Rents are right about where Leesburg's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,431 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Leesburg usually run 1.5% below trend in December and 1.1% above it in July, about $63 a month apart at today's median. Based on 11 years of data.
Rent in Leesburg is at its highest level since Zillow's records here began in January 2015.
Rent in Leesburg changed +3.9% over the year to September 2026. Across the 66 Virginia cities Zillow tracks, the typical change was +2.5%.
From 2019 to 2024, rent in Leesburg rose 36% while median household income rose 26.9% ($114,444 to $145,205). Rent outpaced income.
Rent in Leesburg is 43.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($145,205) is $3,630 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,395).
Germantown, MD, 17 miles away, rents for 17% less ($2,026/mo), about $4,900 a year in savings.
From Zillow's monthly rent index (ZORI) for Leesburg. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Leesburg, VA has changed in 5 years
Since 2021, the typical rent in Leesburg, VA has increased from $1,786 to $2,431, a 36.1% 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.
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At $2,431/mo, how Leesburg rent compares to typical pay (30% rule).
Leesburg rent by bedroom count
Median rent for each apartment size in Leesburg. Click any size for full breakdown.
Tips for renters in Leesburg
Last updated: October 17, 2026
The median rent in Leesburg is $2,431/mo as of October 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 3.9% over the past year.
Frequently asked questions
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How does Leesburg rent compare to other cities in Virginia?
At $2,431/mo, rent takes ~20% of Leesburg's median household income ($145,205/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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