Cost of Living in King and Queen County, Virginia

$982/mo
Median Monthly Rent
$240,900
Median Home Value

At a Glance

Median Monthly Rent
$982/mo
14% below state average
Median Home Value
$240,900
15% below national
Rent-to-Income Ratio
24.0%
% 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 King and Queen County Compares

Median monthly rent comparison

King and Queen County$982/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$982/mo
Median Gross Rent
$240,900
Median Home Value
$1,083/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

King and Queen County ranks #338 of 3,144 counties for affordability (top 11%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in King and Queen County, Virginia

King and Queen's housing deals better than most

At 16.2%, King and Queen County's rent-to-income ratio beats the national average and sits well below what most American renters experience. Residents here spend less of their paychecks on rent than the typical U.S. household, making housing more affordable than the national norm.

Affordable housing oasis in Virginia

King and Queen County ranks among Virginia's most affordable places, with a rent-to-income ratio of 16.2% compared to the state average of 18.6%. This rural county offers a genuine relief to renters compared to pricier regions across the state.

Competitive rents in the rural tier

King and Queen's median rent of $982 sits slightly below nearby Lancaster County ($978) and well below King William County ($1,246). Among these rural neighbors, King and Queen offers middle-ground pricing with strong income levels at $72,851.

Renters and owners share affordability

Renters pay $982 monthly while homeowners spend $1,083, and with median household income at $72,851, housing consumes a manageable 16.2% of income. Median home values of $240,900 keep ownership within reach for middle-income families.

Consider King and Queen's rural appeal

If you're weighing rural Virginia options, King and Queen delivers affordable rents and competitive home prices with an above-average household income of $72,851. Compare these numbers to nearby King William or Lancaster to find your ideal balance of affordability and community size.

Cost of Living Advisory: King and Queen County

Affordability Verdict

King and Queen County offers affordable rental housing at a median of $982/month — about 16.2% of the typical household income here.

Rent vs. Own

The median rent in King and Queen County is $982/month, while owner costs run $1,083/month. Renting saves approximately $101/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $39,280/year. For owner costs at the 28% rule, the required income is roughly $46,414/year. With a median household income of $72,851, most households can comfortably afford rent here. Notably, 24.0% of renter households in King and Queen County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Virginia, King and Queen County is more affordable than Southampton County by roughly 6% ($982/mo vs $930/mo).

Affordability Calculator

See how your income compares to housing costs in King and Queen County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,700

per month

Owner Cost Burden

17.8%

of gross income

The median home in King and Queen County may be a stretch

Median home value is $240,900. Estimated monthly cost: $1,923 vs. your max of $1,700.

Rent Affordability Guide

Your rent-to-income ratio16.2%
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: $72,851Needed: $39,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,851Needed: $46,414
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,851Needed: $56,064

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 King and Queen County, Virginia?
King and Queen County, Virginia has a median monthly rent of $982/mo and a median home value of $240,900. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in King and Queen County?
The median gross rent in King and Queen County is $982/mo. This is 14% below state average for Virginia.
Is King and Queen County affordable?
King and Queen County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does King and Queen County's rent compare to the state average?
King and Queen County's median rent of $982/mo is 14% below state average of $1,140/mo for Virginia.
What is the median home value in King and Queen County?
The median home value in King and Queen County, Virginia is $240,900. This is 15% 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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