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City · 6,708 residents · Rockingham County, Virginia

Bridgewater , Virginia

In Bridgewater, a typical home is worth $384,700 and typical rent is $1,216 a month. Compared with all of Rockingham County, the typical home value is 23% higher, typical household income is 7% lower, and the share of households that own their home is 15 points lower.

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  • Typical home value

    $384,700

    23% above the county

    About the same as Virginia

    • Bridgewater
    • Rockingham
    • Virginia

  • Typical rent

    $1,216a month

    5% above the county

    23% below Virginia

    • Bridgewater
    • Rockingham
    • Virginia

  • Typical household income

    $75,280a year

    7% below the county

    19% below Virginia

    • Bridgewater
    • Rockingham
    • Virginia

  • Households that own their home

    60%

    15 points below the county

    7 points below Virginia

    • Bridgewater
    • Rockingham
    • Virginia

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$373,547
0.7% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Bridgewater is in Rockingham County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Rockingham County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Bridgewater apart

What this place has that others do not, from public data, most unusual first.

  1. 60% of households in Bridgewater own their home, against 75% in Rockingham County.

  2. Nearby, in Stuarts Draft, the typical home value is $294,300: 23% less than in Bridgewater ($384,700).

  3. The typical home in Bridgewater is worth $384,700, 23% more than in Rockingham County as a whole ($313,000).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Bridgewater

What homes there are in Bridgewater, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Bridgewater, 6 in 10 homes are single-family detached houses; in Rockingham County, 7.

Year built

In Bridgewater, half of the homes were built before 1986; in Rockingham County, before 1986.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,868 a month

Rockingham County: $1,618 a month

Without a mortgage

$461 a month

Rockingham County: $461 a month

Owners with a mortgage

69%

Rockingham County: 56%

Owning costs more in Bridgewater: with a mortgage, the typical cost is $1,868 a month; in Rockingham County, $1,618. Without one, $461.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Bridgewater rose 64%; in Rockingham County, it rose 48%.

Since 2015–2019, the typical rent in Bridgewater rose 36%, more than in Rockingham County (28%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBridgewaterRockingham CountyVirginiaUnited States
Rental vacancy Unreliable estimateUnreliable estimate4.8%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate1.2%2.1%3.4%
People per household 2.342.562.522.53
Drive alone 64%78%68%69%
Carpool Unreliable estimate10%8%9%
Public transit Unreliable estimateUnreliable estimate2%3%
Walk or bike 14%2%2%3%
Work from home 11%9%18%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

On average, a household in Bridgewater has 2.34 people, fewer than in Rockingham County (2.56).

Many here get to work on foot or by bike: 14%, more than in Rockingham County (2%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Bridgewater?

A typical home costs more than the typical income allows

We start with a typical home in Bridgewater, worth $384,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 49% of the typical household income in Bridgewater, which is $75,280 a year. For that payment to be 28% of income, a household would need to earn about $130,561 a year.

The calculator's FHA and conventional loan limits are those of all of Rockingham County.

Your numbers

Local data
$

Starts at the typical home value in Bridgewater. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,465 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,046

at 7.18% · 30 years

Loan amount
$377,732
Total interest
$543,467
Paid off in
November 2056

Includes $6,497 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,757 a month

  • Tight

    $1,757 to $2,258 a month

  • Hard

    more than $2,258 a month

    Your payment · 49%

Compared with the typical household income in Bridgewater ($75,280 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,046
Principal & interest$2,559
Property tax$157
Home insurance$160
FHA mortgage insurance (MIP)$170

You need at least $13,465 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Bridgewater and Rockingham County

Bridgewater is in Rockingham County, Virginia. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Bridgewater's own numbers

Typical home value
$384,700
Typical monthly rent
$1,216
Typical yearly household income
$75,280
Households that own their home
60%
Effective property tax rate
0.49%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Rockingham County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,264
Price change over 5 years (FHFA)
+49%
Homes in a high flood-risk zone
3.6%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Rockingham County.

Everything about Rockingham County

Buying

Buying a home in Bridgewater

A typical home in Bridgewater is worth $384,700: 23% above the county and about the same as Virginia. With the typical household income in Bridgewater ($75,280 a year), a typical home costs 5.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Bridgewater 5.1 years
  • Rockingham 3.9 years
  • Virginia 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Rockingham County

According to FHFA’s house price index, home prices in Rockingham County rose 70% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Rockingham County.

Period County Virginia U.S.
Last year (2025) +4.8% +3.7% +2.9%
5 years (2020–2025) +49% +49% +47%
10 years (2015–2025) +70% +75% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Bridgewater next to Rockingham County, Virginia and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Bridgewater $384,700
  • Rockingham $313,000
  • Virginia $383,700
  • United States $332,700
Typical monthly rent
  • Bridgewater $1,216
  • Rockingham $1,160
  • Virginia $1,579
  • United States $1,413
Typical yearly household income
  • Bridgewater $75,280
  • Rockingham $80,693
  • Virginia $93,170
  • United States $80,734
See the full table
Bridgewater next to Rockingham County and Virginia
Measure Bridgewater Rockingham County Virginia U.S.
Typical home value $384,700 $313,000 $383,700 $332,700
Typical monthly rent $1,216 $1,160 $1,579 $1,413
Typical yearly household income $75,280 $80,693 $93,170 $80,734
Households that own their home 60% 75% 67% 65%
Typical yearly property tax $1,890 $1,645 $2,790 $3,119
Effective property tax rate 0.49% 0.53% 0.73% 0.94%
Renters with high rent for their income 55% 43% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Rockingham County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Bridgewater

