Cost of living in Madison Heights, VA

Housing, rent, and a comparison to the US average.

$246,989
Median home value
$1,312/mo
Median rent
70
Cost index (US=100)
-1.3%
Home YoY change

The median home value in Madison Heights, VA is $246,989 as of 2026-04. That places Madison Heights below the US average for housing cost, with a cost index of approximately 70 versus a national baseline of 100.

Over the past 12 months, the median home value in Madison Heights has moved sideways, and over the past five years it has averaged +5.3% annual growth. The current price sits -2.4% from its 5-year peak in 2025-02.

Renters pay a median of $1,312 per month in Madison Heights. Rents have changed — over the last year and averaged — per year over five years.

Beyond housing, day-to-day costs in Madison Heights are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$246,989
1-year change-1.3%
5-year price growth+5.3%
10-year price growth+5.5%
vs 5-year peak-2.4%

Source: Zillow Home Value Index (ZHVI).

How Madison Heights compares

Cost index70 (below US)
Median home vs US (~$355k)-30.4%
Population10,893
Momentum score62 (Rising)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.