Affordability of Rental Housing for Median Owners/Renters

Choose Area to View: VirginiaBlacksburg MSACharlottesville MSAHarrisonburg MSAKingsport MSALynchburg MSARichmond MSARoanoke MSAStaunton-Waynesboro MSAVirginia Beach MSAWashington DC MSAWinchester MSAAccomack CountyAlbemarle CountyAlexandria cityAlleghany CountyAmelia CountyAmherst CountyAppomattox CountyArlington CountyAugusta CountyBath CountyBedford cityBedford CountyBland CountyBotetourt CountyBristol cityBrunswick CountyBuchanan CountyBuckingham CountyBuena Vista cityCampbell CountyCaroline CountyCarroll CountyCharles City CountyCharlotte CountyCharlottesville cityChesapeake cityChesterfield CountyClarke CountyColonial Heights cityCovington cityCraig CountyCulpeper CountyCumberland CountyDanville cityDickenson CountyDinwiddie CountyEmporia cityEssex CountyFairfax cityFairfax CountyFalls Church cityFauquier CountyFloyd CountyFluvanna CountyFranklin cityFranklin CountyFrederick CountyFredericksburg cityGalax cityGiles CountyGloucester CountyGoochland CountyGrayson CountyGreene CountyGreensville CountyHalifax CountyHampton cityHanover CountyHarrisonburg cityHenrico CountyHenry CountyHighland CountyHopewell cityIsle of Wight CountyJames City CountyKing and Queen CountyKing George CountyKing William CountyLancaster CountyLee CountyLexington cityLoudoun CountyLouisa CountyLunenburg CountyLynchburg cityMadison CountyManassas cityManassas Park cityMartinsville cityMathews CountyMecklenburg CountyMiddlesex CountyMontgomery CountyNelson CountyNew Kent CountyNewport News cityNorfolk cityNorthampton CountyNorthumberland CountyNorton cityNottoway CountyOrange CountyPage CountyPatrick CountyPetersburg cityPittsylvania CountyPoquoson cityPortsmouth cityPowhatan CountyPrince Edward CountyPrince George CountyPrince William CountyPulaski CountyRadford cityRappahannock CountyRichmond cityRichmond CountyRoanoke cityRoanoke CountyRockbridge CountyRockingham CountyRussell CountySalem cityScott CountyShenandoah CountySmyth CountySouthampton CountySpotsylvania CountyStafford CountyStaunton citySuffolk citySurry CountySussex CountyTazewell CountyVirginia Beach CityWarren CountyWashington CountyWaynesboro cityWestmoreland CountyWilliamsburg cityWinchester cityWise CountyWythe CountyYork County

In addition to the affordability index and components based on median household income, a Rental Affordability Index based on median owner income and a Rental Affordability Index based on median renter income are provided. These indexes reflect affordability of rental housing at both median owner and renter incomes. (Based on the gross rent, including utilities, for the median unit rented).

This chart shows the trend over time of affordability of rental housing based on the median owner and renter income. Quarterly data are shown at the median owner income which represents the percent of the median household income of owners required to occupy the median rental unit and the percent of median renter income to occupy the median rental unit.

What percentage of a typical renter’s income is needed to afford a typical rental-housing unit?

Missing points = Data not available.
Sources: U.S. Census, American Community Survey and Virginia Tech Center for Housing Research.

Statewide Map of Rent Housing Affordability at Median Owner Income

This map, for the most recent quarter, shows the affordability of the typical rent unit based on the median household income of owners for Virginia Counties and Independent Cities. The map allows for a visual comparison of housing affordability of rent units at the median income of owners for localities in Virginia. More intense red color indicates a higher index (meaning a larger percent of household income is needed for housing). Grey color indicates that data is not available. Move mouse over the map to see the percentage values for individual localities. Use the sliders at the bottom of the map to select a range of values to display (the default is all, 0%-100%).

Statewide Map of Rental Housing Affordability at Median Renter Income

This map, for the most recent quarter, shows the affordability of the typical rent unit based on the median household income of renters for Virginia Counties and Independent Cities. The map allows for a visual comparison of housing affordability of rental units at the median income of renters for localities in Virginia. More intense red color indicates a higher index (meaning a larger percent of household income is needed for housing). Grey color indicates that data is not available. Move mouse over the map to see the percentage values for individual localities. Use the sliders at the bottom of the map to select a range of values to display (the default is all, 0%-100%).

The data contained in SOURCEBOOK is intended for informational, educational and research uses. The information may not be used for commercial purposes or re-marketed. Any reproduction and distribution of this information must clearly identify HousingForward Virginia and SOURCEBOOK as the provider of the information.