Cost of Living in Campbell County, Virginia

$853/mo
Median Monthly Rent
$199,200
Median Home Value

At a Glance

Median Monthly Rent
$853/mo
25% below state average
Median Home Value
$199,200
29% 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 Campbell County Compares

Median monthly rent comparison

Campbell County$853/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$853/mo
Median Gross Rent
$199,200
Median Home Value
$779/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Campbell County ranks #860 of 3,144 counties for affordability (top 27%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Campbell County, Virginia

Campbell balances affordability with decent wages

Campbell County's 16.4% rent-to-income ratio beats both Virginia's average of 18.6% and national norms, helped by a median household income of $62,608. Renters here enjoy some of the state's lighter housing burdens relative to earnings.

Top-tier affordability across Virginia

Campbell ranks among Virginia's most affordable counties, combining solid wages with restrained rents that average just $853 monthly—25% below the state median. The county's balanced housing market serves both renters and buyers well.

Affordable rent, reasonable ownership costs

Campbell's $853 rent undercuts neighbors Buckingham ($874) and Caroline ($1,201), while owner costs of $779 sit between Buckingham ($661) and Charlotte ($574). The county offers middle-ground pricing that appeals across household types.

Balanced burden across rental and owned homes

Campbell renters allocate 16.4% of their $62,608 income to $853 monthly rent, while owner-occupants spend 14.9% on $779 mortgage payments. This tight clustering of affordability ratios suggests the county serves both groups equitably.

Campbell delivers reliable affordability statewide

Relocating to Campbell County works well for both renters and buyers seeking Virginia affordability without sacrificing wages or home values around $199,200. Compare its balanced costs to higher-burden Buena Vista or lower-cost Carroll for your needs.

Cost of Living Advisory: Campbell County

Affordability Verdict

Housing in Campbell County is affordable. The median rent is $853/month against a median household income of $62,608, putting rent at 16.3% of income.

Rent vs. Own

At $853/month rent versus $779/month in owner costs, owning is roughly $74/month cheaper — a 9% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,120/year. For owner costs at the 28% rule, the required income is roughly $33,386/year. With a median household income of $62,608, most households can comfortably afford rent here. Notably, 26.0% of renter households in Campbell County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Franklin County where rent averages $797/month, Campbell County is approximately 7% more expensive.

Affordability Calculator

See how your income compares to housing costs in Campbell County

$

Rent Burden

16.3%

of gross income

Max Housing (28% Rule)

$1,461

per month

Owner Cost Burden

14.9%

of gross income

The median home in Campbell County may be a stretch

Median home value is $199,200. Estimated monthly cost: $1,590 vs. your max of $1,461.

Rent Affordability Guide

Your rent-to-income ratio16.3%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,608Needed: $34,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,608Needed: $33,386
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,608Needed: $46,359

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Campbell County, Virginia?
Campbell County, Virginia has a median monthly rent of $853/mo and a median home value of $199,200. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Campbell County?
The median gross rent in Campbell County is $853/mo. This is 25% below state average for Virginia.
Is Campbell County affordable?
Campbell 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 Campbell County's rent compare to the state average?
Campbell County's median rent of $853/mo is 25% below state average of $1,140/mo for Virginia.
What is the median home value in Campbell County?
The median home value in Campbell County, Virginia is $199,200. This is 29% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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