Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Galax city, Virginia?
City · Census ACS 5-Year estimates
The median gross rent in Galax city, Virginia is $743/month (±$65), based on Census ACS 5-Year estimates (2024). The median home value is $141,300 (±$23,066), and the median household income is $38,675/year. The unemployment rate in Grayson County, Virginia was 3.3% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Galax city, Virginia
| Metric | Value |
|---|---|
| Median Gross Rent | $743 |
| Median Home Value | $141,300 |
| Median Household Income | $38,675 |
| Total Housing Units | 2,763 |
| Renter-Occupied Units | 1,207 |
| Renter-Occupied Share | 44% |
| Households Paying 50%+ Income | 235 households |
| Unemployment Rate(April 2026) | 3.3% |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| 1 BR | $564 | +0.0% |
| 2 BR | $733 | +0.0% |
| 3 BR | $990 | +0.0% |
How does Galax city, Virginia compare?
Median gross rent ranked against all cities in Virginia.
Higher rent than 11% of cities in Virginia · 419th of 470
| # | City | Value |
|---|---|---|
| 1 | Great Falls CDP | $3,501 |
| 1 | South Run CDP | $3,501 |
| 1 | Wakefield CDP | $3,501 |
| … 415 more … | ||
| 419 | Galax city(you are here) | $743 |
| … 48 more … | ||
| 468 | St. Paul town | $460 |
| 469 | Fries town | $333 |
| 470 | Lovingston CDP | $232 |
More data for Galax city, Virginia
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Frequently asked questions
What is the average rent in Galax city, Virginia?
The median gross rent in Galax city, Virginia is $743/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Galax city, Virginia?
The median rent for a 2-bedroom in Galax city, Virginia is $733/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$51. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Galax city, Virginia?
The median home value in Galax city, Virginia is $141,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Galax city are rent-burdened?
In Galax city, Virginia, 235 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Galax city, Virginia?
The median household income in Galax city, Virginia is $38,675/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $743 has a margin of error of ±$65. In very small areas, MOEs can be large relative to the estimate.
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