RentData

Average Rent in Middlesex County, VA Rents falling 0.8% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 10,774

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Middlesex County, VA has rental prices ranging from $959/month to $1,864/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $965/month — 31% below the national average of $1,400/month. With a median household income of $74,154/year, spending $965/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Middlesex County Compares

With an average 2-bedroom rent of $1,192/month, Middlesex County ranks #13 most expensive of the 68 cities tracked in Virginia — pricier than 81% of all US cities in our data.

The Middlesex County Rental Market

The Middlesex County, VA area has a population of about 10,774 and 14% 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 Middlesex County, VA have fallen by $10/month (0.8%) over the past year, from $1,202 to $1,192. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Middlesex County, VA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $38,600. The local median household income of $74,154 exceeds that threshold by $35,554, making Middlesex County relatively accessible compared to local wages.

Economy & Jobs

Middlesex County, VA has an unemployment rate of 3.5%, 0.4 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.

Fair Market Rents

HUD FY2025
Studio
$959
Affordable
1 Bedroom
$965
Affordable
2 Bedrooms
$1,192
0.8% YoY
Affordable
3 Bedrooms
$1,436
Affordable
4 Bedrooms
$1,864
Average
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Is Middlesex County, VA Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$47,680/year
Local median income: $74,154
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,192/month and 20% down on a home at 7% rate.

Nearby Cities in VAlargest metros in the state

CityStudio1BR2BR3BRHome 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 Middlesex County?

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

Should I Rent or Buy?

Break-even analysis using real Middlesex County data

$
Home Value
$350,000
2BR Rent
$1,192/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,192/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Middlesex County

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

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Frequently Asked Questions

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🏘️Neighborhoods in Middlesex County

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💵Rent Affordability in Middlesex County

Salary needed to afford rent here

🗺️All Cities in VA

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⚖️Compare Middlesex County

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📋VA Tenant Rights

Deposit limits, eviction laws & renters protections