For a typical $384,700 home in Bridgewater, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Bridgewater's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,046a month

    Least cash to close
    Down payment
    $13,465
    Cash to close
    $25,006
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $170

  • Conventional, 5% down $2,976a month

    Down payment
    $19,235
    Cash to close
    $30,776
    Rate
    7.18%
    Mortgage insurance
    PMI · $183

  • Conventional, 20% down, no PMI $2,402a month

    Down payment
    $76,940
    Cash to close
    $88,481
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,758a month

    Down payment
    $57,705
    Cash to close
    $69,246
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Bridgewater and for Rockingham County.

Property tax

Effective rate in Bridgewater

0.49%of the home’s value each year

$1,890 a year for the typical owner in Bridgewater.

  • Bridgewater 0.49%
  • Rockingham 0.53%
  • Virginia 0.73%

What Virginia publishes Local exemption or deferral for people 65 and older or with disabilities (Virginia General Assembly (Code of Virginia))

Exemptions and deadlines in Virginia

Flood risk in Rockingham County

FEMA does not publish these numbers by city: they are for all of Rockingham County.

Homes in the high-risk zone
3.6%
1,350
Of those, with NFIP insurance
15%
County Virginia U.S.
Homes in the high-risk zone 3.6% 1.5% 3.5%
Of those, with NFIP insurance 15% 100% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Bridgewater

Typical rent in Bridgewater is $1,216 a month: 5% above the county. In Bridgewater, 55% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Rockingham County, by unit size. To pay the 2-bedroom one ($1,264 a month) without spending more than 30% of your income, you would need to earn $24.31 an hour working full time.

HUD fair market rent for all of Rockingham County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,038 $19.96 $41,520
1 bedroom $1,044 $20.08 $41,760
2 bedrooms $1,264 $24.31 $50,560
3 bedrooms $1,728 $33.23 $69,120
4 bedrooms $2,034 $39.12 $81,360

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Bridgewater

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Bridgewater is in ZIP code 22812.

For 2 bedrooms it is $1,290: $26 more than the fair market rent for Rockingham County ($1,264).

  • 22812 $1,290$1,760

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Bridgewater when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Bridgewater

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Rockingham County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Bridgewater

No down payment, repair or rent-help program on our list is for Bridgewater or Rockingham County. The ones below are statewide in Virginia: they work in Bridgewater the same as in the rest of the state.

Which programs do I qualify for? All programs in Virginia

  • Down Payment Assistance Grant

    Statewide in Virginia

    Virginia state agency down payment grant that you do not repay; for first-time buyers, or any buyer in economic opportunity zones, with a Virginia Housing mortgage. Offered by Virginia Housing (Virginia Housing Development Authority).

    Grant

    See the program Official page

  • Virginia Housing Plus Second Mortgage

    Statewide in Virginia

    Virginia Housing 30-year fixed-rate second mortgage of up to 5% of the price for the down payment (and part of the closing costs with a credit score of 680 or higher); for first-time buyers and for people who have owned a home before. Offered by Virginia Housing (Virginia Housing Development Authority).

    Type not stated

    See the program Official page

  • Closing Cost Assistance Grant

    Statewide in Virginia

    Virginia Housing grant that you do not repay, of up to 2% of the price, for the closing costs of buyers with a Virginia Housing RD (Rural Development) or VA loan. Offered by Virginia Housing (Virginia Housing Development Authority).

    Grant

    See the program Official page

Housing counselors near Bridgewater

The HUD-approved agencies closest to the center of Bridgewater, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Piedmont Housing Alliance

    682 Berkmar Cir, Charlottesville · 34 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 10 more
    (434) 817-2436

  • Greater Charlottesville Habitat for Humanity

    967 2nd St SE, Charlottesville · 36 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 5 more
    (434) 293-9066

  • Skyline Community Action Partnership, Inc.

    532 S Main St, Madison · 38 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 6 more
    (540) 948-3916

All counseling agencies in Virginia

Help in Spanish near Bridgewater

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Bridgewater

HUD lists no housing authority with an office in Rockingham County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Virginia Source: HUD

Cities

Other cities in Rockingham County

These cities are also in Rockingham County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Rockingham County Housing in Virginia

Nearby cities

The cities closest to Bridgewater, with the typical home value.

Neighboring counties

If Rockingham County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Bridgewater.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Bridgewater

Short answers with the numbers for Bridgewater and all of Rockingham County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Bridgewater?

The typical home value in Bridgewater is $384,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Rockingham County it is $313,000.

How much does it cost to rent in Bridgewater?

Typical rent in Bridgewater is $1,216 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Rockingham County is $1,264.

What is the FHA loan limit in Bridgewater?

Bridgewater uses the FHA limit for all of Rockingham County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Bridgewater?

The typical homeowner in Bridgewater pays $1,890 a year, according to the U.S. Census Bureau. That is 0.49% of the home’s value; in Rockingham County, the rate is 0.53%.

Where can I find free help to buy or rent in Bridgewater?

We found no HUD-approved counseling agencies with an office in Rockingham County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).