salaryRent here is among the highest 10% in the country. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are long, about 31.4 minutes each way. Most homes (89.3%) are owned, so rentals can be hard to find. It is a highly educated city: 76.1% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $119,520 a year. That is $57 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 171 of 199 cities from cheapest to most expensive.
How much do households earn in Lowes Island?
Share of households by yearly income. 83.3% of households earn $100,000 or more.
Rent by apartment size in Lowes Island
| Size | Lowes Island | U.S. average |
|---|---|---|
| 3 bedrooms | $2,859 | $1,698 |
| 4 bedrooms | $3,420 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lowes Island 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 Lowes Island, so the Virginia figure is shown.
Taxes and bills in Lowes Island
Life in Lowes Island
Is it cheaper to rent or buy in Lowes Island?
Renting is cheaper right now: about $2,516 a month less.
Owning assumes a typical $793,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $79,320 for the down payment.
Frequently asked questions
What is the average rent in Lowes Island, VA?
Renting in Lowes Island costs a median of about $2,988 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Lowes Island?
To keep rent under 30% of income, you need about $119,520 a year, or $57 an hour at a full-time job.
Is Lowes Island cheap or expensive?
Lowes Island is rated Cheap: rent takes 15.1% of the typical household income of $238,168. It ranks 171st cheapest of 199 Virginia cities we track.
How much are property taxes in Lowes Island?
The median homeowner in Lowes Island pays $6,444 a year in property taxes, about 0.81% of the median home value.
Is Lowes Island 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 Lowes Island?
The median home value in Lowes Island is $793,200, about 3.3 times the typical yearly household income.
11,018 people live in Lowes Island. Numbers are typical (middle) values.