States › Virginia › Bellwood

Is Bellwood, VA expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,11436% lower than U.S. average
💵 Families earn per year (2026)$51,532about $4,294/month · 41% lower than U.S. average
🔑 House price$225,30032% lower than U.S. average

Rent is lower than in 81% of U.S. cities. A typical house costs about 4.4 years of household income. Most households rent (56%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $44,560 a year. That is $21 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 23 of 199 cities from cheapest to most expensive.

Bellwood
$1,114
South Boston
$800
Lake of the Woods
$1,857
Dumbarton
$1,518
Farmville
$842
Ashland
$1,567
Vinton
$1,219

How much do households earn in Bellwood?

Under $25k
25.1%
$25k–50k
22.4%
$50k–100k
32.6%
$100k–150k
10.3%
$150k+
2.5%

Share of households by yearly income. 12.8% of households earn $100,000 or more.

Rent by apartment size in Bellwood

SizeBellwoodU.S. average
1 bedroom$851$1,324
2 bedrooms$1,061$1,509
3 bedrooms$1,393$1,698

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

How expensive is Bellwood 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 Bellwood, so the Virginia figure is shown.

Taxes and bills in Bellwood

🏛️ Property tax$1,713a year · 0.76% of home value · U.S. $3,119
⚡ Electric bill$154a month (typical) · U.S. $156

Life in Bellwood

Commute to work23.6 minU.S.: 26.4 min
College degree14%U.S.: 35.7%
Own their home43.9%U.S.: 65.2%
Below poverty line21%U.S.: 12.5%
Unemployment4.4%U.S.: 5.2%

Is it cheaper to rent or buy in Bellwood?

Renting is cheaper right now: about $449 a month less.

Renting
$1,114
Owning
$1,563

Owning assumes a typical $225,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,530 for the down payment.

Frequently asked questions

What is the average rent in Bellwood, VA?

Renting in Bellwood costs a median of about $1,114 a month in 2026, including utilities. The Virginia median is $2,049.

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

To keep rent under 30% of income, you need about $44,560 a year, or $21 an hour at a full-time job.

Is Bellwood cheap or expensive?

Bellwood is rated OK: rent takes 25.9% of the typical household income of $51,532. It ranks 23rd cheapest of 199 Virginia cities we track.

How much are property taxes in Bellwood?

The median homeowner in Bellwood pays $1,713 a year in property taxes, about 0.76% of the median home value.

Is Bellwood 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 Bellwood?

The median home value in Bellwood is $225,300, about 4.4 times the typical yearly household income.

7,907 people live in Bellwood. Numbers are typical (middle) values.