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City Report · VA

Prince George

Pop. 1,829·34th most expensive in Virginia·Rental market data updated monthly for Prince George, VA
Median rent (all units)
$2,167/mo
Year-over-Year
Stable
Month-over-Month
+78.1%
vs US Median
+$202
Rising (Monthly)
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Most AffordableMost Expensive
Prince George · $2,167
More expensive than 68% of US cities · National median $1,965/mo
Affordability
42% of income
STRETCHED
0%30% benchmark60%+

At $2,167/mo, rent takes about 42% of the local median household income, well above the 30% benchmark.

Income to afford
$87,000/yr
Local median income
$61,571/yr
Based on the 30%-of-income rule using Prince George's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

3 BR
$1,713

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
$26,004/yr
At $2,167/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, +78.1% MoM), not inventory.
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Demographics

Who lives here

Prince George, VA is majority owner-occupied, has a large share of families with children, has a median income below the national average, 29.9% of residents hold a bachelor's degree or higher.

Population
1,829
Median income
$61,571
Median age
35.8
Renters
38%
Age distribution
27.4%
19%
24.6%
18.8%
Under 1827.4%
18–3419%
35–5424.6%
55–6410.1%
65+18.8%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
64%
35%
White64%
Black35%
Hispanic1%
Education (25+)
27.6%
37%
29.9%
No HS diploma5.5%
HS diploma27.6%
Some college37%
Bachelor's+29.9%
Housing tenure
62%
38%
Owner62%
Renter38%

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

2021 vs 2026

How Prince George, VA has changed in 5 years

Income
$71,022 → $61,571
down 13.3%
Population
1,707 → 1,829
up 7.1%
Renter share
35.2% → 38%
+2.8 pts
Bachelor's+
25.1% → 29.9%
+4.8 pts
Median age
38.7 → 35.8
-2.9 yrs

Census figures show median household income at $61,571 today, compared with $71,022 five years earlier. The population has grown by 7.1% since 2021, moving from about 1,707 residents to roughly 1,829. Renters now make up 38% of households, compared with 35.2% five years ago. College-educated residents now make up 29.9% of adults here, versus 25.1% in 2021.

Community

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View Prince George rent history (2015–2026) →
Salary vs rent

Can you afford rent in Prince George on your salary?

At $2,167/mo, how Prince George rent compares to typical pay (30% rule).

By apartment size

Prince George rent by bedroom count

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

Local insights

Tips for renters in Prince George

About renting in Prince George, VA

Last updated: July 20, 2026

The median rent in Prince George is $2,167/mo as of July 2026. and 3-bedroom units go for $1,713/mo.

At 42% of local median household income ($61,571/yr), Prince George ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Prince George an affordable city for renters?

Prince George is considered stretched for renters. At $2,167/mo, rent takes approximately 42% of the local median household income ($61,571/yr). The standard benchmark is 30%. Prince George significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Prince George?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,167/mo in Prince George. The local median household income is $61,571/yr, meaning the typical Prince George household falls short of that threshold.

Is rent going up or down in Prince George?

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

How does Prince George rent compare to other cities in Virginia?

Prince George is middle-of-the-pack for Virginia for rent, ranking #34 out of 83 tracked cities at $2,167/mo.

Which nearby cities are cheaper to rent in than Prince George?

Several nearby cities have lower median rents than Prince George ($2,167/mo): Petersburg ($1,337/mo), Hopewell ($1,419/mo), Bellwood ($1,658/mo).

What percentage of Prince George residents rent vs. own?

According to Census data, approximately 38% of Prince George households are renters, while 62% are owner-occupied. Prince George leans toward homeownership, which can mean a smaller rental inventory.

How does Prince George rent compare to the national average?

Prince George's median rent of $2,167/mo is $202 (10%) above the US national median of $1,965/mo. Within Virginia, it ranks #34 out of 83 tracked cities.
Income Affordability
42%
STRETCHED

At $2,167/mo, rent takes ~42% of Prince George's median household income ($61,571/yr). The standard benchmark is 30%.

Prince George 42%Benchmark 30%
State income tax2–5.75%
Run the Prince George affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Prince George, VA

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