salaryRent is lower than in 83% 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 $43,000 a year. That is $21 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 21 of 199 cities from cheapest to most expensive.
How much do households earn in Danville?
Share of households by yearly income. 13.5% of households earn $100,000 or more.
Rent by apartment size in Danville
| Size | Danville | U.S. average |
|---|---|---|
| Studio | $544 | $1,338 |
| 1 bedroom | $619 | $1,324 |
| 2 bedrooms | $862 | $1,509 |
| 3 bedrooms | $1,115 | $1,698 |
| 4 bedrooms | $1,165 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Danville 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 Danville, so the Virginia figure is shown.
Taxes and bills in Danville
Life in Danville
Is it cheaper to rent or buy in Danville?
Buying is cheaper month to month: about $249 a month less than renting.
Owning assumes a typical $119,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,910 for the down payment.
Frequently asked questions
What is the average rent in Danville, VA?
Renting in Danville costs a median of about $1,075 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Danville?
To keep rent under 30% of income, you need about $43,000 a year, or $21 an hour at a full-time job.
Is Danville cheap or expensive?
Danville is rated OK: rent takes 26.9% of the typical household income of $47,910. It ranks 21st cheapest of 199 Virginia cities we track.
How much are property taxes in Danville?
The median homeowner in Danville pays $774 a year in property taxes, about 0.65% of the median home value.
Is Danville 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 Danville?
The median home value in Danville is $119,100, about 2.5 times the typical yearly household income.
42,214 people live in Danville. Numbers are typical (middle) values.