Lynchburg, VA at a glance
Median household income
$57,947$4,829 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Lynchburg, VA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Lynchburg, VA? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Lynchburg, VA MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,027 | $12,324 | $41,080 | 21.3% |
| 1-Bedroom Apartment | $1,033 | $12,396 | $41,320 | 21.4% |
| 2-Bedroom ApartmentBenchmark | $1,187 | $14,244 | $47,480 | 24.6% |
| 3-Bedroom Home | $1,635 | $19,620 | $65,400 | 33.9% |
| 4-Bedroom Home | $1,750 | $21,000 | $70,000 | 36.2% |
What a typical income covers in Lynchburg, VA
The 50/30/20 rule applied to the local median of $57,947 a year ($4,829 a month before tax).
What $57,947 leaves after Virginia taxes
Federal income tax, Social Security, Medicare and Virginia tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Virginia
Living in Lynchburg, VA: common questions
What is the median household income in Lynchburg, VA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Lynchburg, VA is $57,947 per year (approximately $4,829 per month).
What is the average rent in Lynchburg, VA?
The closest official figure is HUD's Fair Market Rent for 2026: $1,027 for a studio, $1,033 for one bedroom, $1,187 for two, $1,635 for three and $1,750 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Lynchburg, VA expensive to live in?
Prices there run 10.6% below the U.S. average. BEA's regional price parity for the metro area is 89.4, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Lynchburg, VA?
To keep a $1,187 two-bedroom under 30% of gross income, a household needs about $47,480 a year, or $3,957 a month. That is 82% of what the typical household in Lynchburg, VA earns.
How much do you need to live comfortably in Lynchburg, VA?
On the local median income of $57,947 ($4,829 a month before tax), the 50/30/20 rule leaves $2,414 a month for needs like rent, utilities and groceries, $1,449 for everything else and $966 for savings or debt. A two-bedroom at $1,187 takes 49% of the needs share.
How much is the electric bill in Lynchburg, VA?
Homes in Virginia paid 17.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $155. Your bill depends mostly on heating and cooling.