Cost of Living in Staunton city, Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Staunton city Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Staunton city, Virginia
Staunton's Urban Affordability Challenge
Staunton city's 19.0% rent-to-income ratio exceeds the national average, reflecting tight housing markets in this historic downtown revitalization hub. At $993 monthly rent and $62,586 median household income, urban amenities come at a premium compared to surrounding rural counties.
Above Virginia's Average Ratio
Staunton city's 19.0% rent-to-income ratio exceeds Virginia's 18.6% state average, placing it among the commonwealth's tighter housing markets. This premium reflects the city's growing popularity as a cultural and economic center, attracting young professionals and remote workers.
Urban Premium vs. Rural Bargains
Staunton's $993 rent significantly exceeds nearby rural counties like Shenandoah ($968) while its 19.0% ratio exceeds Southwest Virginia's affordable trio of Scott, Smyth, and Shenandoah. The urban affordability challenge reflects Staunton's renewed appeal as a downtown revitalization success story.
Balanced Urban Housing Costs
Renters in Staunton spend $993 monthly while homeowners pay $1,040—a modest $47 gap reflecting the city's accessible ownership markets. With median home values of $239,300 and median income of $62,586, first-time homebuyers find urban convenience within reasonable reach.
Staunton: Downtown Living Trade-offs
Staunton city offers walkable urban amenities at a premium—$993 rents and $239,300 homes—compared to surrounding rural Virginia. If downtown culture and community justify higher housing costs, compare Staunton's value against other revitalized small cities across the state.
Affordability Calculator
See how your income compares to housing costs in Staunton city
Rent Burden
19.0%
of gross income
Max Housing (28% Rule)
$1,460
per month
Owner Cost Burden
19.9%
of gross income
The median home in Staunton city may be a stretch
Median home value is $239,300. Estimated monthly cost: $1,910 vs. your max of $1,460.
Rent Affordability Guide
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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.