States › Virginia › Abingdon

Is Abingdon, VA expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$88250% lower than U.S. average
💵 Families earn per year (2026)$58,826about $4,902/month · 32% lower than U.S. average
🔑 House price$228,00031% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.9 years of household income. Commutes are short, about 16 minutes.

How much money do I need?

To rent here comfortably, you should earn about $35,280 a year. That is $17 an hour at a full-time job.

Is rent cheaper than other Virginia cities?

Yes. Rent here is cheaper than in most of Virginia. It is number 11 of 199 cities from cheapest to most expensive.

Abingdon
$882
$2,172
$1,108

How much do households earn in Abingdon?

Under $25k
24.0%
$25k–50k
22.4%
$50k–100k
29.2%
$100k–150k
9.5%
$150k+
9.6%

Share of households by yearly income. 19.1% of households earn $100,000 or more.

Rent by apartment size in Abingdon

SizeAbingdonU.S. average
1 bedroom$656$1,324
2 bedrooms$910$1,509
3 bedrooms$1,222$1,698
4 bedrooms$2,045$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Abingdon overall?

Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).

Housing
107
Goods (food, clothes…)
100
Utilities
92
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Abingdon, so the Virginia figure is shown.

Taxes and bills in Abingdon

🏛️ Property tax$1,607a year · 0.70% of home value · U.S. $3,119
⚡ Electric bill$148a month (typical) · U.S. $156

Life in Abingdon

Commute to work16 minU.S.: 26.4 min
College degree36.5%U.S.: 35.7%
Own their home57.7%U.S.: 65.2%
Below poverty line15.9%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in Abingdon?

Renting is cheaper right now: about $700 a month less.

Renting
$882
Owning
$1,582

Owning assumes a typical $228,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,800 for the down payment.

Frequently asked questions

What is the average rent in Abingdon, VA?

Renting in Abingdon costs a median of about $882 a month in 2026, including utilities. The Virginia median is $2,049.

How much do I need to make to live in Abingdon?

To keep rent under 30% of income, you need about $35,280 a year, or $17 an hour at a full-time job.

Is Abingdon cheap or expensive?

Abingdon is rated Cheap: rent takes 18.0% of the typical household income of $58,826. It ranks 11th cheapest of 199 Virginia cities we track.

How much are property taxes in Abingdon?

The median homeowner in Abingdon pays $1,607 a year in property taxes, about 0.70% of the median home value.

Is Abingdon more expensive than the national average?

Overall prices in Virginia are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Abingdon?

The median home value in Abingdon is $228,000, about 3.9 times the typical yearly household income.

8,330 people live in Abingdon. Numbers are typical (middle) values.