Cost of Living in Augusta County, Virginia

$1,057/mo
Median Monthly Rent
$281,400
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,057/mo
7% below state average
Median Home Value
$281,400
0% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Augusta County Compares

Median monthly rent comparison

Augusta County$1,057/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$1,057/mo
Median Gross Rent
$281,400
Median Home Value
$978/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Augusta County, Virginia

Augusta stays below the national housing burden

Augusta County's rent-to-income ratio of 15.9% sits comfortably below the national threshold of 30% that housing experts consider affordable. With a median household income of $79,972—higher than the national median of $74,755—Augusta residents spend less of their paychecks on rent than most Americans do.

Virginia's most affordable rental markets

Augusta ranks among Virginia's better housing values, with a rent-to-income ratio of 15.9% compared to the state average of 18.6%. The county's median rent of $1,057 falls below Virginia's state average of $1,140, making it an accessible option for renters across the income spectrum.

A sweet spot in the region

Augusta's median rent of $1,057 runs nearly identical to nearby Bedford County ($955) and Botetourt County ($951), making the three counties highly competitive for renters. However, Augusta offers slightly higher median income ($79,972) than Bath County ($61,709), giving residents more breathing room in their budgets.

Rent and ownership costs in balance

Renters pay $1,057 monthly while homeowners spend $978, a rare equilibrium in Virginia's housing market. With a median home value of $281,400 and household income of $79,972, Augusta residents allocate roughly 15.9% to rent and 14.7% to mortgage payments—both well within the affordable range.

Consider Augusta for stable housing costs

If you're relocating to Virginia and want reasonable rent, strong local incomes, and moderate home values, Augusta County delivers on all three fronts. Compare its $1,057 median rent and $79,972 median income against pricier Northern Virginia markets or lower-income southwestern counties to see the advantage.

Affordability Calculator

See how your income compares to housing costs in Augusta County

$

Rent Burden

15.9%

of gross income

Max Housing (28% Rule)

$1,866

per month

Owner Cost Burden

14.7%

of gross income

The median home in Augusta County may be a stretch

Median home value is $281,400. Estimated monthly cost: $2,247 vs. your max of $1,866.

Rent Affordability Guide

Your rent-to-income ratio15.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Augusta County, Virginia?
Augusta County, Virginia has a median monthly rent of $1,057/mo and a median home value of $281,400. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Augusta County?
The median gross rent in Augusta County is $1,057/mo. This is 7% below state average for Virginia.
Is Augusta County affordable?
Augusta County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Augusta County's rent compare to the state average?
Augusta County's median rent of $1,057/mo is 7% below state average of $1,140/mo for Virginia.
What is the median home value in Augusta County?
The median home value in Augusta County, Virginia is $281,400. This is 0% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Augusta County, Virginia? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Augusta County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.