How much house can I afford on $50,000 in Virginia?
About $180,000 with 20% down ($143,000 with an FHA loan), using Virginia's 0.71% property tax rate.
That is $232,039 less than the typical Virginia home ($412,252), so on $50,000 you'd look at cheaper areas or a smaller home. The payment of $1,167 covers $970 principal and interest, $107 property tax and $90 insurance.
Counties in Virginia you can afford on $50,000
19 of 133 counties have a typical home value at or below $180,000:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bristol City | $177,856 | -3.0% | 0.75% |
| Scott County | $168,070 | +3.5% | 0.62% |
| Greensville County | $163,665 | +2.2% | 0.54% |
| Smyth County | $163,239 | +4.5% | 0.58% |
| Brunswick County | $152,538 | +6.0% | 0.57% |
| Emporia City | $151,757 | +6.1% | 0.79% |
| Halifax County | $151,216 | +9.6% | 0.46% |
| Tazewell County | $144,973 | +3.6% | 0.62% |
| Lunenburg County | $143,388 | -1.3% | 0.39% |
| Russell County | $143,358 | +3.8% | 0.48% |
| Henry County | $141,597 | -4.1% | 0.47% |
| Wise County | $135,234 | +0.9% | 0.58% |
| Danville City | $133,231 | -1.0% | 0.65% |
| Norton City | $130,808 | -4.7% | 0.73% |
| Lee County | $116,115 | +9.4% | 0.6% |
| Covington City | $116,111 | +8.2% | 0.82% |
| Dickenson County | $115,970 | +14.6% | 0.47% |
| Martinsville City | $110,817 | -5.9% | 0.77% |
| Buchanan County | $76,546 | -3.8% | 0.44% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 0.71% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Virginia
Frequently asked questions
How much house can I afford on $50,000 in Virginia?
About $180,000 with 20% down at 7.11%, keeping the payment (with Virginia's 0.71% property tax and insurance) under $1,167 a month.
Is $50,000 enough to buy a house in Virginia?
Not the typical home: the typical Virginia home is worth $412,252 (Zillow, September 2026) and $50,000 supports about $180,000. 19 of 133 counties are within budget.