States › Virginia › Oakton

Is Oakton, VA expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,25529% higher than U.S. average
💵 Families earn per year (2026)$173,275about $14,440/month · 99% higher than U.S. average
🔑 House price$792,100138% higher than U.S. average

Rent is higher than in 78% of U.S. cities. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 4.6 years of household income. It is a highly educated city: 74.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $90,200 a year. That is $43 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 116 of 199 cities from cheapest to most expensive.

Oakton
$2,255
$2,394
$2,522
$2,266

How much do households earn in Oakton?

Under $25k
3.7%
$25k–50k
8.4%
$50k–100k
26.5%
$100k–150k
20.8%
$150k+
39.6%

Share of households by yearly income. 60.4% of households earn $100,000 or more.

Rent by apartment size in Oakton

SizeOaktonU.S. average
Studio$2,204$1,338
1 bedroom$2,122$1,324
2 bedrooms$2,336$1,509
3 bedrooms$3,083$1,698
4 bedrooms$3,113$2,098

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

How expensive is Oakton 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 Oakton, so the Virginia figure is shown.

Taxes and bills in Oakton

🏛️ Property tax$8,123a year · 1.03% of home value · U.S. $3,119
⚡ Electric bill$134a month (typical) · U.S. $156

Life in Oakton

Commute to work29.4 minU.S.: 26.4 min
College degree74.5%U.S.: 35.7%
Own their home66.6%U.S.: 65.2%
Below poverty line4.6%U.S.: 12.5%
Unemployment1.9%U.S.: 5.2%

Is it cheaper to rent or buy in Oakton?

Renting is cheaper right now: about $3,241 a month less.

Renting
$2,255
Owning
$5,496

Owning assumes a typical $792,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $79,210 for the down payment.

Frequently asked questions

What is the average rent in Oakton, VA?

Renting in Oakton costs a median of about $2,255 a month in 2026, including utilities. The Virginia median is $2,049.

How much do I need to make to live in Oakton?

To keep rent under 30% of income, you need about $90,200 a year, or $43 an hour at a full-time job.

Is Oakton cheap or expensive?

Oakton is rated Cheap: rent takes 15.6% of the typical household income of $173,275. It ranks 116th cheapest of 199 Virginia cities we track.

How much are property taxes in Oakton?

The median homeowner in Oakton pays $8,123 a year in property taxes, about 1.03% of the median home value.

Is Oakton 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 Oakton?

The median home value in Oakton is $792,100, about 4.6 times the typical yearly household income.

36,528 people live in Oakton. Numbers are typical (middle) values.