States › Virginia › Brandermill

Is Brandermill, VA expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8335% higher than U.S. average
💵 Families earn per year (2026)$115,827about $9,652/month · 33% higher than U.S. average
🔑 House price$376,00013% higher than U.S. average

Rent is higher than in 59% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $73,320 a year. That is $35 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 76 of 199 cities from cheapest to most expensive.

Brandermill
$1,833
Martinsville
$850
Groveton
$1,872
Huntington
$2,148
Newington
$2,851
Kings Park West
$3,282
Forest
$1,847

How much do households earn in Brandermill?

Under $25k
6.2%
$25k–50k
13.2%
$50k–100k
38.2%
$100k–150k
24.0%
$150k+
16.8%

Share of households by yearly income. 40.9% of households earn $100,000 or more.

Rent by apartment size in Brandermill

SizeBrandermillU.S. average
1 bedroom$1,672$1,324
2 bedrooms$1,903$1,509
3 bedrooms$2,222$1,698
4 bedrooms$2,275$2,098

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

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

Taxes and bills in Brandermill

🏛️ Property tax$2,944a year · 0.78% of home value · U.S. $3,119
⚡ Electric bill$184a month (typical) · U.S. $156

Life in Brandermill

Commute to work25.5 minU.S.: 26.4 min
College degree49.1%U.S.: 35.7%
Own their home69.7%U.S.: 65.2%
Below poverty line7.8%U.S.: 12.5%
Unemployment4.6%U.S.: 5.2%

Is it cheaper to rent or buy in Brandermill?

Renting is cheaper right now: about $776 a month less.

Renting
$1,833
Owning
$2,609

Owning assumes a typical $376,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,600 for the down payment.

Frequently asked questions

What is the average rent in Brandermill, VA?

Renting in Brandermill costs a median of about $1,833 a month in 2026, including utilities. The Virginia median is $2,049.

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

To keep rent under 30% of income, you need about $73,320 a year, or $35 an hour at a full-time job.

Is Brandermill cheap or expensive?

Brandermill is rated Cheap: rent takes 19.0% of the typical household income of $115,827. It ranks 76th cheapest of 199 Virginia cities we track.

How much are property taxes in Brandermill?

The median homeowner in Brandermill pays $2,944 a year in property taxes, about 0.78% of the median home value.

Is Brandermill 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 Brandermill?

The median home value in Brandermill is $376,000, about 3.2 times the typical yearly household income.

13,730 people live in Brandermill. Numbers are typical (middle) values.