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housing costs · Virginia

Housing costs in Danville city

What it costs to live here: rent, home values and the share of income rent takes.

FIPS 51590SOURCE: Census ACSEvery figure source-linked

Cite: FACTANKER, https://factanker.com/us/va/danville-city/housing-costs

Median gross rent

Survey periodValueMargin of errorSource
2020–2024$836± $32evidence →
2019–2023$808± $33evidence →
2018–2022$770± $38evidence →
2017–2021$733± $31evidence →

Median home value

Survey periodValueMargin of errorSource
2020–2024$119,100± $6,595evidence →
2019–2023$110,200± $7,004evidence →
2018–2022$102,000± $7,541evidence →
2017–2021$91,800± $4,771evidence →

Rent as share of income

Survey periodValueMargin of errorSource
2020–202427.7 %± 2.0 %evidence →
2019–202327.4 %± 1.9 %evidence →
2018–202227.3 %± 1.8 %evidence →
2017–202128.0 %± 1.9 %evidence →

In context

Median rent in Danville city is $836, below 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.

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