CostBy County

Cost of Living in Lunenburg County, Virginia

$742/mo
Median Monthly Rent
$150,100
Median Home Value

At a Glance

Median Monthly Rent
$742/mo
37% below state average
Median Home Value
$150,100
55% below national
Census GRAPI
19.6%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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 Lunenburg County Compares

Median monthly rent comparison

Lunenburg County$742/mo
Virginia Average$1,170/mo
National Median$1,413/mo

Detailed Housing Stats

$742/mo
Median Gross Rent
$150,100
Median Home Value
$618/mo
Monthly Owner Cost
19.6%
Census GRAPI

National Ranking

Affordability Rank

Lunenburg County ranks #463 of 3,142 counties for affordability (top 15%)

Most AffordableLeast Affordable

Sourced county brief

Lunenburg County Median Gross Rent Percentage Estimated at 19.6 Percent

In Lunenburg County, Virginia, the median gross rent as a percentage of household income (GRAPI) is 19.6%. This official GRAPI value is 9.0 percentage points below the Virginia unweighted county mean of 28.6%. The median gross rent for the county was estimated at $742 per month, which is $428 less than the unweighted county mean of $1,170. Renter households in the area have a median income of $46,944. For owner-occupied units, the median selected monthly owner costs were $618, compared to the state unweighted county mean of $1,190. Additionally, the median home value was estimated at $150,100, while the unweighted county mean for Virginia was $295,808. These statistics represent data collected during the 2020-2024 American Community Survey period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Lunenburg County

Affordability Verdict

ACS B25071 estimates median gross rent at 19.6% of renter household income in Lunenburg County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $742 per month; median selected monthly owner costs are $618. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $29,680 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. Lunenburg County's $742 median is 36.6% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Lunenburg County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,280

per month

Owner Cost Burden

13.5%

of gross income

You can likely afford the median home in Lunenburg County

Median home value is $150,100. Estimated monthly cost: $1,198 vs. your max of $1,280.

Rent Affordability Guide

Your entered rent as a share of entered income16.2%
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: $54,842Needed: $29,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,842Needed: $26,486
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,842Needed: $34,932

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 Lunenburg County, Virginia?
Lunenburg County, Virginia has a median monthly rent of $742/mo and a median home value of $150,100. The affordability rating is Affordable, with median gross rent equal to approximately 19.6% of renter household income.
What is the median rent in Lunenburg County?
The median gross rent in Lunenburg County is $742/mo. This is 37% below state average for Virginia.
Is Lunenburg County affordable?
Lunenburg County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 19.6%. Median gross rent is under 30% of renter household income.
How does Lunenburg County's rent compare to the state average?
Lunenburg County's median rent of $742/mo is 37% below state average of $1,170/mo for Virginia.
What is the median home value in Lunenburg County?
The median home value in Lunenburg County, Virginia is $150,100. This is 55% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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