CostBy County

Cost of Living in Mecklenburg County, Virginia

$823/mo
Median Monthly Rent
$192,600
Median Home Value

At a Glance

Median Monthly Rent
$823/mo
30% below state average
Median Home Value
$192,600
42% below national
Census GRAPI
24.4%
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 Mecklenburg County Compares

Median monthly rent comparison

Mecklenburg County$823/mo
Virginia Average$1,170/mo
National Median$1,413/mo

Detailed Housing Stats

$823/mo
Median Gross Rent
$192,600
Median Home Value
$734/mo
Monthly Owner Cost
24.4%
Census GRAPI

National Ranking

Affordability Rank

Mecklenburg County ranks #1,093 of 3,142 counties for affordability (top 35%)

Most AffordableLeast Affordable

Sourced county brief

Mecklenburg County Renter Median Income Estimated at $32,715

The median renter-household income in Mecklenburg County, Virginia, was $32,715 according to the 2020-2024 ACS 5-Year Estimates. The county's official median gross rent as a percentage of household income (GRAPI) is 24.4%, which is 4.2 percentage points below the Virginia unweighted county mean of 28.6%. Median gross rent for the county was recorded at $823 per month, compared to the state unweighted county mean of $1,170. For owner-occupied units, the median home value was $192,600, while the Virginia unweighted county mean was $295,808. The median selected monthly owner costs were $734, which is $456 below the state unweighted county mean of $1,190. These figures represent a snapshot of the housing cost statistics for the period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Mecklenburg County

Affordability Verdict

ACS B25071 estimates median gross rent at 24.4% of renter household income in Mecklenburg 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 $823 per month; median selected monthly owner costs are $734. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $32,920 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. Mecklenburg County's $823 median is 29.7% below that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Mecklenburg County

$

Rent Burden

17.3%

of gross income

Max Housing (28% Rule)

$1,331

per month

Owner Cost Burden

15.4%

of gross income

The median home in Mecklenburg County may be a stretch

Median home value is $192,600. Estimated monthly cost: $1,538 vs. your max of $1,331.

Rent Affordability Guide

Your entered rent as a share of entered income17.3%
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: $57,045Needed: $32,920
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,045Needed: $31,457
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,045Needed: $44,823

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 Mecklenburg County, Virginia?
Mecklenburg County, Virginia has a median monthly rent of $823/mo and a median home value of $192,600. The affordability rating is Affordable, with median gross rent equal to approximately 24.4% of renter household income.
What is the median rent in Mecklenburg County?
The median gross rent in Mecklenburg County is $823/mo. This is 30% below state average for Virginia.
Is Mecklenburg County affordable?
Mecklenburg County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 24.4%. Median gross rent is under 30% of renter household income.
How does Mecklenburg County's rent compare to the state average?
Mecklenburg County's median rent of $823/mo is 30% below state average of $1,170/mo for Virginia.
What is the median home value in Mecklenburg County?
The median home value in Mecklenburg County, Virginia is $192,600. This is 42% 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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