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Staunton city Housing Market

Virginia · 133 counties · Ranked #2288 in home value

Below National Avg

Housing at a Glance

Median Home Value

$239,300

vs national$239,300 vs $281,900 national

Median Gross Rent

$993/mo

vs national$993 vs $1,163 national

Effective Tax Rate

0.71%

vs national0.71% vs 1.02% national

Median Household Income

$62,586

vs national$62,586 vs $74,755 national

Affordability Ratio

3.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,696

Tax as % of Home Value

0.71%

Monthly Owner Cost

$1,040

Renter Income

$42,838

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Frequently Asked Questions

What is the median home value in Staunton city?

The median home value in Staunton city is $239,300. This is below the national median of $281,900.

How much is rent in Staunton city?

The median gross rent in Staunton city is $993 per month.

What is the property tax rate in Staunton city?

The effective property tax rate in Staunton city is 0.71%. The median annual property tax bill is $1,696.

Is Staunton city affordable?

With a home-value-to-income ratio of 3.8x, Staunton city is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.