housing costs · Virginia
Housing costs in Charlottesville city
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 | $1,540 | ± $63 | evidence → |
| 2019–2023 | $1,453 | ± $62 | evidence → |
| 2018–2022 | $1,357 | ± $53 | evidence → |
| 2017–2021 | $1,250 | ± $44 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $486,700 | ± $16,002 | evidence → |
| 2019–2023 | $448,400 | ± $20,714 | evidence → |
| 2018–2022 | $398,400 | ± $17,782 | evidence → |
| 2017–2021 | $355,800 | ± $12,744 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 33.5 % | ± 2.7 % | evidence → |
| 2019–2023 | 33.9 % | ± 2.3 % | evidence → |
| 2018–2022 | 34.0 % | ± 2.0 % | evidence → |
| 2017–2021 | 32.5 % | ± 1.5 % | evidence → |
In context
Median rent in Charlottesville city is $1,540, 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.