Average Rent in King and Queen County, VA↓ Rents falling 27.0% YoY🔻 5th cheapest in VA
HUD FY2021 · Official government data · Updated annually · Metro pop. 6,676
Market Overview
King and Queen County, VA has rental prices ranging from $538/month to $1,197/month in 2021, depending on unit size. The typical 1-bedroom apartment rents for $635/month — 55% below the national average of $1,400/month. With a median household income of $72,851/year, spending $635/month on a 1-bedroom represents 10% of gross income — within the recommended 30% threshold.
How King and Queen County Compares
With an average 2-bedroom rent of $797/month, King and Queen County ranks #64 most expensive of the 68 cities tracked in Virginia — more affordable than 97% of all US cities in our data.
The King and Queen County Rental Market
The King and Queen County, VA area has a population of about 6,676 and 23% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in King and Queen County, VA have fallen by $295/month (27.0%) over the past year, from $1,092 to $797. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.
Affordability
To afford a 1-bedroom apartment in King and Queen County, VA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $25,400. The local median household income of $72,851 exceeds that threshold by $47,451, making King and Queen County relatively accessible compared to local wages.
Economy & Jobs
King and Queen County, VA has an unemployment rate of 3.3%, 0.6 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2021Is King and Queen County, VA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in VAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Madison County | $907 | $913 | $1,096 | $1,361 | — |
| Warren County | $983 | $989 | $1,298 | $1,744 | — |
| Richmond | $1,488 | $1,545 | $1,711 | $2,166 | — |
| Roanoke | $892 | $948 | $1,141 | $1,597 | — |
| Lynchburg | $1,043 | $1,062 | $1,200 | $1,647 | — |
| Charlottesville | $1,404 | $1,487 | $1,729 | $2,155 | — |
Rent or Buy in King and Queen County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real King and Queen County data
Renting appears to be the better financial choice for this scenario.
Living in King and Queen County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
Estimate your moving costs based on FMCSA public mover data
Select your origin state to see the estimate
Frequently Asked Questions
Explore More
Compare rent & home prices by neighborhood
💵Rent Affordability in King and Queen CountySalary needed to afford rent here
🗺️All Cities in VASee how King and Queen County ranks statewide
⚖️Compare King and Queen CountySide-by-side rent & cost of living with any city
📋VA Tenant RightsDeposit limits, eviction laws & renters protections