salaryRent is higher than in 90% 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 $108,560 a year. That is $52 an hour at a full-time job.
Is rent cheaper than other Virginia cities?
No. Rent here is more expensive than in most of Virginia. It is number 159 of 199 cities from cheapest to most expensive.
How much do households earn in Hollins?
Share of households by yearly income. 24.9% of households earn $100,000 or more.
Rent by apartment size in Hollins
| Size | Hollins | U.S. average |
|---|---|---|
| Studio | $962 | $1,338 |
| 1 bedroom | $965 | $1,324 |
| 2 bedrooms | $1,207 | $1,509 |
| 3 bedrooms | $1,898 | $1,698 |
| 4 bedrooms | $2,054 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hollins 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 Hollins, so the Virginia figure is shown.
Taxes and bills in Hollins
Life in Hollins
Is it cheaper to rent or buy in Hollins?
Buying is cheaper month to month: about $1,019 a month less than renting.
Owning assumes a typical $244,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,430 for the down payment.
Frequently asked questions
What is the average rent in Hollins, VA?
Renting in Hollins costs a median of about $2,714 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Hollins?
To keep rent under 30% of income, you need about $108,560 a year, or $52 an hour at a full-time job.
Is Hollins cheap or expensive?
Hollins is rated Expensive: rent takes 39.0% of the typical household income of $83,536. It ranks 159th cheapest of 199 Virginia cities we track.
How much are property taxes in Hollins?
The median homeowner in Hollins pays $2,236 a year in property taxes, about 0.92% of the median home value.
Is Hollins 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 Hollins?
The median home value in Hollins is $244,300, about 2.9 times the typical yearly household income.
17,097 people live in Hollins. Numbers are typical (middle) values.