States › Virginia › Waynesboro

Is Waynesboro, VA expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,26528% lower than U.S. average
💵 Families earn per year (2026)$64,704about $5,392/month · 26% lower than U.S. average
🔑 House price$245,50026% lower than U.S. average

Rent is lower than in 71% of U.S. cities. A typical house costs about 3.8 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $50,600 a year. That is $24 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 31 of 199 cities from cheapest to most expensive.

Waynesboro
$1,265
Hopewell
$1,307
Christiansburg
$1,221
McNair
$2,355
West Springfield
$2,298
Montclair
$2,886
Chantilly
$2,573

How much do households earn in Waynesboro?

Under $25k
17.5%
$25k–50k
28.2%
$50k–100k
33.5%
$100k–150k
12.0%
$150k+
5.0%

Share of households by yearly income. 17.1% of households earn $100,000 or more.

Rent by apartment size in Waynesboro

SizeWaynesboroU.S. average
Studio$600$1,338
1 bedroom$887$1,324
2 bedrooms$1,034$1,509
3 bedrooms$1,257$1,698
4 bedrooms$1,299$2,098

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

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

Taxes and bills in Waynesboro

🏛️ Property tax$1,639a year · 0.67% of home value · U.S. $3,119
⚡ Electric bill$135a month (typical) · U.S. $156

Life in Waynesboro

Commute to work21.4 minU.S.: 26.4 min
College degree25.7%U.S.: 35.7%
Own their home59.9%U.S.: 65.2%
Below poverty line11.2%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Waynesboro?

Renting is cheaper right now: about $438 a month less.

Renting
$1,265
Owning
$1,703

Owning assumes a typical $245,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,550 for the down payment.

Frequently asked questions

What is the average rent in Waynesboro, VA?

Renting in Waynesboro costs a median of about $1,265 a month in 2026, including utilities. The Virginia median is $2,049.

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

To keep rent under 30% of income, you need about $50,600 a year, or $24 an hour at a full-time job.

Is Waynesboro cheap or expensive?

Waynesboro is rated OK: rent takes 23.5% of the typical household income of $64,704. It ranks 31st cheapest of 199 Virginia cities we track.

How much are property taxes in Waynesboro?

The median homeowner in Waynesboro pays $1,639 a year in property taxes, about 0.67% of the median home value.

Is Waynesboro 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 Waynesboro?

The median home value in Waynesboro is $245,500, about 3.8 times the typical yearly household income.

22,841 people live in Waynesboro. Numbers are typical (middle) values.