Fair Market Rent
Efficiency
$773
1 Bedroom
$778
2 Bedroom
$914
3 Bedroom
$1,259
4 Bedroom
$1,358
Metro/FMR area: Alleghany County-Clifton Forge city-Covington city, VA HUD Nonmet
Source: HUD Fair Market Rents, 2026. Monthly rent, per unit.
Drought Conditions
D0 — Abnormally DryWeek of Tue Aug 18 2026. Source: U.S. Drought Monitor (NDMC/USDA/NOAA).
Disaster Declarations
- SEVERE WINTER STORMFri Jan 23 2026
- TROPICAL STORM HELENETue Oct 01 2024
- POST-TROPICAL CYCLONE HELENESun Sep 29 2024
Source: FEMA OpenFEMA.
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Frequently Asked Questions
What is the Fair Market Rent for a 2-bedroom in Covington city?
HUD's Fair Market Rent for a 2-bedroom unit in Covington city is $914/month for 2026.
What is the Fair Market Rent for a 1-bedroom in Covington city?
HUD's Fair Market Rent for a 1-bedroom unit in Covington city is $778/month for 2026.