States › Virginia › Triangle

Is Triangle, VA expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,93410% higher than U.S. average
💵 Families earn per year (2026)$118,304about $9,859/month · 36% higher than U.S. average
🔑 House price$505,30052% higher than U.S. average

Rent is higher than in 65% of U.S. cities. A typical house costs about 4.3 years of household income. Commutes are long, about 38.7 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $77,360 a year. That is $37 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 93 of 199 cities from cheapest to most expensive.

Triangle
$1,934
$1,492
$2,385

How much do households earn in Triangle?

Under $25k
6.4%
$25k–50k
17.8%
$50k–100k
28.6%
$100k–150k
22.0%
$150k+
23.9%

Share of households by yearly income. 45.8% of households earn $100,000 or more.

Rent by apartment size in Triangle

SizeTriangleU.S. average
1 bedroom$1,325$1,324
2 bedrooms$1,736$1,509
3 bedrooms$1,883$1,698
4 bedrooms$2,849$2,098

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

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

Taxes and bills in Triangle

🏛️ Property tax$4,840a year · 0.96% of home value · U.S. $3,119
⚡ Electric bill$168a month (typical) · U.S. $156

Life in Triangle

Commute to work38.7 minU.S.: 26.4 min
College degree40.8%U.S.: 35.7%
Own their home63.1%U.S.: 65.2%
Below poverty line7.6%U.S.: 12.5%
Unemployment9%U.S.: 5.2%

Is it cheaper to rent or buy in Triangle?

Renting is cheaper right now: about $1,572 a month less.

Renting
$1,934
Owning
$3,506

Owning assumes a typical $505,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $50,530 for the down payment.

Frequently asked questions

What is the average rent in Triangle, VA?

Renting in Triangle costs a median of about $1,934 a month in 2026, including utilities. The Virginia median is $2,049.

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

To keep rent under 30% of income, you need about $77,360 a year, or $37 an hour at a full-time job.

Is Triangle cheap or expensive?

Triangle is rated Cheap: rent takes 19.6% of the typical household income of $118,304. It ranks 93rd cheapest of 199 Virginia cities we track.

How much are property taxes in Triangle?

The median homeowner in Triangle pays $4,840 a year in property taxes, about 0.96% of the median home value.

Is Triangle 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 Triangle?

The median home value in Triangle is $505,300, about 4.3 times the typical yearly household income.

10,450 people live in Triangle. Numbers are typical (middle) values.