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City Report · VA

Lakeside

Pop. 12,654·30th most expensive in Virginia·Rental market data updated monthly for Lakeside, VA
Median rent (all units)
$2,247/mo
Year-over-Year
Stable
Month-over-Month
+10.5%
vs US Median
+$285
Rising (Monthly)
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Most AffordableMost Expensive
Lakeside · $2,247
More expensive than 71% of US cities · National median $1,962/mo
Affordability
37% of income
MODERATE
0%30% benchmark60%+

At $2,247/mo, rent takes about 37% of the local median household income, slightly above the 30% benchmark.

Income to afford
$90,000/yr
Local median income
$72,032/yr
Based on the 30%-of-income rule using Lakeside's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,640
2 BR
$1,820
3 BR
$2,300
4 BR+
$2,850
Fair Market Rent (HUD)
$1,820/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,247 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$26,964/yr
At $2,247/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +10.5% MoM), not inventory.
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Demographics

Who lives here

Lakeside, VA is majority owner-occupied, 39.5% of residents hold a bachelor's degree or higher.

Population
12,654
Median income
$72,032
Median age
36.4
Renters
34.8%
Age distribution
20.7%
26.9%
26.1%
14.7%
Under 1820.7%
18–3426.9%
35–5426.1%
55–6411.7%
65+14.7%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
64.8%
17.8%
White64.8%
Black17.8%
Hispanic10.9%
Asian2.8%
Other3.7%
Education (25+)
24.4%
27.6%
39.5%
No HS diploma8.4%
HS diploma24.4%
Some college27.6%
Bachelor's+39.5%
Housing tenure
65.2%
34.8%
Owner65.2%
Renter34.8%

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

2021 vs 2026

How Lakeside, VA has changed in 5 years

Income
$59,234 → $72,032
up 21.6%
Population
12,690 → 12,654
down 0.3%
Renter share
36% → 34.8%
-1.2 pts
Bachelor's+
34.2% → 39.5%
+5.3 pts
Median age
37.7 → 36.4
-1.3 yrs

On the earnings side, the typical household in Lakeside, VA now reports about $72,032, up from $59,234 in 2021. College-educated residents now make up 39.5% of adults here, versus 34.2% in 2021.

Community

Discussions about Lakeside

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

Can you afford rent in Lakeside on your salary?

At $2,247/mo, how Lakeside rent compares to typical pay (30% rule).

By apartment size

Lakeside rent by bedroom count

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

Local insights

Tips for renters in Lakeside

About renting in Lakeside, VA

Last updated: August 17, 2026

The median rent in Lakeside is $2,247/mo as of August 2026. A studio apartment averages $1,580/mo while a 2-bedroom runs $1,820/mo. One-bedroom apartments average $1,640/mo and 3-bedroom units go for $2,300/mo.

At 37% of local median household income ($72,032/yr), Lakeside ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Lakeside an affordable city for renters?

Lakeside is considered moderate for renters. At $2,247/mo, rent takes approximately 37% of the local median household income ($72,032/yr). The standard benchmark is 30%. Lakeside slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Lakeside?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,247/mo in Lakeside. The local median household income is $72,032/yr, meaning the typical Lakeside household falls short of that threshold.

Is rent going up or down in Lakeside?

Rent in Lakeside has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Lakeside rent compare to other cities in Virginia?

Lakeside is middle-of-the-pack for Virginia for rent, ranking #30 out of 83 tracked cities at $2,247/mo.

Which nearby cities are cheaper to rent in than Lakeside?

Several nearby cities have lower median rents than Lakeside ($2,247/mo): Montrose ($1,595/mo), Richmond ($1,666/mo), East Highland Park ($1,760/mo).

What percentage of Lakeside residents rent vs. own?

According to Census data, approximately 34.8% of Lakeside households are renters, while 65.2% are owner-occupied. Lakeside leans toward homeownership, which can mean a smaller rental inventory.

How does Lakeside rent compare to the national average?

Lakeside's median rent of $2,247/mo is $285 (15%) above the US national median of $1,962/mo. Within Virginia, it ranks #30 out of 83 tracked cities.
Income Affordability
37%
MODERATE

At $2,247/mo, rent takes ~37% of Lakeside's median household income ($72,032/yr). The standard benchmark is 30%.

Lakeside 37%Benchmark 30%
State income tax2–5.75%
Run the Lakeside affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lakeside, VA

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