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Buchanan, VA

Full City Profile · Virginia · Botetourt County County

3.1 /5.0
B Good
1,271 Population 586/sq mi density
$52,474 Median Income $29,588 per capita
$201,900 Home Value $208,353 Zillow
$929 Median Rent 26.7% income on rent
57°F Avg Temperature 305 sunny days/yr
204 Violent Crime/100K 6,001 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$52,474 median income, 3.5% unemployment
A+
Affordability
4.5 / 5.0
$201,900 home value, $929/mo rent
F
Safety
1.0 / 5.0
204 violent crimes/100K
B+
Education
3.5 / 5.0
31.7% bachelor's degree or higher

Housing Overview

Median Home Value
$201,900
28% below
US avg: $281,900
Median Rent
$929/mo
20% below
US avg: $1,163/mo
Homeownership Rate
76.7%
17% above US avg (65.4%)
Total Housing Units
563
Median year built: 1962

Home Value by Source

Census Median
$201,900
Zillow (ZHVI)
$208,353
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.7%
Owner-Occupied
23.3%
Renter-Occupied
77%
23%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$792/mo
1 Bedroom
$834/mo
2 Bedroom
$914/mo
3 Bedroom
$1,271/mo
4 Bedroom
$1,494/mo
Census median rent: $929/mo

Affordability & Housing Stock

Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
76.7%

Complete Housing Data

Home Values

Census Median Value$201,900
Zillow Home Value (ZHVI)$208,353

Rent

Census Median Rent$929
FMR Studio$792
FMR 1-Bedroom$834
FMR 2-Bedroom$914
FMR 3-Bedroom$1,271
FMR 4-Bedroom$1,494

Market

Ownership & Stock

Owner-Occupied76.7%
Renter-Occupied23.3%
Homeownership Rate76.7%
Total Housing Units563
Median Year Built1962
Rent Burden26.7%