Cheapest Cities to Rent in Virginia (2026)
Discover the most affordable cities for renters in Virginia. These 2 cities offer the lowest rent prices in the state, perfect for budget-conscious renters.
$1,655
Cheapest 2BR
$1,684
State Average 2BR
$29
Monthly Savings
$348
Yearly Savings
Top 2 Cheapest Cities in Virginia
Ranked by 2-bedroom rent price (lowest first)
| Rank | City | Studio | 1 Bed | 2 Bed | 3 Bed | Income Needed |
|---|---|---|---|---|---|---|
#1 | Richmond, VA | $1,442 | $1,507 | $1,655 | $2,072 | $66,200/yr |
#2 | Virginia Beach, VA | $1,492 | $1,512 | $1,713 | $2,376 | $68,520/yr |
Why These Virginia Cities Are Affordable
Virginia's affordability varies dramatically by region. Northern Virginia rivals DC prices, while Richmond, Hampton Roads, and smaller cities offer good value.
- Below-average housing costs: These cities have housing indices lower than the state average of 108
- Lower demand: Smaller populations and less competitive markets keep prices reasonable
- Diverse housing stock: Mix of older and newer buildings provides options at various price points
- Regional economies: Local job markets support working populations without coastal-city premiums
Income Requirements
Using the standard 30% of income guideline, here's what you need to earn to afford rent in Virginia's cheapest cities:
#1: Richmond
2BR: $1,655/mo requires $66,200/year
#2: Virginia Beach
2BR: $1,713/mo requires $68,520/year
How Virginia's Cheapest Cities Compare
vs State Average
-$29/mo
cheaper than Virginia average
vs National Average
+$255/mo
more expensive than US average
Cost of Living Index
103
Above national average (100)
What to Consider Before Moving
Best For
- ✓Federal employees
- ✓Military personnel
- ✓History enthusiasts
- ✓Beach lovers
Considerations
- •Very high costs near DC
- •Traffic in Northern Virginia
- •Humid summers