City Report · VA

Lakeside

Pop. 12,654·26th most expensive in Virginia·Rental market data updated monthly for Lakeside, VA
Median rent (all units)
$2,333/mo
Year-over-Year
Stable
Month-over-Month
-0.5%
vs US Median
+$401
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Lakeside · $2,333
More expensive than 74% of US cities · National median $1,932/mo
Affordability
39% of income
MODERATE
0%30% benchmark60%+

At $2,333/mo, rent takes about 39% of the local median household income, slightly above the 30% benchmark.

Income to afford
$93,000/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 $2,333 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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($72,032) is $1,801 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,640); a 2-bedroom is $1,820.

Cheaper nearby

Henrico, 3 miles away, rents for 26% less ($1,722/mo), about $7,300 a year in savings.

From Zillow's monthly rent index (ZORI) for Lakeside. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$27,996/yr
At $2,333/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.5% MoM), not inventory.
Rent check

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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

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

Can you afford rent in Lakeside on your salary?

At $2,333/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: October 17, 2026

The median rent in Lakeside is $2,333/mo as of October 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 39% 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

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 $93,000/year (about $45/hour full-time) to afford the median rent of $2,333/mo in Lakeside. The local median household income is $72,032/yr, so the typical household falls short of that bar.

Is rent going up or down in Lakeside?

Rent in Lakeside has been roughly flat over the past year, a 0.0% change.

How does Lakeside rent compare to other cities in Virginia?

Lakeside is one of the pricier among Virginia cities for rent, ranking #26 of 80 tracked cities at $2,333/mo.

Which nearby cities are cheaper to rent in than Lakeside?

Nearby cities with lower median rent than Lakeside ($2,333/mo) include Richmond ($1,628/mo), Montrose ($1,629/mo), and Henrico ($1,722/mo).
Income Affordability
39%
MODERATE

At $2,333/mo, rent takes ~39% of Lakeside's median household income ($72,032/yr). The standard benchmark is 30%.

Lakeside 39%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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