housing costs · Virginia
Housing costs in Albemarle County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,692 | ± $33 | evidence → |
| 2019–2023 | $1,623 | ± $38 | evidence → |
| 2018–2022 | $1,570 | ± $38 | evidence → |
| 2017–2021 | $1,434 | ± $36 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $495,400 | ± $13,418 | evidence → |
| 2019–2023 | $471,000 | ± $10,540 | evidence → |
| 2018–2022 | $450,200 | ± $9,694 | evidence → |
| 2017–2021 | $386,400 | ± $10,153 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.0 % | ± 2.1 % | evidence → |
| 2019–2023 | 29.0 % | ± 1.5 % | evidence → |
| 2018–2022 | 28.8 % | ± 1.6 % | evidence → |
| 2017–2021 | 28.6 % | ± 1.9 % | evidence → |
In context
Median rent in Albemarle County is $1,692, above the Virginia median of $1,059 across 133 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.