Cost of Living in Manassas Park city, Virginia

$2,175/mo
Median Monthly Rent
$381,200
Median Home Value
91% above state averageUnaffordable

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

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.

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%

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