Average Rent in Shenandoah County, VA↑ Rents rising 7.4% YoY
HUD FY2027 · Official government data · Updated annually · Metro pop. 44,630
Market Overview
Shenandoah County, VA has rental prices ranging from $937/month to $1,897/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $943/month — 33% below the national average of $1,400/month. With a median household income of $64,437/year, spending $943/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.
How Shenandoah County Compares
With an average 2-bedroom rent of $1,172/month, Shenandoah County ranks #19 most expensive of the 69 cities tracked in Virginia — pricier than 72% of all US cities in our data.
The Shenandoah County Rental Market
The Shenandoah County, VA area has a population of about 44,630 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 Shenandoah County, VA have risen by $81/month (7.4%) over the past year, from $1,091 to $1,172. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Shenandoah County, VA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $37,720. The local median household income of $64,437 exceeds that threshold by $26,717, making Shenandoah County relatively accessible compared to local wages.
Economy & Jobs
Shenandoah County, VA has an unemployment rate of 3.7%, 0.2 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 FY2027Is Shenandoah 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 | $1,063 | $1,108 | $1,449 | $1,930 | — |
| King and Queen County | $1,032 | $1,075 | $1,170 | $1,435 | — |
| Richmond | $1,456 | $1,517 | $1,651 | $2,039 | — |
| Roanoke | $1,186 | $1,250 | $1,464 | $2,022 | — |
| Lynchburg | $965 | $971 | $1,117 | $1,547 | — |
Rent or Buy in Shenandoah County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Shenandoah County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Shenandoah County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
Estimate your moving costs based on FMCSA public mover data
Select your origin state to see the estimate
Frequently Asked Questions
Explore More
Compare rent & home prices by neighborhood
💵Rent Affordability in Shenandoah CountySalary needed to afford rent here
🗺️All Cities in VASee how Shenandoah County ranks statewide
⚖️Compare Shenandoah CountySide-by-side rent & cost of living with any city
📋VA Tenant RightsDeposit limits, eviction laws & renters protections