Cost of Living in Rockingham County, Virginia

$1,125/mo
Median Monthly Rent
$287,900
Median Home Value

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

National Ranking

Affordability Rank

Rockingham County ranks #755 of 3,144 counties for affordability (top 24%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: Rockingham County

Affordability Verdict

Housing in Rockingham County is affordable. The median rent is $1,125/month against a median household income of $78,468, putting rent at 17.2% of income.

Rent vs. Own

Renters in Rockingham County pay $1,125/month on average, compared to $909/month for homeowners. This market favors buyers by about 19%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $45,000/year. For owner costs at the 28% rule, the required income is roughly $38,957/year. With a median household income of $78,468, most households can comfortably afford rent here. Notably, 26.0% of renter households in Rockingham County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Virginia, Rockingham County is more affordable than Middlesex County by roughly 5% ($1,125/mo vs $1,071/mo).

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%

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: $78,468Needed: $45,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $78,468Needed: $38,957
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $78,468Needed: $67,002

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 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.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Rockingham County, Virginia? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Rockingham County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.