City Report · VA

Williamsburg

Pop. 15,798·46th most expensive in Virginia·Williamsburg rents are up 9.3% over the past year
Median rent (all units)
$2,058/mo
Year-over-Year
+9.3%
Month-over-Month
+3.2%
vs US Median
+$93
Rising (Monthly)
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Most AffordableMost Expensive
Williamsburg · $2,058
More expensive than 62% of US cities · National median $1,965/mo
Rent Reality Score
41/100
Fairly priced
OverheatedFairGreat value

Rents are 4% above what Williamsburg's 10-year trend predicts — running hotter than its own history.

Actual rent
$2,058/mo
Expected by trend
$1,972/mo
The Rent Reality Score compares today's median rent to where Williamsburg's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,535
1 BR
$1,535
2 BR
$1,760
3 BR
$2,450
4 BR+
$2,915
Research median
$1,760/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
$24,696/yr
At $2,058/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.3% YoY, +3.2% MoM), not inventory.
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Demographics

Who lives here

Williamsburg, VA is roughly split between renters and owners, skews toward younger working-age adults, 45.8% of residents hold a bachelor's degree or higher.

Population
15,798
Median income
$75,604
Median age
23.7
Renters
46.8%
Age distribution
49.8%
13%
17.5%
Under 1810.5%
18–3449.8%
35–5413%
55–649.2%
65+17.5%
Gender
46.3%
53.7%
Male46.3%
Female53.7%
Race & ethnicity
68.1%
14.4%
White68.1%
Black14.4%
Hispanic8.3%
Asian6.8%
Other2.4%
Education (25+)
18.6%
29.1%
45.8%
No HS diploma6.5%
HS diploma18.6%
Some college29.1%
Bachelor's+45.8%
Housing tenure
53.2%
46.8%
Owner53.2%
Renter46.8%

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

2021 vs 2026

How Williamsburg, VA has changed in 5 years

Rent
$1,420 → $2,058
up 44.9%
Income
$65,297 → $75,604
up 15.8%
Population
15,299 → 15,798
up 3.3%
Renter share
48.4% → 46.8%
-1.6 pts
Bachelor's+
50.4% → 45.8%
-4.6 pts
Median age
26.1 → 23.7
-2.4 yrs

Rent in Williamsburg, VA has climbed 44.9% since 2021, going from about $1,420 per month to roughly $2,058 today. On the earnings side, the typical household in Williamsburg, VA now reports about $75,604, up from $65,297 in 2021. Rent outpaced income growth by roughly 29.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 15,299 to 15,798 between 2021 and 2024, a 3.3% change. About 46.8% of households rent today, against 48.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 50.4% to 45.8%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Williamsburg, VA reflects that arc in its own way.

Community

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

Can you afford rent in Williamsburg on your salary?

At $2,058/mo, how Williamsburg rent compares to typical pay (30% rule).

By apartment size

Williamsburg rent by bedroom count

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

Local insights

Tips for renters in Williamsburg

About renting in Williamsburg, VA

Last updated: July 20, 2026

The median rent in Williamsburg is $2,058/mo as of July 2026. A studio apartment averages $1,535/mo while a 2-bedroom runs $1,760/mo. One-bedroom apartments average $1,535/mo and 3-bedroom units go for $2,450/mo.

At 33% of local median household income ($75,604/yr), Williamsburg ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.3% over the past year.

FAQ

Frequently asked questions

Is Williamsburg an affordable city for renters?

Williamsburg is considered moderate for renters. At $2,058/mo, rent takes approximately 33% of the local median household income ($75,604/yr). The standard benchmark is 30%. Williamsburg slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Williamsburg?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,058/mo in Williamsburg. The local median household income is $75,604/yr, meaning the typical Williamsburg household falls short of that threshold.

Is rent going up or down in Williamsburg?

Rent in Williamsburg has increased 9.3% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Williamsburg neighborhoods have the lowest rent?

The most affordable ZIP codes in Williamsburg are 23188 ($2,012/mo), and 23185 ($2,110/mo). Citywide, the median rent in Williamsburg is $2,058/mo.

How does Williamsburg rent compare to other cities in Virginia?

Williamsburg is middle-of-the-pack for Virginia for rent, ranking #46 out of 83 tracked cities at $2,058/mo.

Which nearby cities are cheaper to rent in than Williamsburg?

Several nearby cities have lower median rents than Williamsburg ($2,058/mo): Newport News ($1,587/mo), Hampton ($1,693/mo), Carrollton ($1,825/mo).

What percentage of Williamsburg residents rent vs. own?

According to Census data, approximately 46.8% of Williamsburg households are renters, while 53.2% are owner-occupied. Williamsburg leans toward homeownership, which can mean a smaller rental inventory.

How does Williamsburg rent compare to the national average?

Williamsburg's median rent of $2,058/mo is $93 (5%) above the US national median of $1,965/mo. Within Virginia, it ranks #46 out of 83 tracked cities.
Income Affordability
33%
MODERATE

At $2,058/mo, rent takes ~33% of Williamsburg's median household income ($75,604/yr). The standard benchmark is 30%.

Williamsburg 33%Benchmark 30%
State income tax2–5.75%
Run the Williamsburg affordability calculator →
Lowest-rent ZIP codes in Williamsburg
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Williamsburg, VA

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