States › Virginia › Colonial Heights

Is Colonial Heights, VA expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8214% higher than U.S. average
💵 Families earn per year (2026)$82,511about $6,876/month · 5% lower than U.S. average
🔑 House price$246,60026% lower than U.S. average

Rent is higher than in 59% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $72,840 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 72 of 199 cities from cheapest to most expensive.

Colonial Heights
$1,821
Kingstowne
$2,533
Franconia
$2,718
Gainesville
$2,322
Laurel
$2,065
Franklin Farm
$3,512
Midlothian
$1,751

How much do households earn in Colonial Heights?

Under $25k
11.4%
$25k–50k
21.1%
$50k–100k
38.6%
$100k–150k
15.1%
$150k+
8.8%

Share of households by yearly income. 23.8% of households earn $100,000 or more.

Rent by apartment size in Colonial Heights

SizeColonial HeightsU.S. average
1 bedroom$971$1,324
2 bedrooms$1,226$1,509
3 bedrooms$1,486$1,698
4 bedrooms$1,513$2,098

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

How expensive is Colonial Heights 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 Colonial Heights, so the Virginia figure is shown.

Taxes and bills in Colonial Heights

🏛️ Property tax$2,071a year · 0.84% of home value · U.S. $3,119
⚡ Electric bill$168a month (typical) · U.S. $156

Life in Colonial Heights

Commute to work25.5 minU.S.: 26.4 min
College degree28%U.S.: 35.7%
Own their home68.1%U.S.: 65.2%
Below poverty line7.9%U.S.: 12.5%
Unemployment3.6%U.S.: 5.2%

Is it cheaper to rent or buy in Colonial Heights?

Buying is cheaper month to month: about $110 a month less than renting.

Renting
$1,821
Owning
$1,711

Owning assumes a typical $246,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,660 for the down payment.

Frequently asked questions

What is the average rent in Colonial Heights, VA?

Renting in Colonial Heights costs a median of about $1,821 a month in 2026, including utilities. The Virginia median is $2,049.

How much do I need to make to live in Colonial Heights?

To keep rent under 30% of income, you need about $72,840 a year, or $35 an hour at a full-time job.

Is Colonial Heights cheap or expensive?

Colonial Heights is rated OK: rent takes 26.5% of the typical household income of $82,511. It ranks 72nd cheapest of 199 Virginia cities we track.

How much are property taxes in Colonial Heights?

The median homeowner in Colonial Heights pays $2,071 a year in property taxes, about 0.84% of the median home value.

Is Colonial Heights 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 Colonial Heights?

The median home value in Colonial Heights is $246,600, about 3.0 times the typical yearly household income.

18,352 people live in Colonial Heights. Numbers are typical (middle) values.