Cost of Living in Manassas Park city, Virginia

$2,175/mo
Median Monthly Rent
$381,200
Median Home Value

At a Glance

Median Monthly Rent
$2,175/mo
91% above state average
Median Home Value
$381,200
35% above national
Rent-to-Income Ratio
30.0%
% 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 Manassas Park city Compares

Median monthly rent comparison

Manassas Park city$2,175/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$2,175/mo
Median Gross Rent
$381,200
Median Home Value
$2,060/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Manassas Park city ranks #2,792 of 3,144 counties for affordability (bottom 11%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Manassas Park city, Virginia

Manassas Park's high rents strain wallets

Renters here face a 25.9% rent-to-income ratio—among the nation's worst—with $2,175 monthly rents consuming nearly a quarter of the $100,668 median household income. Even above-average earnings can't fully offset one of Virginia's steepest rent burdens.

Virginia's least affordable for renters

At 25.9%, Manassas Park's rent-to-income ratio dramatically exceeds Virginia's state average of 18.6%, ranking it among the least affordable jurisdictions statewide. Median rent of $2,175 is 90% higher than the state average, driven by proximity to DC and regional demand.

Northern Virginia's priciest rental market

Manassas Park's $2,175 rent significantly outpaces neighboring Manassas ($1,835) and Lynchburg ($1,043), making it the region's costliest for renters. Home values ($381,200) are also steep, though slightly below Manassas proper, reflecting its smaller footprint and intense demand.

Manassas Park's expensive housing snapshot

Renters dedicate a costly 25.9% of income to rent, while homeowners commit about 24.5% to mortgages—both figures far exceed recommended housing cost thresholds. This means the typical household spends roughly one-quarter of earnings on housing alone.

Manassas Park: know the true cost

Consider Manassas Park only if your household income substantially exceeds the $100,668 median or if DC proximity justifies the 25.9% rent burden. Run detailed budget scenarios to confirm housing costs don't squeeze other family priorities like savings or childcare.

Cost of Living Advisory: Manassas Park city

Affordability Verdict

Manassas Park city is moderately affordable for renters, with a median gross rent of $2,175/month representing approximately 25.9% of median household income. The rent burden (GRAPI) stands at 30.0%.

Rent vs. Own

The median rent in Manassas Park city is $2,175/month, while owner costs run $2,060/month. Owning saves approximately $115/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $87,000/year. For owner costs at the 28% rule, the required income is roughly $88,286/year. With a median household income of $100,668, most households can comfortably afford rent here. Notably, 30.0% of renter households in Manassas Park city are cost-burdened, spending more than 30% of income on housing.

Regional Context

Manassas Park city sits 2% more expensive than Fairfax city ($2,122/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Manassas Park city

$

Rent Burden

25.9%

of gross income

Max Housing (28% Rule)

$2,349

per month

Owner Cost Burden

24.6%

of gross income

The median home in Manassas Park city may be a stretch

Median home value is $381,200. Estimated monthly cost: $3,043 vs. your max of $2,349.

Rent Affordability Guide

Your rent-to-income ratio25.9%
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: $100,668Needed: $87,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $100,668Needed: $88,286
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $100,668Needed: $88,716

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 Manassas Park city, Virginia?
Manassas Park city, Virginia has a median monthly rent of $2,175/mo and a median home value of $381,200. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Manassas Park city?
The median gross rent in Manassas Park city is $2,175/mo. This is 91% above state average for Virginia.
Is Manassas Park city affordable?
Manassas Park city is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Manassas Park city's rent compare to the state average?
Manassas Park city's median rent of $2,175/mo is 91% above state average of $1,140/mo for Virginia.
What is the median home value in Manassas Park city?
The median home value in Manassas Park city, Virginia is $381,200. This is 35% above 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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