Average Rent in Caroline County, VA

Caroline County, VA has rental prices ranging from $866/month to $2,079/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,028/month — 27% below the national average of $1,400/month. With a median household income of $86,267/year, spending $1,028/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Caroline County Compares

With an average 2-bedroom rent of $1,244/month, Caroline County ranks #16 most expensive of the 69 cities tracked in Virginia — pricier than 78% of all US cities in our data.

The Caroline County Rental Market

The Caroline County, VA area has a population of about 31,541 and 18% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Caroline County, VA have fallen by $2/month (0.2%) over the past year, from $1,246 to $1,244. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Caroline County, VA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $41,120. The local median household income of $86,267 exceeds that threshold by $45,147, making Caroline County relatively accessible compared to local wages.

Economy & Jobs

Caroline County, VA has an unemployment rate of 3.6%, 0.3 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Caroline County, VA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Caroline County?

Break-even analysis and mortgage estimates based on local market data.

Living in Caroline County

Cost of living, job market, crime rates, and moving cost estimates.