How much rent can you afford in Bristol, VA?
Run your salary against Bristol's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Bristol
At a median rent of $1,376/mo, Bristol is moderately stretched when measured against Bristol median household income of $50,404/yr. Rent would consume roughly 33% of pre-tax income, and a salary of about $55,040 keeps rent at the recommended 30% threshold.
How Bristol compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Bristol?
On a $50,404 salary (the Bristol median household income), the recommended ceiling is 30% of pre-tax income, or about $1,260/mo. Bristol's median rent is $1,376/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Bristol?
To keep Bristol's $1,376/mo median rent under 30% of income, you'd need about $55,040/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Bristol affordable on the median Virginia income?
Bristol is moderately stretched on a $50,404 income. Rent would take 33% of pre-tax pay, outside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".