Cost of Living in Prince George County, Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Prince George County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Prince George County ranks #1,666 of 3,144 counties for affordability (bottom 47%)
Data Story
About Cost of Living in Prince George County, Virginia
Prince George's rent prices demand attention
Prince George County's rent-to-income ratio of 21.3% edges toward the upper limit of comfort, driven by the state's highest median rent at $1,563 monthly. With median household income of $88,225—still $13,470 below the national median—renters here face above-average pressure relative to their earnings.
High rents, moderate affordability ratio
Prince George's rent-to-income ratio of 21.3% exceeds Virginia's state average of 18.6%, and its median rent of $1,563 is 37% higher than the state average of $1,140. This county sits firmly in the less-affordable tier, despite respectable household incomes.
Pricier than Powhatan and Pulaski
Prince George's median rent of $1,563 far exceeds Powhatan ($1,107) and Pulaski ($815), reflecting its proximity to employment centers and higher demand. While homeowners here enjoy lower monthly costs ($1,282) than renters, the county's rental market remains one of the region's priciest.
Renters bear a heavier load
Renters in Prince George pay $1,563 monthly—significantly more than homeowners' $1,282 in monthly costs—despite similar median home values of $268,300. With median household income at $88,225 annually ($7,352 monthly), renters spend over 21% of gross income on housing, leaving less for savings and other needs.
Prince George demands higher income commitment
If relocating to Prince George, plan for rents around $1,563 monthly and a 21.3% housing burden—above Virginia's comfort zone. This county suits households earning $90,000+ who prioritize proximity to urban amenities over maximum affordability.
Cost of Living Advisory: Prince George County
Affordability Verdict
Prince George County offers affordable rental housing at a median of $1,563/month — about 21.3% of the typical household income here.
Rent vs. Own
Renters in Prince George County pay $1,563/month on average, compared to $1,282/month for homeowners. This market favors buyers by about 18%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $62,520/year. For owner costs at the 28% rule, the required income is roughly $54,943/year. With a median household income of $88,225, most households can comfortably afford rent here. Notably, 29.0% of renter households in Prince George County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Prince George County sits 4% less expensive than Albemarle County ($1,623/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Prince George County
Rent Burden
21.3%
of gross income
Max Housing (28% Rule)
$2,059
per month
Owner Cost Burden
17.4%
of gross income
The median home in Prince George County may be a stretch
Median home value is $268,300. Estimated monthly cost: $2,142 vs. your max of $2,059.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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