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State Housing Overview

Rent & Housing in Virginia

Based on comprehensive economic data across 202 tracked municipalities, Virginia presents diverse cost of living environments. Macroeconomic modeling identifies Covington as the most cost-efficient market, contrasting starkly with the elevated real estate valuations found in Great Falls. Virginia assesses a 5.75% progressive income tax, while residential property taxes average 0.82%. Financial planning in VA requires careful alignment of localized housing costs against state-level tax obligations.

Use this state hub to understand the statewide housing baseline first, then drop into city pages for a household-level feasibility verdict. The key question here is not just whether Virginia is “cheap” or “expensive”, but which cities look most livable once rent, home values, taxes, and household income are considered together.

Data Updated: March 2026
State Housing Snapshot
Average Rent Burden
19%
Avg annual rent vs household income
Average Price-to-Income
4.3x
Avg home value vs household income
Best Cost Baseline
Covington, VA
Index 66
Highest Pressure
Great Falls, VA
Index 282
Statewide Housing Verdict
Mixed

Virginia sits in the middle: neither uniformly cheap nor uniformly unaffordable. The statewide baseline is 19% average rent burden and 4.3x home-price-to-income, so the best next step is to compare lower-pressure cities against higher-cost metros rather than assuming the whole state behaves the same way.

Average rent burden: 19%Average price-to-income: 4.3xBest baseline city: Covington, VAHighest-pressure city: Great Falls, VA

Virginia Tax Radar

Max Income Tax
5.75%
Progressive Brackets
Est. Sales Tax
5.75%
Local + State Avg
Effective Property Tax
0.82%
Statewide Average
$
Default set to 2023 National Median ($74,580)

At a gross income of $74,580, the localized Virginia marginal tax brackets exact an effective state penalty of 5.0%. This results in an absolute "tax drag" drain of $3,743/year compared to states with no income tax.

Cities Tracked
202
Avg Home Value
$502,674
National: $303,400
Avg Rent
$1,847
National: $1,348
Avg Income
$116,477
National: $78,538

