Rent prices in U.S. Virgin Islands (FY2027)
The average FY2027 Fair Market Rent for a 2-bedroom in U.S. Virgin Islands is $1,396 a month including utilities — 21% below the U.S. average, ranging from $1,237 to $2,025 by area. Find your metro below and check what you can afford.
Rural counties (non-metro)
Big number = 2-bedroom FMR. HUD sets a floor: no 2-bedroom FMR may be below the lower of the state’s or the national non-metro median ($1,014 for FY2027).
Rent affordability check
Compares the FY2027 Fair Market Rents averaged across U.S. Virgin Islands with 30% of your gross monthly income — HUD’s line for a “cost-burdened” renter. For the 28/36 rule and your debts, use the full rent affordability calculator.
Income needed at the U.S. Virgin Islands average
Gross yearly income so that rent plus utilities is 30% of income; hourly = yearly ÷ 2,080 hours.
What a Fair Market Rent is (and is not)
A Fair Market Rent (FMR) is set every year by the U.S. Department of Housing and Urban Development (HUD). It is HUD’s estimate of the 40th-percentile gross rent — rent plus utilities (except phone, cable and internet) — paid by recent movers into standard-quality, non-luxury rental homes in an area. In other words, about 40% of recently rented units in the area cost less than the FMR and about 60% cost more.
FMRs are not asking rents and not the price of any specific listing. They are built from Census Bureau American Community Survey rents and updated with inflation and trend factors, so they lag the newest listings and smooth out neighborhood differences. HUD uses them to set Housing Choice Voucher (Section 8) payment standards and other program rents. Treat them as a solid, official benchmark for a typical modest rental — new listings in popular neighborhoods often cost more.
Questions & answers
What is the average rent in U.S. Virgin Islands?
Using HUD’s FY2027 Fair Market Rents, the population-weighted average for a 2-bedroom in U.S. Virgin Islands is $1,396 a month including utilities — 21% below the U.S. average of $1,761. A 1-bedroom averages $1,146 and a studio $1,063.
Where is rent cheapest in U.S. Virgin Islands?
The lowest FY2027 2-bedroom FMR in U.S. Virgin Islands is $1,237 in St. Croix Island, VI; the highest is $2,025 in St. John Island, VI.
How much do I need to earn to rent in U.S. Virgin Islands?
At the 30% rule, a 2-bedroom at the state-average FMR of $1,396 needs $55,840 a year in gross income (about $26.85 an hour full-time). A 1-bedroom at $1,146 needs $45,840.
Did rent go up in U.S. Virgin Islands this year?
The population-weighted 2-bedroom FMR in U.S. Virgin Islands changed +1.2% from FY2026 to FY2027, compared with +1.5% for the U.S.
Is the Fair Market Rent what landlords charge?
Not exactly. It is HUD’s 40th-percentile estimate of rent plus utilities paid by recent movers into standard-quality units — a benchmark for a modest rental. Many listings, especially new or central ones, ask more.
Source: HUD User, FY2027 Fair Market Rents (effective October 1, 2026; Federal Register notice), compared with FY2026 revised FMRs. HUD data is in the public domain. State and U.S. averages are Tachlis calculations weighted by each county’s population as listed in HUD’s file. HUD may revise FMRs for areas that request a reevaluation.
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