States › Virginia › Madison Heights

Is Madison Heights, VA expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,00443% lower than U.S. average
💵 Families earn per year (2026)$64,942about $5,412/month · 25% lower than U.S. average
🔑 House price$191,30043% lower than U.S. average

Rent is lower than in 87% 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 $40,160 a year. That is $19 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 16 of 199 cities from cheapest to most expensive.

Madison Heights
$1,004
Loudoun Valley Estates
$3,364
Warrenton
$1,492
Triangle
$1,934
Rockwood
$2,385
Difficult Run
$3,226
George Mason
$1,914

How much do households earn in Madison Heights?

Under $25k
15.7%
$25k–50k
28.6%
$50k–100k
37.3%
$100k–150k
10.4%
$150k+
3.6%

Share of households by yearly income. 14.0% of households earn $100,000 or more.

Rent by apartment size in Madison Heights

SizeMadison HeightsU.S. average
Studio$342$1,338
1 bedroom$564$1,324
2 bedrooms$867$1,509
3 bedrooms$1,134$1,698
4 bedrooms$1,619$2,098

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

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

Taxes and bills in Madison Heights

🏛️ Property tax$810a year · 0.42% of home value · U.S. $3,119
⚡ Electric bill$193a month (typical) · U.S. $156

Life in Madison Heights

Commute to work24.2 minU.S.: 26.4 min
College degree17.4%U.S.: 35.7%
Own their home71.4%U.S.: 65.2%
Below poverty line10.5%U.S.: 12.5%
Unemployment5.2%U.S.: 5.2%

Is it cheaper to rent or buy in Madison Heights?

Renting is cheaper right now: about $323 a month less.

Renting
$1,004
Owning
$1,327

Owning assumes a typical $191,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,130 for the down payment.

Frequently asked questions

What is the average rent in Madison Heights, VA?

Renting in Madison Heights costs a median of about $1,004 a month in 2026, including utilities. The Virginia median is $2,049.

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

To keep rent under 30% of income, you need about $40,160 a year, or $19 an hour at a full-time job.

Is Madison Heights cheap or expensive?

Madison Heights is rated Cheap: rent takes 18.6% of the typical household income of $64,942. It ranks 16th cheapest of 199 Virginia cities we track.

How much are property taxes in Madison Heights?

The median homeowner in Madison Heights pays $810 a year in property taxes, about 0.42% of the median home value.

Is Madison 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 Madison Heights?

The median home value in Madison Heights is $191,300, about 2.9 times the typical yearly household income.

10,266 people live in Madison Heights. Numbers are typical (middle) values.