Rent is higher than in 54% of U.S. cities. A typical house costs about 3.7 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $69,400 a year. That is $33 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 65 of 199 cities from cheapest to most expensive.
How much do households earn in Manchester?
Share of households by yearly income. 29.6% of households earn $100,000 or more.
Rent by apartment size in Manchester
| Size | Manchester | U.S. average |
|---|---|---|
| Studio | $1,511 | $1,338 |
| 1 bedroom | $1,440 | $1,324 |
| 2 bedrooms | $1,745 | $1,509 |
| 3 bedrooms | $1,904 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Manchester 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 Manchester, so the Virginia figure is shown.
Taxes and bills in Manchester
Life in Manchester
Is it cheaper to rent or buy in Manchester?
Renting is cheaper right now: about $465 a month less.
Owning assumes a typical $317,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,700 for the down payment.
Frequently asked questions
What is the average rent in Manchester, VA?
Renting in Manchester costs a median of about $1,735 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Manchester?
To keep rent under 30% of income, you need about $69,400 a year, or $33 an hour at a full-time job.
Is Manchester cheap or expensive?
Manchester is rated OK: rent takes 24.0% of the typical household income of $86,599. It ranks 65th cheapest of 199 Virginia cities we track.
How much are property taxes in Manchester?
The median homeowner in Manchester pays $2,340 a year in property taxes, about 0.74% of the median home value.
Is Manchester 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 Manchester?
The median home value in Manchester is $317,000, about 3.7 times the typical yearly household income.
12,445 people live in Manchester. Numbers are typical (middle) values.