Can An Accountant Afford Rent in Madison Heights, VA?

Comfortably affordable — rent takes 17.5% of gross income.

Madison Heights rent: June 2026. Salary: BLS OEWS May 2024 (Virginia state estimate).

Madison Heights median rent
$1,351/mo
Accountant salary (Virginia)
$92,596/yr
Rent as % of income
17.5%
Gross monthly income works out to about $7,716, and the 30% rule supports up to $2,315/mo in rent. Madison Heights's median rent of $1,351 leaves roughly $964/mo of headroom under that threshold. An accountant works roughly 30.3 hours a month to cover that rent.

About rent and an accountant salary

Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.

Cheaper rent nearby

These Virginia cities have lower median rent than Madison Heights, which improves the affordability math on an accountant salary:

Hopewell, VA
$1,348/mo (17.5% of income)
Staunton, VA
$1,348/mo (17.5% of income)
Roanoke, VA
$1,345/mo (17.4% of income)

Compare with full rent data for Madison Heights

View full rent data for Madison Heights, VA

Frequently asked questions

Can an accountant afford rent in Madison Heights, VA?

Median rent in Madison Heights is $1,351 a month. A typical accountant in Virginia earns about $92,596 a year, which makes that rent 17.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can an accountant afford in Madison Heights?

Using the 30% rule, an accountant salary in Virginia (~$92,596/yr) supports up to $2,315 a month in rent. Madison Heights's current median rent is $1,351/mo, which leaves a $964/mo buffer.

How many hours does an accountant work to cover rent in Madison Heights?

At an hourly equivalent of about $45 an hour, an accountant in Virginia works roughly 30.3 hours a month to cover Madison Heights's median rent of $1,351.

Where is rent cheaper than Madison Heights for an accountant?

Nearby Virginia cities with lower median rent include Hopewell ($1,348/mo), Staunton ($1,348/mo), Roanoke ($1,345/mo). Each shifts the affordability math materially on an accountant salary.

Methodology: Salary uses the BLS-derived Virginia state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Madison Heights, VA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.