Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Isle of Wight County, Virginia?
County · Census ACS 5-Year estimates
The median gross rent in Isle of Wight County, Virginia is $1,359/month (±$70), based on Census ACS 5-Year estimates (2024). The median home value is $356,500 (±$9,856), and the median household income is $95,241/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Isle of Wight County, Virginia and Neighbouring Counties
Housing Metrics for Isle of Wight County, Virginia
| Metric | Value |
|---|---|
| Median Gross Rent | $1,359 |
| Median Home Value | $356,500 |
| Median Household Income | $95,241 |
| Total Housing Units | 15,756 |
| Renter-Occupied Units | 3,130 |
| Renter-Occupied Share | 20% |
| Households Paying 50%+ Income | 717 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| 1 BR | $1,277 | +0.0% |
| 2 BR | $1,323 | +0.0% |
| 3 BR | $1,343 | +0.0% |
| 4 BR | $1,801 | +0.0% |
| 5+ BR | $3,000 | +0.0% |
How does Isle of Wight County, Virginia compare?
Median gross rent ranked against all counties in Virginia.
Higher rent than 74% of counties in Virginia · 35th of 133
| # | County | Value |
|---|---|---|
| 1 | Loudoun County | $2,386 |
| 2 | Arlington County | $2,322 |
| 3 | Fairfax County | $2,276 |
| … 31 more … | ||
| 35 | Isle of Wight County(you are here) | $1,359 |
| … 95 more … | ||
| 131 | Norton city | $692 |
| 132 | Russell County | $653 |
| 133 | Bland County | $644 |
More data for Isle of Wight County, Virginia
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Frequently asked questions
What is the average rent in Isle of Wight County, Virginia?
The median gross rent in Isle of Wight County, Virginia is $1,359/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 Isle of Wight County, Virginia?
The median rent for a 2-bedroom in Isle of Wight County, Virginia is $1,323/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$118. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Isle of Wight County, Virginia?
The median home value in Isle of Wight County, Virginia is $356,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Isle of Wight County are rent-burdened?
In Isle of Wight County, Virginia, 717 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 Isle of Wight County, Virginia?
The median household income in Isle of Wight County, Virginia is $95,241/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 $1,359 has a margin of error of ±$70. In very small areas, MOEs can be large relative to the estimate.
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