Lynchburg
Virginia · Ranked #133 of 373 metros
83Affordable
💡
Housing in Lynchburg costs 3.71× the median income, below the national average of 4.5×. The median home price is $249K and median rent is $973/month. Lynchburg ranks #133 of 373 metros for affordability.
Median Home Price
🏠$249K
Need $73K income
Median Rent
🔑$973
Need $39K income
Building Permits
🔨1,404
annual
Median Income
💰$67K
Pop: 264,496
Rent Burden
⚠️22.3%
of renters paying >30%
Homeownership
🏡72.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Lynchburg | National |
|---|---|---|
| Price-to-Income Ratio | 3.71x | 6.1x |
| Rent Burden | 22.3% | 31.5% |
| Homeownership Rate | 72.0% | 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: +62.9%Since 2000: +175.3%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,027/mo
1 Bedroom$1,033/mo
2 Bedroom$1,187/mo
3 Bedroom$1,635/mo
4 Bedroom$1,750/mo
Zillow Market Data
Home Value (ZHVI)
$280K
1yr: +1.3%5yr: +37.3%
Rent (ZORI)
$1,335/mo
1yr: +2.7%5yr: +38.5%
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
$220K
Active Inventory
10
Days on Market
28
Sold Above List
0.0%