Harrisonburg
Virginia · Ranked #156 of 373 metros
80Affordable
💡
Housing in Harrisonburg costs 4× the median income, below the national average of 4.5×. The median home price is $305K and median rent is $1,156/month. Harrisonburg ranks #156 of 373 metros for affordability.
Median Home Price
🏠$305K
Need $90K income
Median Rent
🔑$1,156
Need $46K income
Building Permits
🔨770
annual
Median Income
💰$76K
Pop: 126,786
Rent Burden
⚠️22.8%
of renters paying >30%
Homeownership
🏡64.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Harrisonburg | National |
|---|---|---|
| Price-to-Income Ratio | 4x | 6.1x |
| Rent Burden | 22.8% | 31.5% |
| Homeownership Rate | 64.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +56.4%Since 2000: +184.9%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,050/mo
1 Bedroom$1,057/mo
2 Bedroom$1,322/mo
3 Bedroom$1,801/mo
4 Bedroom$2,125/mo
Zillow Market Data
Home Value (ZHVI)
$340K
1yr: +3.3%5yr: +32.0%
Rent (ZORI)
$1,699/mo
1yr: +4.7%5yr: +43.4%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$349K
Active Inventory
191
Days on Market
57
Sold Above List
20.2%
Price Drops
15.2%