All Cities in Virginia

CityPop.Home ValueRentIncomeIndex
Virginia Beach457,066$418,508$1,953$90,685118
Chesapeake251,153$359,100$2,002$94,189112
Arlington235,463$811,245$2,591$140,160174
Norfolk235,037$302,742$1,696$64,017102
Richmond227,595$361,133$1,574$62,671107
Newport News184,774$287,123$1,596$66,71899
Alexandria156,788$665,724$2,223$113,638153
Hampton137,334$272,161$1,587$67,75897
Roanoke98,677$180,500$964$52,67180
Portsmouth97,299$229,400$1,557$58,97292
Suffolk96,638$329,600$1,880$90,089107
Lynchburg79,255$211,800$1,311$59,80887
Dale City72,793$400,100$1,868$113,245115
Centreville71,885$621,171$2,387$143,704150
Reston63,542$626,565$2,451$139,515152
Harrisonburg51,492$278,200$1,120$59,75293
McLean50,232$1,453,329$2,660$250,001249
Leesburg48,788$850,869$2,290$140,668176
Tuckahoe48,610$442,200$1,479$96,188115
Charlottesville45,863$448,400$1,934$69,829121
Ashburn45,551$799,288$2,738$152,094175
Blacksburg45,288$412,402$1,290$48,070110
Lake Ridge45,007$452,800$2,011$120,844122
Woodbridge43,443$499,397$2,165$100,370134
Burke43,336$723,983$2,715$179,063166
Manassas42,674$549,186$2,158$117,919139
Danville42,239$152,032$808$42,77874
Linton Hall42,077$594,200$2,613$170,989145
Annandale41,982$749,037$1,932$112,872160
Mechanicsville38,437$431,436$1,645$97,569116
Oakton36,776$1,082,626$2,333$163,662203
Fair Oaks35,472$580,500$2,242$119,387139
South Riding34,200$689,400$2,853$190,701159
Petersburg33,365$157,900$1,132$50,74179
Sterling31,251$633,254$2,350$125,753151
Springfield30,894$701,486$2,854$123,691165
West Falls Church30,660$658,700$2,140$131,236147
Fredericksburg28,383$475,651$1,960$85,368129
Short Pump28,177$543,000$1,804$132,194130
Tysons28,022$640,500$2,478$129,189149
Winchester27,981$325,900$1,298$64,648100
Cave Spring26,014$296,700$1,224$85,31496
Staunton25,765$239,300$993$62,58687
Salem25,477$244,800$1,046$66,71688
Bailey's Crossroads25,458$398,200$1,958$84,241115
Herndon24,529$730,346$2,327$141,418162
Fairfax24,478$780,777$2,335$132,774168
Brambleton23,999$833,000$2,592$250,001173
Chantilly23,744$807,237$2,260$143,786170
Chester23,519$290,600$1,463$88,45598
Cherry Hill23,443$470,400$1,853$119,474122
Hopewell22,944$228,181$1,085$48,68186
West Springfield22,905$612,200$2,426$157,800145
Leesylvania22,848$508,800$2,278$137,460132
Christiansburg22,820$299,383$1,171$75,45196
Waynesboro22,574$236,600$972$56,36486
McNair22,451$566,900$2,253$123,327138
Montclair22,295$561,700$2,207$143,357137
Lorton21,961$650,502$2,537$136,719155
Woodlawn CDP (Fairfax County)21,828$309,200$1,789$87,897103
Rose Hill CDP (Fairfax County)21,484$657,900$2,203$160,426148
Merrifield20,549$637,600$2,308$136,173147
Buckhall20,447$598,700$2,591$169,591145
Culpeper20,437$366,300$1,408$91,429110
Meadowbrook20,383$262,600$1,461$79,75094
Lincolnia19,913$699,751$2,087$123,835156
Midlothian18,702$381,600$1,764$105,927112
Franklin Farm18,509$810,600$2,697$210,169171
Sudley18,420$417,100$1,974$92,101117
Colonial Heights18,210$291,617$1,162$76,25095
Laurel18,180$272,300$1,497$69,93296
Franconia18,141$557,800$2,469$152,007139
Gainesville18,036$754,882$2,444$168,978166
Hybla Valley17,877$523,000$1,712$72,068127
Idylwood17,469$708,400$2,022$118,443152
Burke Centre17,447$615,400$2,360$159,932145
Kingstowne17,436$613,300$2,337$150,114144
Bon Air17,302$329,200$1,731$97,620105
Bristol17,024$168,700$775$44,70674
Hollins17,005$227,900$1,113$73,58886
Manassas Park16,923$381,200$2,175$100,668120
Bull Run CDP (Prince William County)16,688$378,800$1,912$86,487113
Glen Allen16,630$505,346$1,930$96,085128
Fort Hunt16,519$984,404$3,563$210,471205
Radford16,505$261,350$966$52,79189
Vienna16,369$1,154,071$3,072$223,571219
Stone Ridge16,340$666,300$2,761$183,211155
East Highland Park16,071$265,603$1,238$69,75093
Wolf Trap16,020$1,153,200$3,590$250,001221
Williamsburg15,564$458,205$1,946$70,206123
Front Royal15,152$284,900$1,133$64,02598
Highland Springs15,091$254,060$1,234$56,93191
Great Falls14,854$1,658,249$3,463$250,001282
Broadlands14,673$859,400$2,549$235,491175
Falls Church14,593$773,202$2,468$154,734169
Brandermill13,938$349,300$1,695$107,748107
Newington13,824$560,900$2,662$146,681142
Martinsville13,584$130,507$784$42,43471
