City Report · VA

Leesburg

Pop. 49,171·25th most expensive in Virginia·Leesburg rents are up 5.6% over the past year
Median rent (all units)
$2,399/mo
Year-over-Year
+5.6%
Month-over-Month
+3.0%
vs US Median
+$434
Rising (Monthly)
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Most AffordableMost Expensive
Leesburg · $2,399
More expensive than 76% of US cities · National median $1,965/mo
Rent Reality Score
50/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Leesburg's 10-year trend predicts.

Actual rent
$2,399/mo
Expected by trend
$2,401/mo
The Rent Reality Score compares today's median rent to where Leesburg's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,000
1 BR
$2,045
2 BR
$2,300
3 BR
$2,875
4 BR+
$3,395
Research median
$2,300/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
$28,788/yr
At $2,399/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.6% YoY, +3.0% MoM), not inventory.
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Demographics

Who lives here

Leesburg, VA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 56.7% of residents hold a bachelor's degree or higher.

Population
49,171
Median income
$145,205
Median age
36.1
Renters
31.1%
Age distribution
25.7%
22.8%
30%
Under 1825.7%
18–3422.8%
35–5430%
55–6410.9%
65+10.6%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
56%
20.7%
White56%
Black8.9%
Hispanic20.7%
Asian11.6%
Other2.8%
Education (25+)
17.4%
17.5%
56.7%
No HS diploma8.4%
HS diploma17.4%
Some college17.5%
Bachelor's+56.7%
Housing tenure
68.9%
31.1%
Owner68.9%
Renter31.1%

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

2021 vs 2026

How Leesburg, VA has changed in 5 years

Rent
$1,712 → $2,399
up 40.1%
Income
$116,350 → $145,205
up 24.8%
Population
48,223 → 49,171
up 2.0%
Renter share
32.5% → 31.1%
-1.4 pts
Bachelor's+
54.7% → 56.7%
+2.0 pts
Median age
35.3 → 36.1
+0.8 yrs

Since 2021, the typical rent in Leesburg, VA has increased from $1,712 to $2,399, a 40.1% change over five years. Median household income rose from $116,350 to $145,205 between 2021 and 2024, a 24.8% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.0% since 2021, moving from about 48,223 residents to roughly 49,171. College-educated residents now make up 56.7% of adults here, versus 54.7% in 2021. Taken together, the five-year picture in Leesburg, VA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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

Can you afford rent in Leesburg on your salary?

At $2,399/mo, how Leesburg rent compares to typical pay (30% rule).

By apartment size

Leesburg rent by bedroom count

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

Local insights

Tips for renters in Leesburg

About renting in Leesburg, VA

Last updated: July 20, 2026

The median rent in Leesburg is $2,399/mo as of July 2026. A studio apartment averages $2,000/mo while a 2-bedroom runs $2,300/mo. One-bedroom apartments average $2,045/mo and 3-bedroom units go for $2,875/mo.

At 20% of local median household income ($145,205/yr), Leesburg ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.6% over the past year.

FAQ

Frequently asked questions

Is Leesburg an affordable city for renters?

Leesburg is considered very affordable for renters. At $2,399/mo, rent takes approximately 20% of the local median household income ($145,205/yr). The standard benchmark is 30%. Leesburg falls comfortably within that range.

How much income do you need to rent in Leesburg?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,399/mo in Leesburg. The local median household income is $145,205/yr, meaning the typical Leesburg household meets that threshold.

Is rent going up or down in Leesburg?

Rent in Leesburg has increased 5.6% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Leesburg neighborhoods have the lowest rent?

The most affordable ZIP codes in Leesburg are 20176 ($2,374/mo), and 20175 ($2,381/mo). Citywide, the median rent in Leesburg is $2,399/mo.

How does Leesburg rent compare to other cities in Virginia?

Leesburg is one of the pricier cities in Virginia for rent, ranking #25 out of 83 tracked cities at $2,399/mo.

What percentage of Leesburg residents rent vs. own?

According to Census data, approximately 31.1% of Leesburg households are renters, while 68.9% are owner-occupied. Leesburg leans toward homeownership, which can mean a smaller rental inventory.

How does Leesburg rent compare to the national average?

Leesburg's median rent of $2,399/mo is $434 (22%) above the US national median of $1,965/mo. Within Virginia, it ranks #25 out of 83 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $2,399/mo, rent takes ~20% of Leesburg's median household income ($145,205/yr). The standard benchmark is 30%.

Leesburg 20%Benchmark 30%
State income tax2–5.75%
Run the Leesburg affordability calculator →
Lowest-rent ZIP codes in Leesburg
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Leesburg, VA

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