid by the tenant except telephone, cable or satellite television and internet. HUD sets Fair Market Rents at the 40th percentile of gross rents paid by recent movers for standard-quality rental units, from American Community Survey data brought forward to the fiscal year; until 2018 a few metropolitan areas were set at the 50th percentile. They set payment standards for Housing Choice Vouchers and rent ceilings in other HUD programs.

A policy benchmark, not a measured rent: it is lower than the median rent by design and differs from the Census Bureau median gross rent. HUD sets one value per HUD area, a metropolitan area (sometimes split into HUD Metro FMR Areas) or a non-metropolitan county, so every county of a metropolitan area shows the same figure. Counties in the six New England states have no value, because HUD defines their areas by town and a county can span several areas. Where HUD splits off part of a county, the county value is the rest of the county: Howard County, Maryland, without Columbia until FY2015, and Crawford County, Missouri, without its part of Sullivan. The year is HUD's federal fiscal year: FY2027 runs from 1 October 2026 to 30 September 2027.

How to cite

U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. (n.d.). HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars (Fair Market Rent, two bedrooms (HUD, monthly), Franklin city, 2010 to 2027) [Data set]. Retrieved October 12, 2026, from https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx

MLA 9

HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars, Fair Market Rent, two bedrooms (HUD, monthly), Franklin city, 2010 to 2027. U.S. Department of Housing and Urban Development, Office of Policy Development and Research, https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/franklin-city-virginia. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. n.d. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Fair Market Rent, two bedrooms (HUD, monthly), Franklin city, 2010 to 2027. Dataset. Accessed October 12, 2026. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Also distributed by Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/franklin-city-virginia.

Harvard

U.S. Department of Housing and Urban Development, Office of Policy Development and Research (no date) HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars, Fair Market Rent, two bedrooms (HUD, monthly), Franklin city, 2010 to 2027 [Dataset]. Available at: https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx, via Invokely: https://invokely.ai/en/fair-market-rent-two-bedroom/franklin-city-virginia (Accessed: 12 October 2026).

BibTeX

@misc{department_fair_market_rent_two_2027,
  author = {{U.S. Department of Housing and Urban Development, Office of Policy Development and Research}},
  title = {{HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars: Fair Market Rent, two bedrooms (HUD, monthly), Franklin city, 2010 to 2027}},
  howpublished = {Data set},
  url = {https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/franklin-city-virginia. Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27\_FMRs.xlsx. Retrieved 2026-10-12.},
}

RIS

TY  - DATA
AU  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
TI  - HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars: Fair Market Rent, two bedrooms (HUD, monthly), Franklin city, 2010 to 2027
PB  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
DB  - Invokely
UR  - https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx
L2  - https://invokely.ai/en/fair-market-rent-two-bedroom/franklin-city-virginia
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/franklin-city-virginia.
N1  - Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.
ER  -

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Questions

What is the fair Market Rent, two bedrooms (HUD, monthly) in Franklin city?

Where does this figure come from?

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Retrieved by Invokely on 2026-10-12.

What was the highest fair Market Rent, two bedrooms (HUD, monthly) in Franklin city?

$1,167 in 2025, the highest value since 2010 in this series.

Related statistics for Franklin city

All statistics for Franklin city | Franklin city in figures