Groveton13,563$568,900$1,829$109,665134
Kings Park West13,281$679,700$2,400$162,007153
Huntington13,250$450,258$2,045$99,580127
Mount Vernon13,120$580,391$1,643$156,875137
Sugarland Run12,920$552,700$2,345$158,977137
Lakeside12,845$334,390$1,330$69,695101
Timberlake12,833$228,200$1,037$68,83385
Lansdowne12,603$753,600$2,229$180,379159
Poquoson12,556$452,173$1,634$120,919119
Cascades12,489$617,100$2,552$166,023147
Forest12,476$405,620$1,112$78,825107
Newington Forest12,434$586,400$2,649$147,650145
Manchester12,347$286,900$1,444$72,46597
Fairfax Station12,298$863,400$2,737$212,128178
Wyndham12,084$673,200$2,076$235,886148
Wakefield12,024$826,100$3,676$221,793184
Stuarts Draft11,920$260,700$1,063$77,58590
Dranesville11,860$713,100$3,105$210,766164
New Baltimore11,595$646,500$0$183,696137
Triangle11,265$566,545$1,606$114,837135
Lowes Island11,199$777,700$2,897$220,238169
Gloucester Point11,159$286,500$1,053$71,58993
Lake Monticello10,820$288,300$2,167$101,363105
Lake Barcroft10,678$848,200$1,914$143,796167
Yorkshire10,678$424,100$1,713$107,283116
Madison Heights10,398$181,300$826$62,72778
Loudoun Valley Estates10,323$773,100$3,055$229,126171
Independent Hill10,217$646,000$2,063$204,500145
Difficult Run10,202$1,052,600$3,673$250,001210
Warrenton10,151$671,269$1,512$80,441146
Woodburn10,046$793,200$2,360$132,760165
George Mason9,954$687,800$2,377$154,479153
Fishersville9,546$322,700$1,389$81,190101
Belmont9,525$807,100$2,853$232,879173
Countryside9,521$567,600$2,313$143,229139
Crozet9,211$583,415$1,897$121,153136
Seven Corners9,171$334,600$1,680$77,234105
University of Virginia9,159$422,200$1,385$44,635112
Purcellville8,974$892,693$2,086$162,981178
Pulaski8,937$152,800$775$50,40974
Rockwood8,834$312,500$1,875$90,804104
Dunn Loring8,782$1,207,899$3,524$236,563231
Smithfield8,729$387,540$1,182$110,182106
Montrose8,624$251,339$1,260$45,06391
Fair Lakes8,617$575,500$2,325$130,789140
Hollymead8,566$413,700$1,995$121,795117
Innsbrook8,559$445,600$1,576$130,534117
Bellwood8,489$316,641$1,132$50,17297
Dumbarton8,407$274,700$1,402$59,08595
Abingdon8,332$217,700$794$54,97680
Wytheville8,224$193,000$706$43,28378
Franklin8,212$240,233$995$65,12587
Lake of the Woods8,165$377,500$1,690$112,917110
Fort Belvoir8,107$244,400$3,212$101,237116
Vinton8,038$179,400$939$64,64379
Greenbriar7,989$627,600$2,167$134,284144
Carrollton7,903$381,900$1,793$113,813112
South Boston7,896$157,300$756$41,10274
Ashland7,667$451,691$1,154$65,000113
Collinsville7,645$123,500$714$50,46570
Farmville7,613$223,700$865$40,28283
Laurel Hill7,551$625,900$2,335$139,803146
Bull Run CDP (Fairfax County)7,513$879,000$3,072$238,500183
North Springfield7,511$630,300$2,272$124,118146
Mantua7,447$947,700$1,955$197,677179
Lexington7,420$275,300$985$89,59890
Woodlake7,373$371,900$1,888$133,782112
Strasburg7,162$338,489$997$59,614102
Floris7,135$843,600$3,166$239,457180
Long Branch7,066$788,900$1,233$180,833152
Sandston7,011$311,630$1,199$57,70898
Hutchison6,936$476,400$2,305$105,125128
Aquia Harbour6,917$444,700$2,660$152,776129
Spotsylvania Courthouse6,793$366,900$1,515$85,321107
South Run6,714$940,900$3,644$250,001197
Bedford6,703$192,600$876$47,69780
Galax6,698$126,800$692$41,43870
Bridgewater6,650$372,400$1,141$81,012104
Buena Vista6,612$153,500$1,067$54,45877
Belle Haven6,590$511,366$1,792$137,878127
Braddock6,404$915,900$2,322$214,563179
Pimmit Hills6,395$925,300$2,219$168,548179
Potomac Mills6,122$553,200$2,025$102,464134
Massanetta Springs6,028$454,900$1,691$104,911119
Woodstock5,851$248,300$941$61,36487
Bensley5,819$252,360$1,183$49,69590
Stafford Courthouse5,780$564,800$1,947$97,030134
Ettrick5,760$184,400$1,223$54,85783
Dumfries5,749$590,557$1,743$78,373140
Marion5,694$160,600$696$37,35774
Covington5,671$80,200$822$42,72466
Emporia5,633$131,100$1,060$49,37575
Crosspointe5,632$921,400$0$247,708169
Moorefield5,598$802,700$2,706$200,754171
Dulles Town Center5,541$561,400$2,186$114,503137
Bealeton5,193$505,560$1,531$103,365128
Big Stone Gap5,193$169,900$823$51,05976
Richlands5,188$107,300$824$37,38269
Falmouth5,036$422,500$1,972$125,305118
Bluefield5,016$161,100$818$53,50075
Chamberlayne5,000$366,844$1,647$102,656109
Orange5,000$252,800$1,070$68,83389

