Rent here is among the highest 10% in the country. Household incomes are higher than in 93% of U.S. cities. A typical house costs about 3.6 years of household income. Most homes (86.2%) are owned, so rentals can be hard to find. It is a highly educated city: 63.2% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $114,040 a year. That is $55 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 167 of 199 cities from cheapest to most expensive.
How much do households earn in Newington?
Share of households by yearly income. 65.9% of households earn $100,000 or more.
Rent by apartment size in Newington
| Size | Newington | U.S. average |
|---|---|---|
| 2 bedrooms | $2,473 | $1,509 |
| 3 bedrooms | $3,056 | $1,698 |
| 4 bedrooms | $3,072 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Newington 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 Newington, so the Virginia figure is shown.
Taxes and bills in Newington
Life in Newington
Is it cheaper to rent or buy in Newington?
Renting is cheaper right now: about $1,298 a month less.
Owning assumes a typical $598,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $59,800 for the down payment.
Frequently asked questions
What is the average rent in Newington, VA?
Renting in Newington costs a median of about $2,851 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Newington?
To keep rent under 30% of income, you need about $114,040 a year, or $55 an hour at a full-time job.
Is Newington cheap or expensive?
Newington is rated OK: rent takes 20.5% of the typical household income of $167,197. It ranks 167th cheapest of 199 Virginia cities we track.
How much are property taxes in Newington?
The median homeowner in Newington pays $5,930 a year in property taxes, about 0.99% of the median home value.
Is Newington 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 Newington?
The median home value in Newington is $598,000, about 3.6 times the typical yearly household income.
13,478 people live in Newington. Numbers are typical (middle) values.