States › Virginia › Collinsville

Is Collinsville, VA expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$78555% lower than U.S. average
💵 Families earn per year (2026)$56,252about $4,688/month · 35% lower than U.S. average
🔑 House price$146,70056% lower than U.S. average

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.

Collinsville
$785
$1,045
$2,496
$2,001

How much do households earn in Collinsville?

Under $25k
16.7%
$25k–50k
34.5%
$50k–100k
31.6%
$100k–150k
5.7%
$150k+
4.6%

Share of households by yearly income. 10.3% of households earn $100,000 or more.

Rent by apartment size in Collinsville

SizeCollinsvilleU.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).

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 Collinsville, so the Virginia figure is shown.

Taxes and bills in Collinsville

🏛️ Property tax$774a year · 0.53% of home value · U.S. $3,119
⚡ Electric bill$182a month (typical) · U.S. $156

Life in Collinsville

Commute to work19.2 minU.S.: 26.4 min
College degree24.9%U.S.: 35.7%
Own their home56.8%U.S.: 65.2%
Below poverty line16.3%U.S.: 12.5%
Unemployment4.7%U.S.: 5.2%

Is it cheaper to rent or buy in Collinsville?

Renting is cheaper right now: about $233 a month less.

Renting
$785
Owning
$1,018

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.