Cost of Living in Warren County, Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Warren County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Warren County ranks #1,524 of 3,144 counties for affordability (top 48%)
Data Story
About Cost of Living in Warren County, Virginia
Warren balances high pay, reasonable rents
Warren County's 17.1% rent-to-income ratio sits comfortably below Virginia's 18.6% average and beats the national benchmark, even as median rent reaches $1,199 monthly. With median household income at $84,331—well above the national average of $74,755—residents here afford housing relatively easily.
An affordability sweet spot in Virginia
Warren County ranks among Virginia's most affordable places despite charging premium rents, thanks to above-average household incomes. The 17.1% rent-to-income ratio outperforms the state average of 18.6%, positioning Warren as an economically balanced county.
Pricier than rural neighbors, cheaper than Virginia Beach
Warren's $1,199 rent exceeds Washington ($832), Sussex ($952), and Tazewell ($738) but falls far short of Virginia Beach's $1,649. Home values of $315,800 rank second-highest in this comparison, exceeded only by Virginia Beach's $366,300.
Income covers housing comfortably
Renters dedicate $1,199 monthly (17.1% of income) while homeowners spend $1,418 on properties valued at $315,800. The relatively low rent-to-income ratio suggests Warren households have significant resources left after housing for savings and other expenses.
Warren: prosperity meets affordability
Warren County delivers an uncommon combination: home values above $300,000 paired with manageable rents and strong incomes at $84,331 median. If you're relocating for a balance of affordability and economic opportunity, Warren's 17.1% rent-to-income ratio makes it one of Virginia's smartest choices.
Cost of Living Advisory: Warren County
Affordability Verdict
Warren County is affordable for renters, with a median gross rent of $1,199/month representing approximately 17.1% of median household income. The rent burden (GRAPI) stands at 26.0%.
Rent vs. Own
The median rent in Warren County is $1,199/month, while owner costs run $1,418/month. Renting saves approximately $219/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $47,960/year. For owner costs at the 28% rule, the required income is roughly $60,771/year. With a median household income of $84,331, most households can comfortably afford rent here. Notably, 26.0% of renter households in Warren County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Roanoke County where rent averages $1,148/month, Warren County is approximately 4% more expensive.
Affordability Calculator
See how your income compares to housing costs in Warren County
Rent Burden
17.1%
of gross income
Max Housing (28% Rule)
$1,968
per month
Owner Cost Burden
20.2%
of gross income
The median home in Warren County may be a stretch
Median home value is $315,800. Estimated monthly cost: $2,521 vs. your max of $1,968.
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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