Housing in Botetourt County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Botetourt County averages $1,035/month for a 2‑bedroom in 2024, compared to the Virginia median of $1,579 and the national median of $1,413. Local renters spend approximately 21% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Botetourt County FMR Area are $1,072 for a studio, $1,125 for 1‑bedroom, $1,340 for 2‑bedroom, $1,863 for 3‑bedroom, and $2,248 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $305 increase for a 2-bedroom in Botetourt County shows a 29% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Botetourt County was 2.5% in 2024, compared to Virginia at 2.9% and the national rate of 4.0%.

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Towns near Buchanan

City
County
State
Miles
Buena Vista city
VA
0.0
Lexington city
VA
6.7
Rockbridge
VA
8.9
Rockbridge
VA
10.0
Rockbridge
VA
10.2
Rockbridge
VA
11.0
Rockbridge
VA
11.3
Rockbridge
VA
13.0
Rockbridge
VA
13.6
Rockbridge
VA
15.4
Rockbridge
VA
18.5
Botetourt
VA
23.7
Alleghany
VA
24.0
Alleghany
VA
25.4
Botetourt
VA
25.9
Alleghany
VA
27.1
Alleghany
VA
29.1
Botetourt
VA
32.3
Bath
VA
32.3
Bath
VA
33.7
Covington city
VA
34.8
Botetourt
VA
35.2
Botetourt
VA
37.1
Bath
VA
37.8
Botetourt
VA
38.5
Botetourt
VA
39.3

Renter Qualifications

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