CostBy County

Cost of Living in Shenandoah County, Virginia

$984/mo
Median Monthly Rent
$294,900
Median Home Value

At a Glance

Median Monthly Rent
$984/mo
16% below state average
Median Home Value
$294,900
11% below national
Census GRAPI
26.5%
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 Shenandoah County Compares

Median monthly rent comparison

Shenandoah County$984/mo
Virginia Average$1,170/mo
National Median$1,413/mo

Detailed Housing Stats

$984/mo
Median Gross Rent
$294,900
Median Home Value
$1,108/mo
Monthly Owner Cost
26.5%
Census GRAPI

National Ranking

Affordability Rank

Shenandoah County ranks #2,281 of 3,142 counties for affordability (bottom 27%)

Most AffordableLeast Affordable

Sourced county brief

Shenandoah County median gross rent remains below state unweighted mean

The median gross rent in Shenandoah County was $984 per month for the period 2020-2024, a figure that is $186 below the Virginia unweighted county mean of $1,170. The official Gross Rent as a Percentage of Household Income (GRAPI) in the county was 26.5%, which is 2.1 percentage points lower than the state unweighted county mean official GRAPI of 28.6%. For owner-occupied housing, the median selected monthly owner cost was $1,108, which is less than the state unweighted county mean of $1,190. The median home value in the county was estimated at $294,900, while the state unweighted county mean was $295,808. The median income for renter households was $47,938. These figures represent a snapshot of census-reported data and do not constitute a prediction of future housing prices or rental rates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Shenandoah County

Affordability Verdict

ACS B25071 estimates median gross rent at 26.5% of renter household income in Shenandoah 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 $984 per month; median selected monthly owner costs are $1,108. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $39,360 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. Shenandoah County's $984 median is 15.9% below that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Shenandoah County

$

Rent Burden

17.6%

of gross income

Max Housing (28% Rule)

$1,568

per month

Owner Cost Burden

19.8%

of gross income

The median home in Shenandoah County may be a stretch

Median home value is $294,900. Estimated monthly cost: $2,354 vs. your max of $1,568.

Rent Affordability Guide

Your entered rent as a share of entered income17.6%
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: $67,191Needed: $39,360
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,191Needed: $47,486
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $67,191Needed: $68,631

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 Shenandoah County, Virginia?
Shenandoah County, Virginia has a median monthly rent of $984/mo and a median home value of $294,900. The affordability rating is Affordable, with median gross rent equal to approximately 26.5% of renter household income.
What is the median rent in Shenandoah County?
The median gross rent in Shenandoah County is $984/mo. This is 16% below state average for Virginia.
Is Shenandoah County affordable?
Shenandoah County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 26.5%. Median gross rent is under 30% of renter household income.
How does Shenandoah County's rent compare to the state average?
Shenandoah County's median rent of $984/mo is 16% below state average of $1,170/mo for Virginia.
What is the median home value in Shenandoah County?
The median home value in Shenandoah County, Virginia is $294,900. This is 11% 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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