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housing costs · Virginia

Housing costs in Montgomery County

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

FIPS 51121SOURCE: Census ACSEvery figure source-linked

Cite: FACTANKER, https://factanker.com/us/va/montgomery-county/housing-costs

Median gross rent

Survey periodValueMargin of errorSource
2020–2024$1,240± $48evidence →
2019–2023$1,206± $33evidence →
2018–2022$1,161± $38evidence →
2017–2021$1,082± $34evidence →

Median home value

Survey periodValueMargin of errorSource
2020–2024$304,600± $12,531evidence →
2019–2023$283,600± $7,760evidence →
2018–2022$269,300± $9,478evidence →
2017–2021$235,800± $8,069evidence →

Rent as share of income

Survey periodValueMargin of errorSource
2020–202431.6 %± 2.2 %evidence →
2019–202330.8 %± 2.1 %evidence →
2018–202231.8 %± 1.9 %evidence →
2017–202131.4 %± 2.1 %evidence →

In context

Median rent in Montgomery County is $1,240, 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.