FAQ: Living in Virginia

What is the most affordable city to live in Virginia?+

Among the cities we track, Covington stands out as the most affordable option in Virginia. The median home value there is $80,200, and monthly rent typically runs around $822. The local median household income is $42,724, which tends to go further here than in much of the state.

What is the most expensive city in Virginia?+

Great Falls is currently the priciest market in VA. Homes there are valued at a median of $1,658,249, and renters can expect to pay around $3,463/month. Incomes are higher too — the median household earns $250,001 — but whether that fully offsets the cost premium depends on your lifestyle.

How are taxes in Virginia?+

Virginia has a progressive income tax with a top rate of 5.75%. Property taxes average 0.82% statewide. Combined state and local sales tax can reach 5.75%.

How much does housing vary across Virginia?+

There's a huge range. In Covington, the median home costs around $80,200. In Great Falls, that number jumps to $1,658,249 — roughly 20x more. Rents follow a similar pattern: approximately $822/month vs. $3,463/month. Where you choose to settle within VA can make a dramatic difference in your monthly budget.

Is Virginia a good state to move to?+

It depends on your priorities and budget. Virginia offers a wide range of living costs depending on the city. You can find very affordable communities alongside expensive metro areas. Home prices range from around $80,200 in budget-friendly areas to $1,658,249 in premium markets. Use the city comparison tool to compare housing, rent, property tax, and everyday cost pressure across locations in VA.

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Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
Data Sources & Methodology
  • Real Estate & Housing: Zillow Home Value Index (ZHVI, Smoothed & Seasonally Adjusted) and Zillow Observed Rent Index (ZORI). Structural fallback utilizes U.S. Census Bureau ACS 5-Year Estimates.
  • Goods, Utilities & Services: U.S. Bureau of Economic Analysis (BEA) Metropolitan Area Regional Price Parities (MARPP), incorporating verified State Nonmetropolitan averages.
  • Mortgage Rates: Freddie Mac 30-Year Fixed Rate Mortgage Average in the United States (PMMS) via Federal Reserve Economic Data (FRED).
  • Tax Context: State-level property, sales, and income-tax context used for place-side relocation planning. Personal take-home pay and offer analysis are handled by salary.city.
  • Index Methodology: Weighting matrix derived from Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CEX) distributional models. Baseline standardized at 100. (Read methodology details)
Last data update: March 2026 · Mortgage rates updated monthly