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housing costs · Virginia

Housing costs in Lynchburg city

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

FIPS 51680SOURCE: Census ACSEvery figure source-linked

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

Median gross rent

Survey periodValueMargin of errorSource
2020–2024$1,073± $29evidence →
2019–2023$1,043± $32evidence →
2018–2022$972± $24evidence →
2017–2021$928± $21evidence →

Median home value

Survey periodValueMargin of errorSource
2020–2024$229,800± $7,235evidence →
2019–2023$211,800± $5,878evidence →
2018–2022$196,000± $6,434evidence →
2017–2021$169,000± $4,233evidence →

Rent as share of income

Survey periodValueMargin of errorSource
2020–202431.0 %± 2.4 %evidence →
2019–202328.9 %± 1.8 %evidence →
2018–202229.2 %± 1.9 %evidence →
2017–202128.7 %± 1.6 %evidence →

In context

Median rent in Lynchburg city is $1,073, 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.

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