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City Report · VA

Danville

Pop. 42,214·82nd most expensive in Virginia·Danville rents are up 7.3% over the past year
Median rent (all units)
$1,167/mo
Year-over-Year
+7.3%
Month-over-Month
-4.7%
vs US Median
-$798
Falling (Monthly)
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Most AffordableMost Expensive
Danville · $1,167
More affordable than 93% of US cities · National median $1,965/mo
Affordability
32% of income
MODERATE
0%30% benchmark60%+

At $1,167/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford
$47,000/yr
Local median income
$44,423/yr
Based on the 30%-of-income rule using Danville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$630
1 BR
$740
2 BR
$920
3 BR
$1,260
4 BR+
$1,420
Research median
$920/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$14,004/yr
At $1,167/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 7.3% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+7.3% YoY, -4.7% MoM), not inventory.
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Demographics

Who lives here

Danville, VA is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 19.6% of residents hold a bachelor's degree or higher.

Population
42,214
Median income
$44,423
Median age
40.4
Renters
52.2%
Age distribution
22.6%
21.6%
21.3%
13.4%
21.1%
Under 1822.6%
18–3421.6%
35–5421.3%
55–6413.4%
65+21.1%
Gender
46.2%
53.8%
Male46.2%
Female53.8%
Race & ethnicity
39.8%
51%
White39.8%
Black51%
Hispanic5.6%
Asian1.2%
Other2.4%
Education (25+)
12.9%
40%
27.4%
19.6%
No HS diploma12.9%
HS diploma40%
Some college27.4%
Bachelor's+19.6%
Housing tenure
47.8%
52.2%
Owner47.8%
Renter52.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Danville, VA has changed in 5 years

Income
$38,904 → $44,423
up 14.2%
Population
42,556 → 42,214
down 0.8%
Renter share
49% → 52.2%
+3.2 pts
Bachelor's+
18.1% → 19.6%
+1.5 pts
Median age
40.9 → 40.4
-0.5 yrs

Local incomes tracked alongside that move, going from a median of $38,904 in 2021 to $44,423 more recently. Renters now make up 52.2% of households, compared with 49% five years ago.

Community

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View Danville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Danville on your salary?

At $1,167/mo, how Danville rent compares to typical pay (30% rule).

By apartment size

Danville rent by bedroom count

Median rent for each apartment size in Danville. Click any size for full breakdown.

Local insights

Tips for renters in Danville

About renting in Danville, VA

Last updated: July 20, 2026

The median rent in Danville is $1,167/mo as of July 2026. A studio apartment averages $630/mo while a 2-bedroom runs $920/mo. One-bedroom apartments average $740/mo and 3-bedroom units go for $1,260/mo.

At 32% of local median household income ($44,423/yr), Danville ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.3% over the past year.

FAQ

Frequently asked questions

Is Danville an affordable city for renters?

Danville is considered moderate for renters. At $1,167/mo, rent takes approximately 32% of the local median household income ($44,423/yr). The standard benchmark is 30%. Danville slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Danville?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (~$23/hour full-time) to afford the median rent of $1,167/mo in Danville. The local median household income is $44,423/yr, meaning the typical Danville household falls short of that threshold.

Is rent going up or down in Danville?

Rent in Danville has increased 7.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Danville rent compare to other cities in Virginia?

Danville is one of the more affordable cities in Virginia for rent, ranking #82 out of 83 tracked cities at $1,167/mo.

Which nearby cities are cheaper to rent in than Danville?

Martinsville is nearby and more affordable at $871/mo, which is $296 less than Danville.

What percentage of Danville residents rent vs. own?

According to Census data, approximately 52.2% of Danville households are renters, while 47.8% are owner-occupied. With a majority renter population, Danville has a strong rental market.

How does Danville rent compare to the national average?

Danville's median rent of $1,167/mo is $798 (41%) below the US national median of $1,965/mo. Within Virginia, it ranks #82 out of 83 tracked cities.
Income Affordability
32%
MODERATE

At $1,167/mo, rent takes ~32% of Danville's median household income ($44,423/yr). The standard benchmark is 30%.

Danville 32%Benchmark 30%
State income tax2–5.75%
Run the Danville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Danville, VA

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