States › Virginia › Williamsburg

Is Williamsburg, VA expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8093% higher than U.S. average
💵 Families earn per year (2026)$81,539about $6,795/month · 6% lower than U.S. average
🔑 House price$428,10029% higher than U.S. average

Rent is higher than in 58% of U.S. cities. A typical house costs about 5.3 years of household income. Commutes are short, about 19.5 minutes.

How much money do I need?

To rent here comfortably, you should earn about $72,360 a year. That is $35 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 70 of 199 cities from cheapest to most expensive.

Williamsburg
$1,809
$3,500+
$3,500+

How much do households earn in Williamsburg?

Under $25k
15.1%
$25k–50k
18.9%
$50k–100k
30.1%
$100k–150k
17.1%
$150k+
11.8%

Share of households by yearly income. 28.9% of households earn $100,000 or more.

Rent by apartment size in Williamsburg

SizeWilliamsburgU.S. average
Studio$894$1,338
1 bedroom$1,102$1,324
2 bedrooms$1,464$1,509
3 bedrooms$1,666$1,698
4 bedrooms$2,362$2,098

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

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

Taxes and bills in Williamsburg

🏛️ Property tax$2,518a year · 0.59% of home value · U.S. $3,119
⚡ Electric bill$119a month (typical) · U.S. $156

Life in Williamsburg

Commute to work19.5 minU.S.: 26.4 min
College degree45.8%U.S.: 35.7%
Own their home53.2%U.S.: 65.2%
Below poverty line18.8%U.S.: 12.5%
Unemployment6.8%U.S.: 5.2%

Is it cheaper to rent or buy in Williamsburg?

Renting is cheaper right now: about $1,161 a month less.

Renting
$1,809
Owning
$2,970

Owning assumes a typical $428,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,810 for the down payment.

Frequently asked questions

What is the average rent in Williamsburg, VA?

Renting in Williamsburg costs a median of about $1,809 a month in 2026, including utilities. The Virginia median is $2,049.

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

To keep rent under 30% of income, you need about $72,360 a year, or $35 an hour at a full-time job.

Is Williamsburg cheap or expensive?

Williamsburg is rated OK: rent takes 26.6% of the typical household income of $81,539. It ranks 70th cheapest of 199 Virginia cities we track.

How much are property taxes in Williamsburg?

The median homeowner in Williamsburg pays $2,518 a year in property taxes, about 0.59% of the median home value.

Is Williamsburg 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 Williamsburg?

The median home value in Williamsburg is $428,100, about 5.3 times the typical yearly household income.

15,798 people live in Williamsburg. Numbers are typical (middle) values.