RentData

Average Rent in Warren County, VA Rents rising 11.4% YoY🔺 9th priciest in VA

HUD FY2025 · Official government data · Updated annually · Metro pop. 6,263,796

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Warren County, VA has rental prices ranging from $983/month to $2,180/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $989/month — 29% below the national average of $1,400/month. With a median household income of $123,896/year, spending $989/month on a 1-bedroom represents 10% of gross income — within the recommended 30% threshold.

How Warren County Compares

With an average 2-bedroom rent of $1,298/month, Warren County ranks #9 most expensive of the 68 cities tracked in Virginia — pricier than 86% of all US cities in our data.

The Warren County Rental Market

The Warren County, VA area has a population of about 6,263,796 and 37% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Warren County, VA have risen by $133/month (11.4%) over the past year, from $1,165 to $1,298. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Warren County, VA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $39,560. The local median household income of $123,896 exceeds that threshold by $84,336, making Warren County relatively accessible compared to local wages.

Fair Market Rents

HUD FY2025
Studio
$983
Affordable
1 Bedroom
$989
Affordable
2 Bedrooms
$1,298
11.4% YoY
Affordable
3 Bedrooms
$1,744
Affordable
4 Bedrooms
$2,180
Affordable
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Is Warren County, VA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$51,920/year
Local median income: $123,896
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,298/month and 20% down on a home at 7% rate.

Nearby Cities in VAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Madison County$907$913$1,096$1,361
King and Queen County$1,152$1,197$1,325$1,645
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 Warren County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Warren County data

$
Home Value
$350,000
2BR Rent
$1,298/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,298/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Warren County

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Frequently Asked Questions

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🏘️Neighborhoods in Warren County

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💵Rent Affordability in Warren County

Salary needed to afford rent here

🗺️All Cities in VA

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⚖️Compare Warren County

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📋VA Tenant Rights

Deposit limits, eviction laws & renters protections