Can A Physical Therapist Afford Rent in Richmond, VA?

Comfortably affordable — rent takes 19.8% of gross income.

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

Richmond median rent
$1,682/mo
Physical Therapist salary (Virginia)
$101,704/yr
Rent as % of income
19.8%
Gross monthly income works out to about $8,475, and the 30% rule supports up to $2,543/mo in rent. Richmond's median rent of $1,682 leaves roughly $861/mo of headroom under that threshold. A physical therapist works roughly 34.4 hours a month to cover that rent.

About rent and a physical therapist salary

Physical therapist pay covers comfortable rent across most US metros. At the national-average PT salary, the 30% rule supports about $2,493 a month in rent, which is above the median in most cities tracked here.

Cheaper rent nearby

These Virginia cities have lower median rent than Richmond, which improves the affordability math on a physical therapist salary:

Winchester, VA
$1,681/mo (19.8% of income)
Christiansburg, VA
$1,680/mo (19.8% of income)
East Highland Park, VA
$1,680/mo (19.8% of income)

Compare with full rent data for Richmond

View full rent data for Richmond, VA

Frequently asked questions

Can a physical therapist afford rent in Richmond, VA?

Median rent in Richmond is $1,682 a month. A typical physical therapist in Virginia earns about $101,704 a year, which makes that rent 19.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a physical therapist afford in Richmond?

Using the 30% rule, a physical therapist salary in Virginia (~$101,704/yr) supports up to $2,543 a month in rent. Richmond's current median rent is $1,682/mo, which leaves a $861/mo buffer.

How many hours does a physical therapist work to cover rent in Richmond?

At an hourly equivalent of about $49 an hour, a physical therapist in Virginia works roughly 34.4 hours a month to cover Richmond's median rent of $1,682.

Where is rent cheaper than Richmond for a physical therapist?

Nearby Virginia cities with lower median rent include Winchester ($1,681/mo), Christiansburg ($1,680/mo), East Highland Park ($1,680/mo). Each shifts the affordability math materially on a physical therapist salary.

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