Average Rent in Mecklenburg County, VA↓ Rents falling 3.6% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 30,431
Market Overview
Mecklenburg County, VA has rental prices ranging from $672/month to $1,177/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $677/month — 52% below the national average of $1,400/month. With a median household income of $51,691/year, spending $677/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Mecklenburg County Compares
With an average 2-bedroom rent of $888/month, Mecklenburg County ranks #37 most expensive of the 68 cities tracked in Virginia — more affordable than 78% of all US cities in our data.
The Mecklenburg County Rental Market
The Mecklenburg County, VA area has a population of about 30,431 and 28% 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 Mecklenburg County, VA have fallen by $33/month (3.6%) over the past year, from $921 to $888. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Mecklenburg County, VA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $27,080. The local median household income of $51,691 exceeds that threshold by $24,611, making Mecklenburg County relatively accessible compared to local wages.
Economy & Jobs
Mecklenburg County, VA has an unemployment rate of 4.3%, 0.4 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Mecklenburg County, VA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in VAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Madison County | $907 | $913 | $1,096 | $1,361 | — |
| Warren County | $983 | $989 | $1,298 | $1,744 | — |
| King and Queen County | $1,152 | $1,197 | $1,325 | $1,645 | — |
| Richmond | $1,488 | $1,545 | $1,711 | $2,166 | — |
| Roanoke | $892 | $948 | $1,141 | $1,597 | — |
| Lynchburg | $1,043 | $1,062 | $1,200 | $1,647 | — |
Rent or Buy in Mecklenburg County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Mecklenburg County data
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Living in Mecklenburg County
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Frequently Asked Questions
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💵Rent Affordability in Mecklenburg CountySalary needed to afford rent here
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