Cost of Living in Rockingham County, Virginia

$1,125/mo
Median Monthly Rent
$287,900
Median Home Value
1% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,125/mo
1% below state average
Median Home Value
$287,900
2% above national
Rent-to-Income Ratio
26.0%
% 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 Rockingham County Compares

Median monthly rent comparison

Rockingham County$1,125/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$1,125/mo
Median Gross Rent
$287,900
Median Home Value
$909/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Rockingham County, Virginia

Rockingham combines income and affordability

Rockingham County's rent-to-income ratio of 17.2% is the second-lowest profiled and comfortably below Virginia's state average of 18.6%. With a median household income of $78,468—above both state and national medians—residents enjoy strong earning power paired with manageable housing costs.

Near the top for Virginia affordability

Rockingham County's 17.2% rent-to-income ratio ranks among Virginia's most affordable markets, substantially better than the state average of 18.6%. The median rent of $1,125 remains reasonable despite above-average incomes, signaling a healthy balance between supply and demand.

Better than most regional peers

Rockingham County's $1,125 median rent falls between Roanoke County ($1,148) and Richmond County ($1,011), yet its 17.2% rent-to-income ratio beats both thanks to higher incomes. Home values of $287,900 are competitive with Roanoke County, offering solid suburban living at reasonable prices.

Strong income offsets moderate rents

Renters allocate $1,125 monthly to housing while homeowners pay $909 from a solid median income of $78,468. At 17.2%, the rent-to-income ratio is the second-best among profiled counties, reflecting the county's economic strength and housing balance.

Ideal for families prioritizing stability

Rockingham County combines strong local incomes, below-average housing burdens, and Shenandoah Valley charm—making it ideal for families seeking economic security. With the second-lowest rent-to-income ratio statewide, you'll enjoy both affordability and access to quality neighborhoods and schools.

Affordability Calculator

See how your income compares to housing costs in Rockingham County

$

Rent Burden

17.2%

of gross income

Max Housing (28% Rule)

$1,831

per month

Owner Cost Burden

13.9%

of gross income

The median home in Rockingham County may be a stretch

Median home value is $287,900. Estimated monthly cost: $2,298 vs. your max of $1,831.

Rent Affordability Guide

Your rent-to-income ratio17.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Rockingham County, Virginia?
Rockingham County, Virginia has a median monthly rent of $1,125/mo and a median home value of $287,900. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Rockingham County?
The median gross rent in Rockingham County is $1,125/mo. This is 1% below state average for Virginia.
Is Rockingham County affordable?
Rockingham County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Rockingham County's rent compare to the state average?
Rockingham County's median rent of $1,125/mo is 1% below state average of $1,140/mo for Virginia.
What is the median home value in Rockingham County?
The median home value in Rockingham County, Virginia is $287,900. This is 2% 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.