Cost of Living in Westmoreland County, Virginia

$991/mo
Median Monthly Rent
$244,000
Median Home Value

At a Glance

Median Monthly Rent
$991/mo
13% below state average
Median Home Value
$244,000
13% below national
Rent-to-Income Ratio
34.0%
% 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 Westmoreland County Compares

Median monthly rent comparison

Westmoreland County$991/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$991/mo
Median Gross Rent
$244,000
Median Home Value
$1,087/mo
Monthly Owner Cost
34.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Westmoreland County ranks #1,054 of 3,144 counties for affordability (top 34%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Westmoreland County, Virginia

Westmoreland: above-average housing burden

Westmoreland County's 19.9% rent-to-income ratio runs well above Virginia's state average of 18.6% and exceeds the national affordability threshold, with median rent at $991 monthly. The median household income of $59,766 falls significantly below the national average of $74,755, intensifying the housing cost squeeze.

Westmoreland faces notable affordability pressure

Westmoreland County ranks among the state's least affordable places, with a 19.9% rent-to-income ratio trailing only Virginia Beach (21.8%) and Waynesboro (20.7%). The combination of moderate rents and lower-than-average income creates sustained housing affordability challenges for residents.

Moderately priced, thinly budgeted

Westmoreland's $991 rent sits between Washington ($832) and Warren ($1,199), while $244,000 home values cluster mid-range across these counties. The county's affordability problem mirrors Waynesboro's: absolute housing costs aren't extreme, but resident incomes make them feel unaffordable.

Renters and owners equally strained

Renters spend $991 monthly (19.9% of income) while homeowners pay $1,087 for properties valued at $244,000—suggesting balanced pressure across both markets. At $59,766 median income, Westmoreland households sacrifice a higher percentage of earnings to housing than most peers.

Westmoreland: moderate costs, tight margins

Westmoreland offers neither the bargain pricing of Tazewell nor the earning power of Virginia Beach—it's a middle-ground with affordability challenges. Relocators should compare the 19.9% housing burden against higher-income counties like Warren ($84,331 median) to ensure financial stability.

Cost of Living Advisory: Westmoreland County

Affordability Verdict

Westmoreland County is affordable for renters, with a median gross rent of $991/month representing approximately 19.9% of median household income. The rent burden (GRAPI) stands at 34.0%.

Rent vs. Own

Renters in Westmoreland County pay $991/month on average, compared to $1,087/month for homeowners. This market favors renters by about 9%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $39,640/year. For owner costs at the 28% rule, the required income is roughly $46,586/year. With a median household income of $59,766, most households can comfortably afford rent here. Notably, 34.0% of renter households in Westmoreland County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Westmoreland County sits 5% less expensive than Lynchburg city ($1,043/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Westmoreland County

$

Rent Burden

19.9%

of gross income

Max Housing (28% Rule)

$1,395

per month

Owner Cost Burden

21.8%

of gross income

The median home in Westmoreland County may be a stretch

Median home value is $244,000. Estimated monthly cost: $1,948 vs. your max of $1,395.

Rent Affordability Guide

Your rent-to-income ratio19.9%
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: $59,766Needed: $39,640
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,766Needed: $46,586
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,766Needed: $56,785

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 Westmoreland County, Virginia?
Westmoreland County, Virginia has a median monthly rent of $991/mo and a median home value of $244,000. The affordability rating is Unaffordable, with rent making up approximately 34.0% of median household income.
What is the median rent in Westmoreland County?
The median gross rent in Westmoreland County is $991/mo. This is 13% below state average for Virginia.
Is Westmoreland County affordable?
Westmoreland County is rated Unaffordable based on rent-to-income ratio of 34.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Westmoreland County's rent compare to the state average?
Westmoreland County's median rent of $991/mo is 13% below state average of $1,140/mo for Virginia.
What is the median home value in Westmoreland County?
The median home value in Westmoreland County, Virginia is $244,000. This is 13% below the national median home value of $281,900.

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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.

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