States › Virginia › Bridgewater

Is Bridgewater, VA expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,27927% lower than U.S. average
💵 Families earn per year (2026)$81,189about $6,766/month · 7% lower than U.S. average
🔑 House price$384,70016% higher than U.S. average

Rent is lower than in 71% of U.S. cities. A typical house costs about 4.7 years of household income. Commutes are short, about 15.3 minutes.

How much money do I need?

To rent here comfortably, you should earn about $51,160 a year. That is $25 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 34 of 199 cities from cheapest to most expensive.

Bridgewater
$1,279
Galax
$782
South Run
$3,500+
Buena Vista
$2,109
Pimmit Hills
$2,603
Belle Haven
$2,136
Braddock
$3,500+

How much do households earn in Bridgewater?

Under $25k
18.9%
$25k–50k
20.1%
$50k–100k
36.9%
$100k–150k
17.6%
$150k+
8.1%

Share of households by yearly income. 25.7% of households earn $100,000 or more.

Rent by apartment size in Bridgewater

SizeBridgewaterU.S. average
1 bedroom$1,138$1,324
2 bedrooms$1,312$1,509
3 bedrooms$1,527$1,698

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

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

Taxes and bills in Bridgewater

🏛️ Property tax$1,890a year · 0.49% of home value · U.S. $3,119
⚡ Electric bill$169a month (typical) · U.S. $156

Life in Bridgewater

Commute to work15.3 minU.S.: 26.4 min
College degree46.7%U.S.: 35.7%
Own their home60.3%U.S.: 65.2%
Below poverty line6.3%U.S.: 12.5%
Unemployment3.4%U.S.: 5.2%

Is it cheaper to rent or buy in Bridgewater?

Renting is cheaper right now: about $1,390 a month less.

Renting
$1,279
Owning
$2,669

Owning assumes a typical $384,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,470 for the down payment.

Frequently asked questions

What is the average rent in Bridgewater, VA?

Renting in Bridgewater costs a median of about $1,279 a month in 2026, including utilities. The Virginia median is $2,049.

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

To keep rent under 30% of income, you need about $51,160 a year, or $25 an hour at a full-time job.

Is Bridgewater cheap or expensive?

Bridgewater is rated Cheap: rent takes 18.9% of the typical household income of $81,189. It ranks 34th cheapest of 199 Virginia cities we track.

How much are property taxes in Bridgewater?

The median homeowner in Bridgewater pays $1,890 a year in property taxes, about 0.49% of the median home value.

Is Bridgewater 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 Bridgewater?

The median home value in Bridgewater is $384,700, about 4.7 times the typical yearly household income.

6,708 people live in Bridgewater. Numbers are typical (middle) values.