Cost of Living in Colonial Heights city, Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Colonial Heights city Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Colonial Heights city ranks #2,615 of 3,142 counties for affordability (bottom 17%)
Sourced county brief
Colonial Heights City Median GRAPI Calculated at 31.8%
In Colonial Heights city, the official median gross rent as a percentage of household income (GRAPI) is 31.8%. This value is 3.2 percentage points higher than the Virginia unweighted county mean official GRAPI of 28.6%. The median gross rent in the city was estimated at $1,234 per month, exceeding the state unweighted county mean of $1,170. For homeowners, the median home value is $246,600, compared to the Virginia unweighted county mean of $295,808. Median selected monthly owner costs are $1,203, which is $13 above the state unweighted county mean of $1,190. Median renter-household income was recorded at $47,682. This snapshot is based on the 2020-2024 ACS 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Colonial Heights city
Affordability Verdict
ACS B25071 estimates median gross rent at 31.8% of renter household income in Colonial Heights city, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,234 per month; median selected monthly owner costs are $1,203. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $49,360 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Virginia unweighted mean of county median rents is $1,170 per month. Colonial Heights city's $1,234 median is 5.5% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Colonial Heights city
Rent Burden
19.4%
of gross income
Max Housing (28% Rule)
$1,785
per month
Owner Cost Burden
18.9%
of gross income
The median home in Colonial Heights city may be a stretch
Median home value is $246,600. Estimated monthly cost: $1,969 vs. your max of $1,785.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Colonial Heights city, Virginia?
What is the median rent in Colonial Heights city?
Is Colonial Heights city affordable?
How does Colonial Heights city's rent compare to the state average?
What is the median home value in Colonial Heights city?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Colonial Heights city, Virginia? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Colonial Heights city
Whether you're buying in Colonial Heights city, Virginia, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.