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Cost of Living in Reston, VA

Population 64,414 · Census ACS 2020–2024 5-year estimates

Median rent$2,231
Median home value$642,000
Median household income$148,710

The median rent in Reston, VA is $2,231/month, 41% higher than the Virginia median and 58% higher than the U.S. median. The median home value is $642,000, 93% higher than the national median. Households earn a median of $148,710 a year, 60% higher than the state median.

Affordability

Rent as a share of median income: 18.0%
Income needed for median rent (30% rule): $89,240/yr
Home price-to-income ratio: 4.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,246/mo

Run your own numbers: mortgage calculator · hourly to salary

Reston vs. Virginia vs. U.S.

RestonVirginiaU.S.
Median rent$2,231$1,579$1,413
Median home value$642,000$383,700$332,700
Median household income$148,710$93,170$80,734
Homeownership rate60.6%67.3%65.2%
Bachelor's degree or higher72.0%42.2%35.7%
Poverty rate5.7%9.9%12.5%
Unemployment rate5.0%4.3%5.2%
Work from home33.5%18.3%15.1%
Median age40.139.038.9

FAQ

What is the average rent in Reston, VA?

The median gross rent in Reston, VA is $2,231 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Reston, VA?

Using the common 30% rule, renting a median-priced home takes about $89,240 a year in gross income.

Is Reston, VA expensive to live in?

Rent there is 58% higher than the U.S. median, and the median home costs about 4.3 times the median household income.

Other cities in Virginia

Virginia Beach, VARent $1,714 · Income $92,968Chesapeake, VARent $1,586 · Income $95,373Arlington, VARent $2,322 · Income $142,114Norfolk, VARent $1,321 · Income $66,109Richmond, VARent $1,372 · Income $64,587Newport News, VARent $1,339 · Income $69,634

Cities with a similar cost of living

Oceanside, NYRent $2,227 · Income $149,560Crofton, MDRent $2,217 · Income $150,577Poway, CARent $2,301 · Income $148,359Louisville, CORent $2,166 · Income $147,319Queen Creek, AZRent $2,210 · Income $141,978Maple Valley, WARent $2,304 · Income $152,885

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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