At $1,398/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.
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 $1,398 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
Rent in Waynesboro changed +8.5% over the year to September 2026. Across the 66 Virginia cities Zillow tracks, the typical change was +2.5%.
Rent has risen 2 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($59,994) is $1,500 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,230); a 3-bedroom is $1,720.
From Zillow's monthly rent index (ZORI) for Waynesboro. 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
Waynesboro, VA is majority owner-occupied, has a median income below the national average, 25.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Waynesboro, VA has changed in 5 years
Local incomes tracked alongside that move, going from a median of $47,238 in 2021 to $59,994 more recently. Headcount in the area went from 22,149 to 22,841 between 2021 and 2024, a 3.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 27.9% to 25.7%.
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Can you afford rent in Waynesboro on your salary?
At $1,398/mo, how Waynesboro rent compares to typical pay (30% rule).
Waynesboro rent by bedroom count
Median rent for each apartment size in Waynesboro. Click any size for full breakdown.
Tips for renters in Waynesboro
Last updated: October 17, 2026
The median rent in Waynesboro is $1,398/mo as of October 2026. A studio apartment averages $1,060/mo while a 2-bedroom runs $1,230/mo. One-bedroom apartments average $1,070/mo and 3-bedroom units go for $1,720/mo.
At 28% of local median household income ($59,994/yr), Waynesboro ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.5% over the past year.
Frequently asked questions
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Is rent going up or down in Waynesboro?
How does Waynesboro rent compare to other cities in Virginia?
At $1,398/mo, rent takes ~28% of Waynesboro's median household income ($59,994/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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