City Report · VA

Winchester

Pop. 27,913·55th most expensive in Virginia·Rental market data updated monthly for Winchester, VA
Median rent (all units)
$1,768/mo
Year-over-Year
+2.2%
Month-over-Month
+0.3%
vs US Median
-$164
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Winchester · $1,768
More affordable than 56% of US cities · National median $1,932/mo
Rent Reality Score
63/100
Good value
OverheatedFairGreat value

Rents are 7% below what Winchester's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,768/mo
Expected by trend
$1,891/mo
The Rent Reality Score compares today's median rent to where Winchester's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,155
1 BR
$1,325
2 BR
$1,655
3 BR
$2,055
4 BR+
$2,780
Fair Market Rent (HUD)
$1,655/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,768 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Winchester is 0% below its high of $1,768 in June 2026, at $1,768 as of September 2026.

Past year vs. the rest of Virginia

Rent in Winchester changed +2.2% over the year to September 2026. Across the 66 Virginia cities Zillow tracks, the typical change was +2.5%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($63,974) is $1,599 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,325); a 2-bedroom is $1,655.

From Zillow's monthly rent index (ZORI) for Winchester. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,216/yr
At $1,768/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.2% YoY, +0.3% MoM), not inventory.
Rent check

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Demographics

Who lives here

Winchester, VA is majority renter-occupied, has a median income below the national average, 31.3% of residents hold a bachelor's degree or higher.

Population
27,913
Median income
$63,974
Median age
36.8
Renters
56.4%
Age distribution
22.5%
24.2%
24.1%
12.5%
16.7%
Under 1822.5%
18–3424.2%
35–5424.1%
55–6412.5%
65+16.7%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
62.3%
21%
White62.3%
Black7.9%
Hispanic21%
Asian2.2%
Other6.6%
Education (25+)
12.5%
30.4%
25.8%
31.3%
No HS diploma12.5%
HS diploma30.4%
Some college25.8%
Bachelor's+31.3%
Housing tenure
43.6%
56.4%
Owner43.6%
Renter56.4%

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

2021 vs 2026

How Winchester, VA has changed in 5 years

Rent
$1,231 → $1,768
up 43.6%
Income
$61,321 → $63,974
up 4.3%
Population
28,194 → 27,913
down 1.0%
Renter share
54.7% → 56.4%
+1.7 pts
Bachelor's+
33.7% → 31.3%
-2.4 pts

Across the past five years, the going rent in Winchester, VA has shifted from $1,231 to $1,768, up 43.6% since 2021. Census figures show median household income at $63,974 today, compared with $61,321 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Winchester, VA losing about 281 residents over the five-year window, down 1.0% on net. The renter share has risen from 54.7% to 56.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 33.7% to 31.3% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Winchester

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

Can you afford rent in Winchester on your salary?

At $1,768/mo, how Winchester rent compares to typical pay (30% rule).

By apartment size

Winchester rent by bedroom count

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

Local insights

Tips for renters in Winchester

About renting in Winchester, VA

Last updated: October 17, 2026

The median rent in Winchester is $1,768/mo as of October 2026. A studio apartment averages $1,155/mo while a 2-bedroom runs $1,655/mo. One-bedroom apartments average $1,325/mo and 3-bedroom units go for $2,055/mo.

At 33% of local median household income ($63,974/yr), Winchester ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Winchester?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,768/mo in Winchester. The local median household income is $63,974/yr, so the typical household falls short of that bar.

Is rent going up or down in Winchester?

Rent in Winchester has risen 2.2% over the past year as of September 2026. It sits 0% below its high of $1,768 in June 2026.

Which Winchester neighborhoods have the lowest rent?

The most affordable ZIP codes in Winchester are 22601 ($1,724/mo), and 22602 ($1,909/mo). Citywide, the median rent is $1,768/mo.

How does Winchester rent compare to other cities in Virginia?

Winchester is one of the more affordable among Virginia cities for rent, ranking #55 of 80 tracked cities at $1,768/mo. Over the year to September 2026, rent in Winchester changed +2.2%, against a typical +2.5% across the 66 Virginia cities Zillow tracks.

Which nearby cities are cheaper to rent in than Winchester?

Nearby cities with lower median rent than Winchester ($1,768/mo) include Martinsburg ($1,648/mo).
Income Affordability
33%
MODERATE

At $1,768/mo, rent takes ~33% of Winchester's median household income ($63,974/yr). The standard benchmark is 30%.

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

Estimated from ZIP-level data

Schools nearby

Public schools near Winchester, VA

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