Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 19.2 minutes.
How much money do I need?
To rent here comfortably, you should earn about $31,400 a year. That is $15 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 4 of 199 cities from cheapest to most expensive.
How much do households earn in Collinsville?
Share of households by yearly income. 10.3% of households earn $100,000 or more.
Rent by apartment size in Collinsville
| Size | Collinsville | U.S. average |
|---|---|---|
| 1 bedroom | $704 | $1,324 |
| 2 bedrooms | $753 | $1,509 |
| 3 bedrooms | $865 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Collinsville overall?
Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Collinsville, so the Virginia figure is shown.
Taxes and bills in Collinsville
Life in Collinsville
Is it cheaper to rent or buy in Collinsville?
Renting is cheaper right now: about $233 a month less.
Owning assumes a typical $146,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,670 for the down payment.
Frequently asked questions
What is the average rent in Collinsville, VA?
Renting in Collinsville costs a median of about $785 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Collinsville?
To keep rent under 30% of income, you need about $31,400 a year, or $15 an hour at a full-time job.
Is Collinsville cheap or expensive?
Collinsville is rated Cheap: rent takes 16.7% of the typical household income of $56,252. It ranks 4th cheapest of 199 Virginia cities we track.
How much are property taxes in Collinsville?
The median homeowner in Collinsville pays $774 a year in property taxes, about 0.53% of the median home value.
Is Collinsville 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 Collinsville?
The median home value in Collinsville is $146,700, about 2.6 times the typical yearly household income.
7,139 people live in Collinsville. Numbers are typical (middle) values.