Cheapest Cities to Rent in Virginia (2026)
The cheapest rent in Virginia is in Richmond, VA, where a 2-bedroom averages $1,655/mo and a 1-bedroom $1,507/mo (2026 HUD Fair Market Rent) — $29/mo below the Virginia average 2BR of $1,684. The table below ranks all 2 of the cheapest cities to rent in Virginia.
Top 2 Cheapest Cities in Virginia
Ranked by 2-bedroom rent price (lowest first)
| Rank | City | Studio | 1 Bed | 2 Bed | 3 Bed | Income Needed |
|---|---|---|---|---|---|---|
#1 | Richmond, VA | $1,442 | $1,507 | $1,655 | $2,072 | $66,200/yr |
#2 | Virginia Beach, VA | $1,492 | $1,512 | $1,713 | $2,376 | $68,520/yr |
Why These Virginia Cities Are Affordable
Virginia's affordability varies dramatically by region. Northern Virginia rivals DC prices, while Richmond, Hampton Roads, and smaller cities offer good value.
- Below-average housing costs: These cities have housing indices lower than the state average of 108
- Lower demand: Smaller populations and less competitive markets keep prices reasonable
- Diverse housing stock: Mix of older and newer buildings provides options at various price points
- Regional economies: Local job markets support working populations without coastal-city premiums
Income Requirements
Using the standard 30% of income guideline, here's what you need to earn to afford rent in Virginia's cheapest cities:
How Virginia's Cheapest Cities Compare
What to Consider Before Moving
Best For
- ✓Federal employees
- ✓Military personnel
- ✓History enthusiasts
- ✓Beach lovers
Considerations
- •Very high costs near DC
- •Traffic in Northern Virginia
- •Humid summers
Cheapest Rent in Virginia: FAQ
Where is the cheapest rent in Virginia?
The cheapest rent in Virginia is in Richmond, VA, where a 2-bedroom averages $1,655/month and a 1-bedroom $1,507/month in 2026 (HUD Fair Market Rent). Next cheapest: Virginia Beach ($1,713).
How much can I save renting in Virginia's cheapest cities?
By choosing Virginia's cheapest city over the state average 2BR of $1,684, you could save $29/month or $348/year on rent.
Is rent in Virginia's cheapest city below the US average?
No. A 2-bedroom in Richmond costs $1,655/month, which is $82/month above the US median 2BR Fair Market Rent of $1,573 (HUD, 2026).
What income do I need to rent in Virginia's cheapest cities?
To afford the cheapest 2BR in Virginia at $1,655/month, you need approximately $66,200/year based on the 30% of income guideline.